Form 8-K · Current Report · Filed 2026-05-11
Rigetti Computing Reports Q1 2026 Financial Results and Business Milestones
Rigetti Computing, Inc. reported its financial results for the first quarter of 2026, showing total revenues of $4.4 million and an operating loss of $26.0 million. The company also announced significant business milestones, including the general availability of its 108-qubit Cepheus-1-108Q quantum system and plans for a $100 million investment in the UK to accelerate quantum computing development. Rigetti ended the quarter with a strong cash position of $569.0 million.
- Filer
- Rigetti Computing Inc. RGTI · NASDAQ
- Filed
- Accession
- 0001104659-26-058635
- CIK
- 0001838359
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$18.94
Next session
+0.7%
Since filing
-21.1%
Latest close
$14.95
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Previous filings from RGTI reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, RGTI insiders reported 33 Form 4 transactions — net selling of $22.5M.
About Rigetti Computing Inc.
Rigetti Computing Inc. is at the forefront of a burgeoning sector within the technology industry, specializing in quantum computing. The company's main objective is to develop and commercialize quantum computing solutions that can outperform classical computers in specific tasks, which holds promise for industries like pharmaceuticals, finance, and artificial intelligence. Rigetti's pioneering efforts aim to harness the principles of quantum mechanics to create advanced hardware and cloud platforms that enable complex problem-solving and optimization capabilities. Founded in 2013 and headquartered in Berkeley, California, Rigetti endeavors to merge cutting-edge quantum technology with practical applications, potentially revolutionizing computational methods across various domains. By building a quantum computing ecosystem, Rigetti Computing Inc. plays a crucial role in advancing the technological paradigm, making it a significant entity within the rapidly evolving landscape of modern computing.
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