---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-089773"
form_type: "8-K"
ticker: "RGTI"
cik: "0001838359"
company_name: "Rigetti Computing, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T19:06:55.931639+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rigetti Q2 revenue $3.3M, net loss $17.0M; completes first QPU sale to national lab

## Summary
- Total revenue $3.3M, operating loss $16.2M, net loss $17.0M for Q2 2023.
- Cash equivalents and securities $105.5M; expects year-end cash of $65-75M.
- Completed first QPU sale: 9-qubit system delivered to a national lab.
- Signed collaboration with ADIA Lab for quantum ML solution on probability distribution classification.
- On track for Ankaa-2 84-qubit system in Q4 2023; targeting 98% 2-qubit fidelity.

## SEC filing metadata
- accession: 0001104659-23-089773
- form_type: 8-K
- ticker: RGTI
- cik: 0001838359
- company_name: Rigetti Computing, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838359/000110465923089773/0001104659-23-089773-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838359/000110465923089773/tm2322806d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-089773
- JSON: https://secwatch.observer/filing/0001104659-23-089773.json
- Plain text: https://secwatch.observer/filing/0001104659-23-089773.txt

## Key facts
- Earnings Releases
  Rigetti Computing, Inc. reported the second quarter ended June 30, 2023 results: revenue $3.3 million, net income $17.0 million.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $3.3 million
  - Net income: $17.0 million
  - Result: reported results
  source text: its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights ● Total revenues for the three months ended June 30, 2023 were $3.3 million ● Total operating expenses for the three months ended June 30, 2023 were $19.0 million ● Operating loss for the three months ended June 30, 2023 was $16.2 million ● Net loss
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838359/000110465923089773/0001104659-23-089773-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.