Welcome to our dedicated page for Rigetti Computing SEC filings (Ticker: RGTI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Rigetti Computing, Inc. filings document a public quantum-computing company with common stock and warrants listed on the Nasdaq Capital Market. Recent Form 8-K reports furnish financial results, Regulation FD product announcements for systems such as Cepheus-1-108Q, customer-order updates, and material agreements, including office and laboratory lease arrangements through its Rigetti & Co, LLC subsidiary.
Proxy materials cover annual-meeting voting procedures, board matters, and stockholder governance. The filing record also identifies the company as an emerging growth company and provides recurring disclosure around capital structure, warrants, governance changes, and reported corporate events tied to its quantum hardware and cloud-access business.
Rigetti Computing’s President and CEO Subodh K. Kulkarni received a grant of stock options covering 600,000 shares of common stock. The options have an exercise price of $16.99 per share and expire on March 9, 2036. They were granted as compensation rather than bought on the open market.
According to the vesting terms, one‑thirty‑sixth of the options vest and become exercisable on the 10th day of each calendar month starting in April 2026, as long as he remains in continuous service with Rigetti through each vesting date. Following this grant, he holds 600,000 options under this award.
Rigetti Computing chief financial officer Jeffrey A. Bertelsen received an option grant for 180,000 shares of common stock at an exercise price of $16.99 per share. These options begin vesting monthly starting in April 2026 over 36 months, subject to his continued service.
On the same date, he sold 4,270 shares of common stock at a weighted average price of $17.5186 per share in nondiscretionary “sell to cover” transactions to satisfy tax withholding obligations tied to RSU settlement. After this sale, he directly holds 175,609 shares of common stock.
Rigetti Computing, Inc. Chief Technology Officer David Rivas reported two common stock transactions. He executed nondiscretionary open-market sales of 36,719 shares at a weighted average price of $17.5201 per share to cover tax withholding from restricted stock unit (RSU) settlement, and then received an award of 80,000 RSUs. Following these transactions, he directly holds 731,914 shares. The RSU award vests over time, with one-fourth vesting on February 20, 2027 and the remaining three-fourths vesting in equal quarterly installments on February 20, May 20, August 20, and November 20, subject to continued service.
Rigetti Computing, Inc. is an early-stage quantum computing company focused on superconducting, multi-chip processors delivered via cloud services and on-premises quantum processing units (QPUs). It operates its own Fab-1 fabrication facility and emphasizes modular “chiplet” architectures to scale qubit counts.
Recent systems include the 36‑qubit Cepheus‑1‑36Q with a reported 99.6% median two‑qubit gate fidelity and a 76‑nanosecond median gate time, and a 108‑qubit Cepheus‑1‑108Q using twelve 9‑qubit chiplets. Internal testing has shown two‑qubit fidelities up to 99.9% on prototype platforms.
The company is building a business model around QPU sales, quantum computing‑as‑a‑service and development contracts, with partners such as AWS, Microsoft Azure and government agencies. It reported a net loss of $216.2 million in 2025 and an accumulated deficit of $771.0 million, and expects continued losses as it invests heavily in R&D and manufacturing.
Rigetti entered a Collaboration Agreement with Quanta, under which each party plans to invest at least $250 million in quantum computing over five years, and Quanta bought approximately $35 million of Rigetti common stock. The company also received an $8.4 million purchase order to deliver a 108‑qubit system to India’s C‑DAC and continues to highlight significant technical and commercialization risks, including the possibility that quantum advantage or large‑scale fault‑tolerant systems may not be achieved on its anticipated timeline or at all.
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 director Michael S. Clifton reported a planned sale of derivative securities linked to the company’s stock. On February 9, 2026, he disposed of 50,000 Warrants (right to buy) at a weighted average price of $6.9447 per derivative security.
The Warrants were fully vested and exercisable, and the transaction was made under a pre-established Rule 10b5-1 trading plan adopted on March 10, 2025. After this sale, Clifton beneficially owned 206,250 derivative securities directly. The reported price reflects multiple trades in a range from $6.80 to $7.01.
Rigetti Computing shareholder Michael Clifton has filed a notice to sell additional securities. The filing covers a planned sale of 50,000 Rigetti Computing warrants through broker Piper Sandler & Co. on Nasdaq, with an aggregate market value of $374,000.
These warrants were originally acquired on March 2, 2022 as sponsor promote warrants from the issuer. As context, over the prior three months Clifton sold 150,000 shares of common stock for $4,100,805 and 100,000 warrants for $1,644,030. Rigetti had 330,026,078 shares outstanding at the time referenced.
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.