Filing Flows › Rigetti Computing (RGTI) › Q2 2026
Rigetti Computing (RGTI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Rigetti Computing (RGTI) reported revenue of $5.1M for the second quarter 2026 (Q2 2026), +185% from a year earlier and +17% from the quarter before. Operating margin was -546.2%.
Rigetti Computing, Q2 2026: revenue $5.1M (+185% year over year), operating margin -546.2%, net loss $52.6M, operating cash flow −$15.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1M | +17% | +185% |
| Operating profit | −$28.1M | — | — |
| Net earnings | −$52.6M | -259% | — |
| Operating cash flow | −$15.8M | — | — |
What changed
Revenue was $5.1M in Q2 2026, up 185% year over year and up 17% from the previous quarter. Sales of quantum computers and quantum components was the largest line at 80% of revenue. Collaborative research and professional services declined 44%.
Gross margin was 42.6%, up 11.2 points from Q2 2025. Operating costs exceeded revenue by $28.1M, an operating margin of -546.2%. Operating expenses grew 48% against revenue growth of 185%. The fastest-growing cost line was Research & development (+53%). The quarter ended with a net loss of $52.6M, after a profit of $33.1M the previous quarter.
Operating cash flow was −$15.8M. Non-cash charges added back $2.9M of depreciation and $7.0M of share-based compensation. Working capital and other items added $26.9M. Capital expenditures of $12.0M exceeded it, leaving free cash flow of −$27.8M.
Questions
What was Rigetti Computing's revenue in the second quarter 2026?
Rigetti Computing (RGTI) reported revenue of $5.1M for the second quarter 2026 (Q2 2026), +185% from a year earlier and +17% from the quarter before.
Was Rigetti Computing profitable in the second quarter 2026?
Operating loss was $28.1M (-546.2% of revenue) and net loss $52.6M.
Source: Rigetti Computing 10-Q on SEC EDGAR.