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Rigetti Computing, Inc. RGTI Q2 2026 earnings

Reported August 6, 2026 · After market close

Revenue$5.1MBeat by $51.1K
EPS-$0.05Miss by $0.00
Revenue estimate$5.1M
EPS estimate-$0.05
“In the second quarter, we continued to execute on our strategy by focusing on our system performance, progressing our core technology roadmap, and broadening on-premises system deployments. Our recently announced expanded collaboration with Hewlett Packard Enterprise Company (HPE) and the Pittsburgh Supercomputing Center to develop a hybrid quantum-classical supercomputer reflects growing demand for our approach and positions Rigetti to deliver differentiated quantum-enhanced high-performance computing (HPC) solutions.”
Dr. Subodh Kulkarni

Next report

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

Financials

Q2 2026

Income statement

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Revenue$5.1M+185%
Gross profit$2.2M+287%
Operating income-$28.1M-41.1%
Net income-$52.6M-32.7%
EPS (diluted)-$0.16-23.1%

Balance sheet

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Cash & equivalents$27.8M-51.4%
Total debt$7.7M-3.9%
Total equity$537.4M-2.9%
Total assets$648.2M+1.8%

Cash flow

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Operating cash flow-$15.8M+2.4%
CapEx$12.0M+112%
Free cash flow-$27.8M-27.2%

Valuation & ratios

Valuation

as of 09/17/26
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Market cap$4.94B-30.7%
Enterprise value$4.92B-30.6%
P/S369.7×-530×

Profitability

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Gross margin34.6%-6.0pp
Operating margin-727.6%-148pp
Net margin-1,787.4%-220pp
FCF margin-655.9%-113pp

Returns & leverage

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Return on equity-43.8%-4.1pp
Debt / equity0×0.0×
Current ratio3.9×-37.6×

Segments

By product

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Sales Of Quantum Computers And Quantum Components$4.1M—
Collaborative Research And Other Professional Services$952.0K-44.4%
Access To Quantum Computing Systems$88.0K-2.2%

By geography

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Asia$830.0K+1,217%
Europe$175.0K-77.3%

By segment

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Single Reportable$5.1M+185%

FAQ

When did Rigetti Computing, Inc. report Q2 2026 earnings?
Rigetti Computing, Inc. (RGTI) reported Q2 2026 earnings on August 6, 2026 after market close.
What were Rigetti Computing, Inc.'s Q2 2026 revenue and EPS?
Rigetti Computing, Inc. reported revenue of $5.1M and eps of $-0.05 for Q2 2026.
Did Rigetti Computing, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $5.1M by $51.1K. EPS missed the consensus estimate of $-0.05 by $0.00.
How did Rigetti Computing, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 185.3% from $1.8M a year earlier and eps grew 0.0% from $-0.05.
Where can I find Rigetti Computing, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001104659-26-091979) and the 10-Q periodic report (0001104659-26-091993) directly on SEC EDGAR. The filing index links above go to sec.gov.