---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-007372"
form_type: "8-K"
ticker: "RGTI"
cik: "0001838359"
company_name: "Rigetti Computing, Inc."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T00:24:05.063717+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rigetti Q1 net income $42.6M on non-cash gains; revenue $1.5M, operating loss $21.6M

## Summary
- Total revenue $1.5M; operating loss $21.6M; net income $42.6M includes $62.1M non-cash derivative gain.
- Cash & investments $209.1M at Mar 31; $237.7M after Quanta Computer $35M share purchase at ~$11.59/share.
- Selected for DARPA Quantum Benchmarking Stage A (up to $1M); awarded $5.48M AFOSR chip-tech consortium.
- Awarded £3.5M Innovate UK awards to advance quantum error correction with Riverlane and NQCC.
- Published optical qubit control paper in Nature Physics; demonstrated quantum preconditioning advantage on Ankaa-3.

## SEC filing metadata
- accession: 0001558370-25-007372
- form_type: 8-K
- ticker: RGTI
- cik: 0001838359
- company_name: Rigetti Computing, Inc.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838359/000155837025007372/0001558370-25-007372-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838359/000155837025007372/rgti-20250512x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-007372
- JSON: https://secwatch.observer/filing/0001558370-25-007372.json
- Plain text: https://secwatch.observer/filing/0001558370-25-007372.txt

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