Rigetti Computing Reports Q2 2026 Financial Results: Revenue Up 185% YoY, $100M CHIPS Act LOI, and HPE Supercomputing Partnership - Quantum Computing Report

Rigetti Computing, Inc. (Nasdaq: RGTI) has reported its financial results for the second quarter ended June 30, 2026. The Berkeley-based superconducting quantum developer highlighted sequential and year-over-year revenue expansion, a potential $100 million U.S. government funding award under the CHIPS Act, and expanding hybrid high-performance computing (HPC) deployments. The table below summarizes key GAAP financial metrics for Q2 2026 compared with the prior quarter (Q1 2026) and the year-ago quarter (Q2 2025). Amounts in $M Q2’2026 Q1’2026 Q2’2025 % vs Q1’2026 % vs Q2’2025 Revenue $5.14 $4.40 $1.80 +16.8% +185.3% Operating Expenses $30.25 $27.33 $20.45 +10.7% +47.9% Operating Loss ($28.06) ($25.95) [...]

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