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Rigetti Computing, Inc. RGTI Q2 2025 earnings

Reported August 12, 2025 · After market close

Revenue$1.8MMiss by $626.4K
EPS-$0.05Beat by $0.01
Revenue estimate$2.4M
EPS estimate-$0.06

Next report

Nov 9, 2026 (in 2 months)
Revenue estimate$3.7M
EPS estimate-$0.05

Financials

Q2 2025

Income statement

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Revenue$1.8M-41.6%
Gross profit$566.0K-71.6%
Operating income-$19.9M-23.6%
Net income-$39.7M-219%
EPS (diluted)-$0.13-85.7%

Balance sheet

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Cash & equivalents$57.2M+176%
Total debt$8.0M-66.8%
Total equity$553.3M+353%
Total assets$636.7M+292%

Cash flow

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Operating cash flow-$16.2M-19.6%
CapEx$5.7M+177%
Free cash flow-$21.8M-40.3%

Valuation & ratios

Valuation

as of 06/30/25
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Market cap$3.71B+2,184%
Enterprise value$3.66B+2,108%
P/S468.3×+455×

Profitability

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Gross margin40.6%-25.0pp
Operating margin-976.1%+5,378pp
Net margin-2,079.9%-3,198pp
FCF margin-827.3%+9,060pp

Returns & leverage

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Return on equity-48.8%-5.9pp
Debt / equity0×-0.2×
Current ratio41.6×+37.3×

Segments

By geography

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Europe$771.0K+89.4%
Asia$63.0K-88.0%

By product

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Collaborative Research And Other Professional Services$1.7M-44.5%
Access To Quantum Computing Systems$90.0K+1,700%

By segment

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Single Reportable$1.8M-41.6%

FAQ

When did Rigetti Computing, Inc. report Q2 2025 earnings?
Rigetti Computing, Inc. (RGTI) reported Q2 2025 earnings on August 12, 2025 after market close.
What were Rigetti Computing, Inc.'s Q2 2025 revenue and EPS?
Rigetti Computing, Inc. reported revenue of $1.8M and eps of $-0.05 for Q2 2025.
Did Rigetti Computing, Inc. beat estimates in Q2 2025?
Revenue missed the consensus estimate of $2.4M by $626.4K. EPS beat the consensus estimate of $-0.06 by $0.01.
How did Rigetti Computing, Inc.'s Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 41.6% from $3.1M a year earlier and eps grew 28.6% from $-0.07.
Where can I find Rigetti Computing, Inc.'s Q2 2025 SEC filings?
You can read the 8-K earnings release (0001558370-25-011219) and the 10-Q periodic report (0001558370-25-011224) directly on SEC EDGAR. The filing index links above go to sec.gov.