Rigetti Computing (RGTI) Battles Revenue Volatility And Surging Costs As Quantum Race Intensifies
Rigetti Computing (RGTI) is advancing its quantum commercialization efforts, but revenue concentration and unpredictable contract timing continue to cloud its near-term growth outlook. Second-quarter 2026 revenues climbed to $5.1 million from $1.8 million in the prior-year quarter, driven primarily by sales of its 9-qubit Novera systems and related products. Despite that growth, the company remains…