Rigetti Computing Inc. (RGTI) earnings date & stock reaction
RGTI · Rigetti Computing Inc. · IT
Rigetti Computing Inc. earnings date & time
Schedule
- Korea time (KST)
- Wed, November 11
- Reporting pattern
- 12 of last 12 after close
- Typical move
- ±7.2% · 12-report avg
What the market expects
Consensus EPS
$-0.05Coming in above this counts as a beat
“Our recently announced letter of intent with the U.S. Department of Commerce for up to $100 million in potential funding underscores the strategic importance of our platform and could help us accelerate key R&D programs aimed at scaling and advancing superconducting quantum computing.”
“Gross margin for the quarter was approximately 43%, compared to 31% in the second quarter of 2025, with variability driven by contract mix and pricing and the relative contribution from Novera QPU sales.”
- ▲Revenue Growth and On-Premises Demand
- Q2 revenue rose to $5.1 million from $1.8 million in the same period last year.
- Demand for on-premises systems remains strong, driven by Novera QPU sales to research institutions.
- ▲Strategic U.S. Government Funding
- Signed a letter of intent with the U.S. Department of Commerce for up to $100 million in funding.
- The funding will accelerate R&D for superconducting quantum computing over the next three years.
- ▲Technology Roadmap and Partnerships
- Expanded collaboration with HPE and the Pittsburgh Supercomputing Center for hybrid quantum systems.
- Continuing infrastructure investments to support the path toward 1,000-qubit systems.
- ▼Persistent Operating Losses and Rising Costs
- Operating loss widened to $28.1 million from $19.9 million in the prior year period.
- Operating expenses increased to $30.3 million from $20.4 million due to higher R&D and facility investments.
- ▼Technical Constraints and Performance Hurdles
- Coherence time remains limited at 25-30 microseconds, acting as a primary constraint on fidelity.
- Two-qubit gate fidelity for the 108-qubit system is at 99.1%, requiring further process improvements to reach the 99.9% target.
- ▼Cash Burn and Elevated Capital Expenditures
- Cash and investments decreased to $541.3 million from $569 million in the previous quarter.
- Capital expenditures are expected to remain elevated in 2026 due to ongoing investments in refrigeration and fab equipment.
Rigetti Computing Inc. (RGTI) rose the day after earnings in 4 of its last 12 reports (33%), moving ±7.2% on average. It has fallen despite beating the consensus estimate 2 times.
Watch tech milestones and orders, not earnings.
How this stock reacts to earnings
Traits seen across its recent earnings reactions
Earnings number vs guidance: which drives it?
How often the beat/miss matched the actual price move
watches Milestones · orders
- Jun 2026 report+8.5%
- Mar 2026 report-7.0%
- Dec 2025 report-4.5%
- Sep 2025 report-5.1%
- Jun 2025 report+6.4%
- Mar 2025 report-14.6%
Earnings timeline · bars = next-day move, ▲▼ = beat/miss
Earnings trend · last 12 quarters
Earnings history and price reaction
| Quarter ended | Reported (ET) | vs market expectation (consensus) | Earnings day | After 5 days |
|---|---|---|---|---|
| 6/2026 | 2026-08-06 | — | +8.5% | +12.6% |
| 3/2026 | 2026-05-11 | — | -7.0% | -19.0% |
| 12/2025 | 2026-03-04 | — | -4.5% | -4.6% |
| 9/2025 | 2025-11-10 | — | -5.1% | -25.4% |
| 6/2025 | 2025-08-12 | — | +6.4% | -6.4% |
| 3/2025 | 2025-05-12 | — | -14.6% | +4.3% |
12 reports, quarters ending 9/2023 to 6/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.
Frequently asked questions
When is the next Rigetti Computing Inc. earnings date?
The next Rigetti Computing Inc. (RGTI) earnings report is expected Tue, November 10 around 4:00 PM ET, after the close. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.
What is the consensus EPS forecast for Rigetti Computing Inc.'s next earnings?
Analysts expect EPS of about $-0.05 for Rigetti Computing Inc. (RGTI). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.
Does Rigetti Computing Inc. (RGTI) stock usually go up after earnings?
Over the last 12 earnings reports, the stock rose on 4 of them (33%). The average move on earnings day was ±7.2%.
Does Rigetti Computing Inc. react more to the earnings numbers or to guidance?
In 4 of the last 8 reports (50%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.
Can Rigetti Computing Inc. stock fall even when earnings are good?
Yes. In 4 of the last 12 reports, Rigetti Computing Inc. fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.
Does Rigetti Computing Inc. stock keep moving after the earnings day?
Over the last 12 reports, the move continued in the same direction for the following five trading days 58% of the time. This tendency is known as post-earnings announcement drift.