Every 8-K 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 8-K covers material events a company has to report between its quarterly 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. (RGTI) entered into an Other Transaction Agreement with the U.S. Department of Commerce under the CHIPS Act, providing up to $100 million of funding to its subsidiary to accelerate superconducting quantum computing R&D across three major technical projects. The agreement runs from September 4, 2026 until all milestones are completed or the fifth anniversary, with later tranches of funding released only if the Department determines milestones have been met, and with clawback rights if required activities are not completed or in cases of material non-compliance with security and domestic control provisions.
In connection with the award, Rigetti agreed to issue the Department 7,739,938 shares of common stock at an implied price of $12.92 per share in a private placement, giving the Department a minority, non‑controlling equity stake with limited voting rights, transfer restrictions, and registration rights. If the agreement is terminated for convenience by the Department before the latest required activity date, its right to recover paid amounts ends, and Rigetti may repurchase for $1.00 the number of shares corresponding to undisbursed or returned award amounts.
Rigetti Computing, Inc. (RGTI) reported that Dr. Ray Johnson has resigned from its Board of Directors. He notified the company on August 19, 2026, with his resignation effective August 28, 2026. The company states that Dr. Johnson’s decision to resign was not due to any disagreement regarding operations, policies, or practices. Rigetti expressed appreciation for his commitment and service. The report was signed by Chief Financial Officer Jeffrey Bertelsen.
Rigetti Computing, Inc. (RGTI) announced a new operating structure centered on a dedicated Systems Delivery organization to support growing demand for on‑premises quantum systems from 9‑qubit Novera units to 108‑qubit Cepheus‑class systems. To support this structure, the Board appointed David Rivas$440,000. Rivas will oversee fabrication operations, systems delivery, software, applications, commercial functions, government programs, supply chain, and facilities.
The Board also appointed Andrew Bestwick, Ph.D., previously Senior Vice President, Quantum Systems, as Chief Technology Officer, responsible for quantum processor development, chip fabrication development, and hardware engineering. Rigetti highlights its focus on advancing its quantum processor roadmap, including a target of 99.5% median two‑qubit gate fidelity on its Cepheus‑1‑108Q system, and notes that the technology organization will remain its largest engineering group.
Rigetti Computing, Inc. reported second quarter 2026 revenue of $5.1 million, up from $1.8 million a year earlier, producing gross profit of $2.2 million. Operating expenses rose to $30.3 million, resulting in a GAAP net loss of $52.6 million, or $0.16 per share.
The company recorded a non‑GAAP net loss of about $16.0 million for the quarter. As of June 30, 2026, it held $27.8 million in cash, $365.9 million in short‑term investments and $147.6 million in long‑term investments, with no debt. Operating cash outflow for the first half was $32.0 million.
Rigetti highlighted growing demand for its superconducting quantum systems, including a 9‑qubit Novera system for the Pittsburgh Supercomputing Center and a 108‑qubit system program in India. It also signed a letter of intent with the U.S. Department of Commerce for potential funding of up to $100 million over three years in exchange for an equity stake, and continues to target systems of roughly 1,000 qubits with higher fidelities and faster gate speeds over about three years.
Rigetti Computing, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 9, 2026. Stockholders elected Subodh Kulkarni as a Class I director to serve until the 2029 Annual Meeting, receiving 84,378,493 votes for and 9,946,548 votes withheld, with 93,703,628 broker non-votes.
Stockholders also ratified the appointment of BDO USA, P.C. as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 185,103,270 votes for, 1,473,228 votes against, 1,452,171 abstentions and no broker non-votes.
Rigetti Computing announced that its subsidiary signed a Letter of Intent with the U.S. Department of Commerce for an award of up to $100 million over three years to support superconducting quantum computing research and development under the CHIPS Act.
The LOI contemplates the Department receiving an equity stake in Rigetti through newly issued common shares valued at the lowest reported closing price on three specified dates, discounted by 15%, which would dilute existing stockholders. The parties have only agreed to negotiate definitive transaction agreements, so the funding and equity issuance remain subject to completion of those agreements.
Rigetti Computing reported sharp year-over-year growth in early-stage revenue while remaining unprofitable on an operating basis. First quarter 2026 revenue rose to $4.4 million from $1.5 million a year earlier, but the company posted a $26.0 million operating loss.
Rigetti recorded GAAP net income of $33.1 million, driven by large non-cash gains on derivative warrant liabilities, while non-GAAP net loss was $14.7 million, or $0.04 per diluted share. Cash, cash equivalents and available-for-sale investments totaled $569.0 million as of March 31, 2026, and the company reported no debt.
