NASDAQ$RGTI

Rigetti Computing Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Rigetti Computing reported Q3 2025, revenue of $1.9M, net loss of $20M.

For Q3 2025, Rigetti Computing reported revenue of $1.9M, a net loss of $20M. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $1.9M.
  • Net loss $20M.
  • Rigetti Computing highlights liquidity, operations, and near-term priorities.

Headline financials

Total Revenue

$1.95M

Previous: $2.38M-18.1%
EPS (adj)

-$0.03

Previous: -$0.28+89.3%
Operating Loss

$20.5M

No prior period
GAAP Net Loss

$201M

No prior period
Non-GAAP Net Loss

$10.7M

No prior period
Cash and Investments

$600M

No prior period
Novera System Orders

$5.7M

No prior period
Capital Expenditures

-$14.1M

Previous: -$9.82M-43.7%
Net Income

-$201M

Previous: -$14.8M-1254.9%
Operating Income

-$20.5M

Previous: -$17.3M-18.5%
Gross Profit

$404K

Previous: $1.2M-66.4%

Revenue & EPS history

Rigetti · Revenue · Quarterly

$1.95M

Q3 2025-18.1%vs Q3 2024
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Forward guidance

The filing outlines Rigetti Computing's outlook, including capital allocation, operating priorities, and sector risks relevant to upcoming periods.

Tailwinds

  • Rigetti Computing discusses operational execution and demand trends in the filing.
  • Balance sheet and liquidity actions support the business plan.
  • Technology deployment and contract wins support growth.

Headwinds

  • Macro, pricing, and cost inflation may pressure margins.
  • Segment mix and one-time items can affect comparability.
  • Capital intensity and path to profitability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.3%

Avg return

Earnings day

+5.4%

Avg return

5 days after

+10.6%

Avg return

30 days after

40%

8 / 20 earnings

Positive

+38.2%

Q2 2023

Best reaction

-14.7%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.5%-5.9%+1.5%
Q4 2025-4.4%-4.3%-20.1%
Q3 2025-2.7%-23.0%-18.7%
Q1 2025-14.7%+2.6%+4.8%
Q4 2024+4.0%-1.6%-8.3%
Q3 2024+11.8%-7.2%+292.8%
Q2 2024+1.6%+15.3%-3.1%
Q1 2024-7.2%+5.6%-18.4%
Q4 2023-3.4%-14.2%-42.2%
Q3 2023-7.6%+13.3%-1.0%
Q2 2023+38.2%+35.8%+20.0%
Q1 2023-5.4%+5.5%+173.1%
Q4 2022-1.8%+29.1%-19.3%
Q3 2022+6.5%+12.9%-34.7%
Q2 2022+8.3%+20.6%-45.9%
Q1 2022-1.0%+11.5%-42.0%
Q4 2021-9.2%-0.6%-26.7%
Q3 2021+6.4%+12.6%-0.2%
Q2 2021-0.3%-0.4%+0.1%
Q1 2021-0.1%-0.3%+0.3%

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