Rigetti (RGTI) Stock; Earnings Loom as Investors Focus on Revenue Growth and $569M Cash Cushion
TLDRs;
- Investors are watching whether Rigetti can grow revenue while supporting its $5 billion market valuation.
- Rigetti reported $569 million in cash and investments with no outstanding debt entering earnings week.
- Recurring access revenue remained extremely small in the previous quarter, raising questions about long-term adoption.
- Product sales, cash burn, and new quantum contracts are expected to drive Thursday’s earnings reaction.
Rigetti Computing (NASDAQ: RGTI) enters one of its most closely watched earnings weeks of 2026 as investors shift attention from quantum computing excitement to the company’s ability to generate meaningful revenue. The stock ended Friday at $14.95, up 5.7% for the week, but analysts say Thursday’s second-quarter report will likely be judged less on the headline numbers and more on the quality and sustainability of sales.
The company is expected to release earnings after the market closes on Thursday, with early forecasts pointing to revenue between $5.1 million and $5.3 million and a loss of roughly $0.03 to $0.06 per share. Even if Rigetti reaches the low end of that range, quarterly revenue would rise about 16% from the $4.4 million reported in the first quarter.
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