Operationally, Rigetti launched general availability of its 108-qubit Cepheus-1-108Q system across multiple cloud platforms, advanced on-premises Novera QPU deployments, and announced plans to invest up to $100 million in the UK toward a system with over 1,000 qubits in the next three to four years. The company highlighted two-qubit gate fidelities up to 99.9% and ongoing improvements in its chiplet-based architecture and error-mitigation research.
Rigetti Computing, Inc. disclosed that its wholly owned subsidiary, Rigetti & Co, LLC, entered into a sublease with Chinook Therapeutics, Inc. for approximately 12,543 rentable square feet of office and laboratory space at 740 Heinz Avenue in Berkeley, California.
The sublease term will begin on the “Commencement Date,” defined as the latest of June 1, 2026, landlord consent, and delivery of the premises in the agreed condition, and is scheduled to run through November 30, 2029. Monthly base rent starts at $38,111.91, rising annually to $41,645.91 in the fourth year.
Rigetti & Co, LLC will also pay 11.19% of taxes, insurance, and operating expenses under the master lease, provide a $50,000 security deposit, and is subject to customary default and covenant provisions. The arrangement expands Rigetti’s office and lab footprint under a long-term, fixed-rent commitment.
Rigetti Computing, Inc. announced the general availability of its new 108-qubit quantum computing system, Cepheus-1-108Q, now accessible through the Rigetti Quantum Cloud Services platform and Amazon Braket. This is Rigetti’s highest qubit-count system and described as the industry’s largest modular quantum computer based on the company’s proprietary chiplet-based architecture.
The system combines twelve interconnected 9-qubit chiplets, tripling the qubit count from Rigetti’s prior 36-qubit Cepheus-1-36Q system. It is currently operating at a 99.1% median two-qubit gate fidelity with ~60 ns gate speed and 99.9% median single-gate fidelity. Rigetti states that chiplet design refinements have shifted performance limits from coupler behavior to coherence time, which it is addressing through materials and fabrication work.
The company plans to continue enhancing Cepheus-1-108Q during 2026, targeting a 99.5% median two-qubit gate fidelity later in the year, and intends to update its technology roadmap, including how it expects to reach quantum advantage in about three years.
Rigetti Computing, Inc. reported that director H. Gail Sandford has notified the company she will not stand for re-election to the Board of Directors when her current term ends at the 2026 Annual Meeting of Stockholders. The company stated that her decision is not due to any disagreement regarding operations, policies, or practices. Rigetti expressed appreciation for Ms. Sandford’s commitment and service to the company.
Rigetti Computing reported 2025 results showing a smaller quantum-computing business still investing heavily for growth. Full-year revenue was $7.1 million, down from $10.8 million, and the company generated gross profit of $2.1 million, down from $5.7 million. Operating expenses rose, with research and development reaching $61.3 million and selling, general and administrative at $25.4 million, driving an operating loss of $84.7 million. After large non-cash mark-to-market swings on warrant and earn-out liabilities, net loss was $216.2 million, or $(0.70) per share, while non-GAAP net loss, which excludes these items and stock-based compensation, was $50.5 million, or $(0.16) per share. Despite losses, Rigetti ended December 31, 2025 with $44.9 million in cash and $398.7 million in short-term investments, supported by $439.1 million of net financing inflows, mainly from at-the-market stock sales and warrant exercises, which lifted total assets to $666.6 million and stockholders’ equity to $546.2 million.
Rigetti Computing, Inc. reported that it received an $8.4 million purchase order to deliver a 108-qubit quantum computer to India’s Centre for Development of Advanced Computing (C-DAC), the premier R&D organization of the Ministry of Electronics and Information Technology. The system will be installed on-premises at C-DAC’s Bengaluru center and is scheduled to be deployed in the second half of 2026. The company disclosed this customer contract via a press release furnished as an exhibit to this Form 8-K.
Rigetti Computing, Inc. reported changes to its quantum product roadmap and new performance milestones for its systems. The company now expects general availability of its 108-qubit quantum computing system, Cepheus-1-108Q, around the end of the first quarter of 2026, shifting the previously communicated timing. Rigetti also announced that it achieved a median two-qubit gate fidelity of 99% on the 108-qubit system, 99.7% on its 9-qubit system, and 99.6% on its 36-qubit system, indicating improving hardware quality across different processor sizes.
Rigetti Computing, Inc. (RGTI) furnished a Form 8-K announcing its financial results for the three and nine months ended September 30, 2025. The results are provided in a press release attached as Exhibit 99.1 and incorporated by reference. The information in Item 2.02, including Exhibit 99.1, is being furnished and not deemed filed under the Exchange Act.
The company’s securities include Common Stock (RGTI) and publicly traded warrants (RGTIW), each whole warrant exercisable for one share at an exercise price of $11.50 per share.