secwatch.observer — SEC 8-K summary
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Issuer:     Rigetti Computing, Inc. (RGTI)
CIK:        0001838359
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0001558370-25-011219
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rigetti reports Q2 revenue $1.8M, net loss $39.7M; announces GA of Cepheus-1-36Q multi-chip system
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- Q2 2025: total revenue $1.8M, operating loss $19.9M, net loss $39.7M (incl. $22.8M non-cash loss on derivatives).
- Cash, cash equivalents & investments $571.6M as of June 30, 2025, no debt; $350M equity completed in Q2.
- General availability of 36-qubit multi-chip quantum computer Cepheus-1-36Q with 99.5% median two-qubit gate fidelity.
- Technology planned: 100+ qubit chiplet-based system at 99.5% fidelity targeted by end of 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/0001558370-25-011219-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838359/000155837025011219/rgti-20250812x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-011219

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer