---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-289974"
form_type: "8-K"
ticker: "RGTI"
cik: "0001838359"
company_name: "Rigetti Computing, Inc."
filed_at: "2022-11-21T23:59:59+00:00"
generated_at: "2026-06-21T15:15:13.853645+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Rigetti Q3 revenue $2.8M, net loss $18.8M; expects restatement of Q1/Q2 2022

## Summary
- Revenue $2.8M (flat vs $2.9M YoY); gross profit $2.0M vs $2.5M.
- GAAP net loss $18.8M ($0.16/share) vs $9.8M ($0.43) YoY; adjusted EBITDA loss $14.8M vs $7.4M.
- Cash and investments $161.0M as of Sept. 30, 2022.
- Company expects restatement of Q1 and Q2 2022 financial statements; delayed Q3 2022 filing.
- Recent executive transition and technical roadmap updates discussed on Nov. 14 call.

## SEC filing metadata
- accession: 0001193125-22-289974
- form_type: 8-K
- ticker: RGTI
- cik: 0001838359
- company_name: Rigetti Computing, Inc.
- filed_at: 2022-11-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838359/000119312522289974/0001193125-22-289974-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838359/000119312522289974/d428815d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-289974
- JSON: https://secwatch.observer/filing/0001193125-22-289974.json
- Plain text: https://secwatch.observer/filing/0001193125-22-289974.txt

## Key facts
- Earnings Releases
  Rigetti Computing, Inc. reported the third quarter of 2022 results: revenue $2.8 million, net income $18.8 million, EPS ($0.16) per share.
  - Period: the third quarter of 2022
  - Revenue: $2.8 million
  - Net income: $18.8 million
  - EPS: ($0.16) per share
  - Result: reported results
  source text: for the first and second quarter of fiscal 2022, in addition to other business updates. Third Quarter 2022 Financial Highlights • Revenue for the third quarter of 2022 was $2.8 million, compared to $2.9 million in the prior year period. • Total gross profit for the third quarter of 2022 was $2.0 million, compared with $2.5 million in the prior year period. •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838359/000119312522289974/0001193125-22-289974-index.htm

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