Rigetti Computing, Inc. (RGTI)
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-11-05
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-11-05
QuarterlyIQ Insights · RGTI
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within information technology on a research-validated quality screen. As of 2026-11-05.
The screen ranks RGTI against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated weak grew net income 47% of the time over the next year (vs 59% for the rest of the cohort, n=6380).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Berkeley, CA, September 8, 2026 -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that its wholly owned subs…
Stated in 1 of 2 supplied quarters. Management reported: “Strategic U.S. Government Letter of Intent In May 2026, Rigetti announced that it signed a letter of intent with the U.S. Department of Commerce for an award of up to $100 million in funding over three years to accelerate superconducting quantum computing R&D.” “Berkeley, CA, September 8, 2026 -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that its wholly owned subsidiary, Rigetti & Co, LLC, has signed a definitive agreement with the U.S. Department of Commerce (the “Department”) for an award of $100 million in funding to accelerate superconducting quantum computing R&D.”
“Strategic U.S. Government Letter of Intent In May 2026, Rigetti announced that it signed a letter of intent with the U.S. Department of Commerce for an award of up to $100 million in funding over thr…”
Roadmap Toward Higher-Qubit Systems Rigetti continues to target a path toward systems with approximately 1,000 qubits, approximately 99.9% two-qubit gate fidelity, and gate speeds below 50 nanoseco…
Stated in 2 of 2 supplied quarters. Management reported: “ Roadmap Toward Higher-Qubit Systems Rigetti continues to target a path toward systems with approximately 1,000 qubits, approximately 99.9% two-qubit gate fidelity, and gate speeds below 50 nanoseconds over roughly a three-year time horizon.” “Technology Milestones Progress on Fidelity, Coherence, and Speed Rigetti continued to make progress against the technology milestones that management has identified as most important on the path to quantum advantage, including qubit count, two-qubit gate fidelity, coherence time, and gate speed.”
Advancing On-Premises Quantum Computing Systems Rigetti is fulfilling recently announced on-premises systems, including Novera-based systems and the Company’s 108-qubit system program for C-DAC in In…
Stated in 2 of 2 supplied quarters. Management reported: “Advancing On-Premises Quantum Computing Systems Rigetti is fulfilling recently announced on-premises systems, including Novera-based systems and the Company’s 108-qubit system program for C-DAC in India.” “The Company also continues to see demand from universities, national laboratories, and research organizations for on-premises quantum computing systems that support direct hardware access, experimentation, and ecosystem development.” Revenue was $5.138 million in 2026-Q2.
International Expansion and UK Initiative Rigetti continues to advance its previously announced plan to invest up to $100 million in the United Kingdom over the next several years to accelerate qua…
Stated in 2 of 2 supplied quarters. Management reported: “ International Expansion and UK Initiative Rigetti continues to advance its previously announced plan to invest up to $100 million in the United Kingdom over the next several years to accelerate quantum computing development.” “ International Expansion and UK Investment Initiative Rigetti announced its intention to invest up to $100 million in the United Kingdom to accelerate quantum computing development.”
Rigetti is establishing a dedicated Systems Delivery organization and creating the role of Chief Operating Officer to lead manufacturing operations, systems delivery, commercial functions, and custom…
Stated in a supplied disclosure. Management reported: “Rigetti is establishing a dedicated Systems Delivery organization and creating the role of Chief Operating Officer to lead manufacturing operations, systems delivery, commercial functions, and customer-facing engineering.” ““This structure gives our commercial and operational teams clear, end-to-end accountability for scaling system delivery, while giving our technology organization even greater focus on quantum processor innovation and performance.”
Over the trailing year it converted -1.31x of net income into operating cash flow. Historically, Information Technology names rated fragile grew net income 43% of the time over the next year (vs 59% for the rest of the cohort, n=3136).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, real (inflation-adjusted) rates, long-term interest rates (low R² over the window).
20 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated volatile grew net income 52% of the time over the next year (vs 57% for the rest of the cohort, n=6008).
Not investment advice. As of 2026-11-05.
“ Roadmap Toward Higher-Qubit Systems Rigetti continues to target a path toward systems with approximately 1,000 qubits, approximately 99.9% two-qubit gate fidelity, and gate speeds below 50 nanoseco…”
“While fault-tolerant quantum computing remains a longer-term objective, the Company believes sustained progress in fidelity, speed, and scale is essential to enabling practical quantum advantage.”
“Advancing On-Premises Quantum Computing Systems Rigetti is fulfilling recently announced on-premises systems, including Novera-based systems and the Company’s 108-qubit system program for C-DAC in In…”
“Exhibit 99.1 Rigetti Computing Reports First Quarter 2026 Financial Results Continued execution driven by 108-qubit system availability, customer deployments, and international expansion BERKELEY,…”
“ International Expansion and UK Initiative Rigetti continues to advance its previously announced plan to invest up to $100 million in the United Kingdom over the next several years to accelerate qua…”
“ International Expansion and UK Investment Initiative Rigetti announced its intention to invest up to $100 million in the United Kingdom to accelerate quantum computing development.”