Every 10-Q that Rigetti Computing Inc (RGTI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RGTI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RGTI filings page.
Rigetti Computing, Inc., which builds and operates superconducting quantum computers, reported higher revenue but continued losses for the quarter and six months ended June 30, 2026. Dollar figures from the financial statements are presented in thousands. Quarterly revenue was $5,138, driven mainly by $4,098 from sales of quantum computers and components, with the balance from collaborative services and cloud access, yielding gross profit of $2,188.
Operating expenses remained high, with research and development of $20,728 and selling, general and administrative costs of $9,522, producing a loss from operations of $28,062. Other expense of $24,544 included a $(29,602) change in fair value of derivative warrant liabilities, leading to a net loss of $(52,606), or $(0.16) per basic and diluted share. For the first half of 2026, revenue reached $9,538 and net loss was $(19,497), with net loss available to common stockholders of $(43,592), or $(0.13) per diluted share.
Total assets were $648,233 at June 30, 2026, including cash and cash equivalents of $27,763 and U.S. treasury investments of $365,946 short term and $147,586 long term, against stockholders’ equity of $537,434. Net cash used in operating activities was $(31,993) in the first half. Management states that existing cash, cash equivalents and available‑for‑sale investments are expected to meet anticipated operating needs for at least twelve months. Net income (loss) also reflects changes in the fair value of 8,436,597 Public Warrants and 283,424 Private Warrants, whose derivative liabilities totaled $78,407 (including $75,550 for Public and $2,857 for Private Warrants), and revenue concentration, with Customer A representing 64% of Q2 2026 revenue.
Rigetti Computing reported Q1 2026 results showing strong top-line growth but continued operating losses, with bottom-line profitability driven by non‑cash items. Revenue rose to $4.4 million from $1.5 million a year earlier, mainly from sales of quantum computers and components, which contributed $3.0 million.
Loss from operations widened to $26.0 million, reflecting heavy research and development spending of $20.0 million and selling, general and administrative expenses of $7.4 million. However, a $53.7 million gain from the change in fair value of derivative warrant liabilities and $5.4 million of interest income led to net income of $33.1 million.
Rigetti ended March 31, 2026 with $48.1 million in cash and cash equivalents and $520.8 million in U.S. Treasury investments, supporting ongoing cash use of $16.2 million from operations in the quarter. The company highlighted commercialization progress, including an $8.4 million order for a 108‑qubit system for C‑DAC and general availability of its 108‑qubit Cepheus‑1‑108Q system across major cloud platforms.
Rigetti Computing (RGTI) reported Q3 2025 results marked by large non‑cash warrant revaluation losses and a completed $350 million at‑the‑market equity raise. Revenue was $1.947 million versus $2.378 million a year ago, with gross profit of $0.404 million and an operating loss of $20.549 million. Net loss was $200.968 million, driven primarily by a $181.955 million loss from the change in fair value of derivative warrant liabilities and a $4.062 million loss from earn‑out liabilities, partly offset by $5.598 million of interest income.
Liquidity expanded through financing: during the nine months, Rigetti raised $350 million via an ATM program (30,309,780 shares at a $11.55 weighted average price), $35 million from a Quanta private placement, and $3.0 million from public warrant exercises. Subsequent to September 30, the company received $46.5 million from 4,042,099 additional public warrant exercises.
As of September 30, cash and cash equivalents were $26.133 million, short‑term U.S. Treasury investments were $420.850 million, and long‑term U.S. Treasury investments were $111.955 million. Operating cash used was $43.642 million for the nine months. Shares outstanding were 325,307,895 at September 30 and 330,026,078 as of November 6. Derivative warrant liabilities totaled $240.737 million at quarter‑end.