Welcome to our dedicated page for Rigetti Computing news (Ticker: RGTI), a resource for investors and traders seeking the latest updates and insights on Rigetti Computing stock.
Rigetti Computing, Inc. reports developments in full-stack quantum-classical computing, including on-premises quantum systems, superconducting quantum processors, and cloud access through the Rigetti Quantum Cloud Services platform. The company sells 9-qubit to 108-qubit systems under the Novera and Cepheus product names, with hardware designed for national laboratories, quantum computing centers, research institutions, government customers, and enterprise R&D.
Recurring updates cover quantum processor availability, chiplet-based system scaling, customer orders and QPU sales, financial results, conference participation, and manufacturing activity at Fab-1. Product news also includes access to systems such as Cepheus-1-108Q through QCS and supported cloud channels.
Rigetti Computing (Nasdaq:RGTI) announced that CEO Dr. Subodh Kulkarni will join a fireside chat at the Canaccord Genuity Virtual Quantum Symposium on Thursday, May 21, 2026 at 12:00 PM ET. A live webcast and 90-day replay will be available via Rigetti’s investor relations site.
Rigetti Computing (Nasdaq:RGTI) reported first quarter 2026 results and key quantum milestones.
Q1 2026 revenue was $4.4 million, operating loss was $26.0 million, GAAP net income was $33.1 million, and non-GAAP net loss was $14.7 million. Diluted GAAP and non-GAAP net loss per share were $(0.06) and $(0.04), respectively.
Rigetti ended the quarter with $569.0 million in cash, cash equivalents and available-for-sale investments and no debt.
The company launched its 108-qubit Cepheus-1-108Q system into general availability across multiple cloud platforms, advanced on-premises Novera QPU deployments, and announced plans to invest up to $100 million in the UK toward a >1,000-qubit system in three to four years.
Tradr ETFs announced the Tradr 2X Long XNDU Daily ETF (Cboe: XNDX) on May 7, 2026, a first-to-market single-stock leveraged ETF seeking 200% of the daily performance of Xanadu Quantum Technologies (Nasdaq: XNDU).
Tradr says the launch expands its lineup to 64 leveraged ETFs with over $5 billion AUM and adds to existing quantum-focused leveraged products referencing D-Wave (QBTS), Rigetti (RGTI), and Quantum Computing Inc. (QUBT). The firm notes significant risks with leveraged ETFs and directs investors to its website for details.
Rigetti Computing (Nasdaq: RGTI) announced that CEO Dr. Subodh Kulkarni will participate in a fireside chat and that Dr. Kulkarni and CFO Jeff Bertelsen will hold one-on-one investor meetings at the 21st Annual Needham Technology, Media, & Consumer Conference on Wednesday, May 13, 2026 at 8:45 AM ET.
Investors can watch a live webcast via Rigetti's investor relations Events page; a replay will be available for 90 days after the event.
Rigetti Computing (Nasdaq: RGTI) will release first quarter 2026 financial results on Monday, May 11, 2026, after market close.
The company will host a conference call the same day at 5:00 pm ET / 2:00 pm PT to discuss results and provide a business update. A live audio webcast and a registered participant dial-in are available; replays will remain online for one year.
Rigetti (Nasdaq: RGTI) announced general availability of its 108-qubit system, Cepheus-1-108Q, delivered via Rigetti Quantum Cloud Services and Amazon Braket on April 7, 2026. The modular chiplet system comprises twelve 9-qubit chiplets, achieves a 99.1% median two-qubit gate fidelity and ~60 ns gate speed, with 99.9% median single-qubit fidelity. Rigetti expects fidelity to improve through 2026 and targets a 99.5% median two-qubit fidelity later this year. The system validates Rigetti's chiplet-based scaling and aims to support deeper circuits for materials science, optimization, and quantum simulation.
Rigetti (Nasdaq: RGTI) sold a 9-qubit Novera QPU to the University of Saskatchewan; the unit was shipped in March 2026 and will form the core of USask’s first quantum computing system.
The system will be managed by USask’s quanTA centre and integrates partner hardware and software including a dilution refrigerator, Qblox control systems, and QuantrolOx automation.
Rigetti (Nasdaq: RGTI) intends to invest up to $100 million in the UK to accelerate quantum computing development and deploy a system with over 1,000 qubits within the next 3–4 years. This is the company’s first major investment outside the US and builds on an existing 36‑qubit deployment at the National Quantum Computing Centre. The plan aligns with the UK’s recently announced £2 billion government program and cites milestones toward a TeraQuOp (one trillion quantum operations) by 2035.
Rigetti (Nasdaq: RGTI) reported Q4 2025 and full-year results on March 4, 2026. Q4 revenue was $1.9 million and full-year revenue $7.1 million. GAAP net loss for 2025 was $216.2 million; non-GAAP net loss was $50.5 million. Cash, cash equivalents and investments were $589.8 million.
Key business updates: an ~$8.4 million C-DAC order for a 108-qubit on-premises system, $5.7 million of Novera orders, and claimed fidelity milestones including 99.9% two-qubit gate fidelity at 28ns on a prototype platform.
Rigetti Computing (Nasdaq: RGTI) will report fourth quarter and full‑year 2025 financial results on March 4, 2026 after market close and will host a conference call at 5:00 pm ET / 2:00 pm PT the same day.
Investors can access a live audio webcast via the provided link or register to join the live call; a replay will be available for one year on the company’s investor site.