Rigetti Computing Inc (MEX:RGTI)
MXN 288 -11.15 (-3.73%) Market Cap: 96.32 Bil Enterprise Value: 89.11 Bil PE Ratio: 0 PB Ratio: 9.42 GF Score: 45/100

Q4 2025 Rigetti Computing Inc Earnings Call Transcript

Mar 4, 2026 / 10:00 PM GMT
Release Date Price: MXN312.6 (+3.51%)

Key Points

Positve
  • Rigetti Computing Inc (RGTI) achieved a 2 qubit gate fidelity as high as 99.9% at 28 nanosecond gate speed, showcasing significant technical progress.
  • The company successfully deployed multiple systems to the cloud, including an 84 qubit monolithic chip system and a 36 qubit chiplet-based system.
  • Rigetti Computing Inc (RGTI) operates Fab One, the industry's first dedicated and integrated quantum device manufacturing facility, providing a competitive advantage.
  • The company secured an $8.4 million order from India's Center for Development of Advanced Computing for a 108 qubit on-premises quantum computer.
  • Rigetti Computing Inc (RGTI) has a strong cash position with approximately $590 million, providing flexibility to execute its roadmap.
Negative
  • Revenue for the fourth quarter of 2025 was $1.9 million, a decrease from $2.3 million in the fourth quarter of 2024.
  • Gross margins for the fourth quarter were 35%, down from 44% in the same period last year, primarily due to contract mix.
  • Total operating expenses increased to $23.2 million in Q4 2025 from $19.5 million in Q4 2024, driven by R&D spending.
  • The company reported an operating loss of $22.6 million for the fourth quarter, compared to $18.5 million in Q4 2024.
  • Rigetti Computing Inc (RGTI) faces challenges in achieving quantum advantage, which is projected to be roughly 3 years away.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RGTI.OQ - Rigetti Computing Inc
Q4 2025 Rigetti Computing Inc Earnings Call
Mar 04, 2026 / 10:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good day and thank you for standing by. Welcome to the Reggeti Computing 4th quarter and full year 2025 financial results conference call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. After the speaker's presentation, there will be a question-and-answer session. To ask a question, please press 11 on your telephone and wait for your name to be announced. To withdraw your question, please press 11 again. I would now like to hand the conference over to your speaker today, CEO Dr. Sibod Kulkarni.

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Unidentified_2 [2]
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