Q2 FY2026 EarningsQ2 FY2026 results were in-line on revenue ($5.14M vs. $5.13M expected) but showed a significant miss on EPS GAAP (-$0.16 vs. -$0.06 expected) due to non-cash warrant liability adjustments. Excluding these fair value changes, the operational core remained stable with 185% YoY revenue growth driven by Novera™ system sales. While the gross margin of 42.6% exceeded the 33.6% consensus, heavy R&D investment and a $29.6M non-cash loss from derivative warrants led to a deeper net loss than anticipated.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Rigetti Computing(RGTI) the Revenue is 5.138 M (+185.3%), Beat estimate;the EBIT is -21.04 M (-28.87%), Miss estimate;the EPS is -0.16 (-23.08%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.01B185.29%
0.01B184.76%
+0.00B0.53%
EBITMiss expectations
-0.02B28.87%
-0.02B23.24%
-0.00B5.63%
EPSMiss expectations
-0.1623.08%
-0.062551.92%
-0.097575.00%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf