Revenue Growth Driven by Novera Systems
Revenue increased 185% year-over-year to $5.1 million, driven by higher sales of 9-qubit Novera quantum computing systems and related products.
At the archive date, Rigetti Computing, Inc. was expected to release its Q3 2026 10-Q filing on November 9, 2026. Last quarter: RGTI revenue surged 185% in Q2 FY2026 on Novera product sales, but net loss widened to $52.6 million due to higher R&D and a non-cash warrant charge.
EPS Estimate
$-0.05
Revenue Estimate
$3.75M
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the RGTI page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
Revenue increased 185% year-over-year to $5.1 million, driven by higher sales of 9-qubit Novera quantum computing systems and related products.
Research and development expenses rose 53% to $20.7 million, due to increased headcount, stock-based compensation, and depreciation as the company advances toward fault-tolerant quantum computing.
Selling, general and administrative expenses grew 37% to $9.5 million, reflecting higher stock-based compensation and legal costs in support of business expansion.
Cost of Revenue
$2.95M
+138.87% YoY
EPS (Diluted)
-$0.16
-23.08% YoY
Operating Income
-$28.06M
-41.14% YoY
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