Rigetti Computing, Inc. (RGTI)

Rigetti Computing's adjusted EPS of -$0.05 versus the -$0.05 estimate, about -9%, and revenue of about $5.1 million versus about $5.1 million consensus, about +1%, marked the second fiscal quarter of 2026 reported Aug. 6. Revenue rose about 185% year over year to about $5.1 million from $1.8 million a year earlier, led by the largest Revenue Recognition line at about $5.1 million, up about 185%, while two smaller Revenue Recognition lines fell about 42% to $1.0 million and about 44% to roughly $952,000. Gross profit came to about $2.2 million, with gross margin near 43%, but operating income was a loss of about $28.1 million and operating margin about -546%. Net income was a loss of about $52.6 million, versus a loss of $39.7 million a year earlier, and operating cash flow was negative $32.0 million.