Update
Rigetti Computing Q3 2026 Earnings Report
Rigetti Computing reported quarterly revenue of $1.41 million in Q3 2026, below analyst expectations of $3.52 million. Non-GAAP loss per share was $0.06, compared to the expected $0.05. The company's operating losses widened to $33.2 million, primarily due to continued research and development investments. Rigetti achieved 99.5% median two-qubit gate fidelity on its 108-qubit system, a significant technological milestone. The company ended the quarter with $497.1 million in cash and investments and no debt. Management maintained its 2026 revenue outlook of approximately $20 million, contingent on customer acceptance of its C-DAC system in Q4.