--- title: "Rigetti revenue surges as 108-qubit system debuts" type: "News" locale: "en" url: "https://longbridge.com/en/news/286106237.md" description: "Rigetti's Q1 2026 revenue surged to $4.4M from $1.5M, surpassing estimates, driven by Novera QPU deliveries and government contracts. The company launched its 108-qubit Cepheus-1-108Q system on multiple platforms, marking a significant milestone. Management aims for quantum advantage in three years with approximately 1,000 qubits, 99.9% fidelity, and error mitigation, supported by strong cash reserves." datetime: "2026-05-12T13:09:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286106237.md) - [en](https://longbridge.com/en/news/286106237.md) - [zh-HK](https://longbridge.com/zh-HK/news/286106237.md) --- # Rigetti revenue surges as 108-qubit system debuts Revenue soars: Rigetti's Q1 2026 revenue rose to $4.4M from $1.5M, beating estimates, with growth driven by Novera QPU deliveries and government contracts. Major product debut: The 108-qubit Cepheus-1-108Q system launched on Rigetti QCS, Amazon Braket, Microsoft Azure Quantum, and qBraid, marking a key milestone. Roadmap to advantage: Management targets quantum advantage in three years with ~1,000 qubits, 99.9% fidelity, and error mitigation, backed by strong cash reserves. ### Related Stocks - [RGTI.US](https://longbridge.com/en/quote/RGTI.US.md) - [RGTIW.US](https://longbridge.com/en/quote/RGTIW.US.md) ## Related News & Research - [What's Going On With Rigetti Computing On Tuesday?](https://longbridge.com/en/news/286119324.md) - [How the 3 Leading Quantum Firms Stack Up After Q1 Earnings](https://longbridge.com/en/news/286449721.md) - [2 Reasons Quantum Cyber Has More Than Doubled Today](https://longbridge.com/en/news/286465368.md) - [Quantum Stocks Have Been Mostly Hype. IonQ May Be the Real Deal.](https://longbridge.com/en/news/286107235.md) - [Infleqtion to Present at Canaccord Genuity Virtual Quantum Symposium | INFQ Stock News](https://longbridge.com/en/news/286157471.md)