Rigetti Q3 revenue $2.4M, net loss $14.8M; details 100+ qubit system by end of 2025

Rigetti Computing, Inc.

2024-Q3 EPS reported -$0.28 revenue$8,516,000

Q3 2024 revenue $2.4M, operating loss $17.3M, net loss $14.8M; cash and equivalents $92.6M.
Plans 36-qubit system mid-2025 (four 9-qubit chips tiled, 99.5% 2-qubit fidelity) and >100-qubit system by end-2025.
Ankaa-3 84-qubit system on track for end-2024 with goal of 99+% median 2-qubit gate fidelity.
Introduced ABAA chip fabrication technique for precise qubit frequency targeting; used for Novera QPU and Ankaa-3.
NQCC facility opened with Rigetti's 24-qubit Ankaa-class system for research and benchmarking.

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