<span item_type="fundamental" item_id="4a5acf3f6fce7ad185ed10ebe618172c" counter_id="ST/US/RGTIW" env="prod"></span><span item_type="announcement" item_id="548717221297134849" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 1.801 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD -0.13.</p><p></p><h3>Segment Revenue</h3><ul><li>Total revenues for the three months ended June 30, 2025 were $1.8 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Total operating expenses for the three months ended June 30, 2025 were $20.4 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li><li>Operating loss for the three months ended June 30, 2025 was $19.9 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li><li>Net loss for the three months ended June 30, 2025 was $39.7 million, which includes $22.8 million of non-cash losses for the fair value change in the derivative warrant and earn-out liabilities.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>As of June 30, 2025, cash, cash equivalents, and available-for-sale investments totaled $571.6 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li><li>Net cash used in operating activities for the six months ended June 30, 2025 was - $29.8 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li><li>Net cash used in investing activities for the six months ended June 30, 2025 was - $369.7 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li><li>Net cash provided by financing activities for the six months ended June 30, 2025 was $389.1 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Rigetti completed the sales of $350 million gross proceeds of its common stock during the second quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Rigetti expects to release its 100+ qubit chiplet-based system at 99.5% median two-qubit gate fidelity before the end of 2025. The company intends to use the proceeds from the equity offering primarily for working capital, capital expenditures, and other general corporate purposes, with the possibility of entering into strategic collaborations, acquisitions, or partnerships. Rigetti is confident in hitting its end-of-year technology goals, leveraging its strong financial position and proprietary chiplet approach to scaling.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812xex99d1.htm"></span></li></ul>

Rigetti Computing - CW27 | 8-K: FY2025 Q2 Revenue: USD 1.801 M