Rigetti Reports Q4 & FY25 Results, Secures $8.4M India Order, Advances Quantum Fidelity
RGTI has more than doubled off its 52-week low of $6.86.
Summary
Rigetti Computing announced its Q4 2025 revenues of $1.9 million and a GAAP net loss of $18.2 million, with full-year 2025 revenues reaching $7.1 million and a GAAP net loss of $216.2 million. The company reported a strong cash position of $589.8 million as of year-end. Significantly, Rigetti secured an approximately $8.4 million purchase order from India's C-DAC for a 108-qubit on-premises quantum system, expected to deploy in H2 2026, and is advancing delivery of previously announced Novera systems totaling $5.7 million, plus a new QPU order for Japan. These new orders provide material revenue visibility for a company with current annual revenues of $7.1 million. The company also highlighted achieving 99.9% two-qubit gate fidelity on a prototype platform, underscoring continued technological progress. Investors will be watching the execution of these new orders and further advancements in quantum computing technology.
At the time of this announcement, RGTI was trading at $17.10 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.9B. The 52-week trading range was $6.86 to $58.15. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.