{
  "id": 17756062,
  "title": "D-Wave Quantum vs. Rigetti Computing: Which Quantum Computing Stock Is a Better Buy for 2027?",
  "url": "https://urgent.news/2026/11/02/d-wave-quantum-vs-rigetti-computing-which-quantum-computing-stock-is",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T06:17:20.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/better-buy/2026/11/02/d-wave-quantum-vs-rigetti-computing-which-quantum-computing-stock-is-a-better-buy-for-2027/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "In the race to quantum supremacy, two companies are vying for attention: D-Wave Quantum and Rigetti Computing. Both face high risks due to their exposure to the nascent quantum computing market, but they target different areas within the sector. D-Wave Quantum specializes in commercial annealing systems for optimization tasks, while Rigetti Computing focuses on superconducting systems.\n\nD-Wave Quantum has secured a diverse list of customers, including Mastercard, BASF, and Unisys. The company's latest annual report for its 2025 fiscal year shows a significant revenue increase of 178.5%, reaching $24.6 million. However, the company still reports a substantial net loss of $355.1 million. D-Wave's current ratio stands at 42.4x, and its debt-to-equity ratio is 0.1x, indicating a relatively low level of debt. Nonetheless, the company reported a negative free cash flow of $75.8 million.\n\nOn the other hand, Rigetti Computing operates a full-stack quantum-classical platform and heavily relies on government contracts, which accounted for over 90% of its revenue in 2025. The company's 2025 revenue reached $7.1 million, a decrease of 34.3% from the previous year. Rigetti's current ratio is 37.4x, and its debt-to-equity ratio is near zero, meaning the company carries almost no debt relative to its shareholder equity. However, free cash flow remains negative at $77.2 million, reflecting the heavy capital requirements for its proprietary facility.\n\nWhile both companies face competition from established tech giants and volatility in the market, D-Wave Quantum's dual technology approach and growing customer orders could potentially give it an edge in capturing a larger market share. Therefore, based on the information provided, I would invest in D-Wave Quantum over Rigetti Computing for better long-term growth potential in 2027.",
  "summary": "D-Wave grew revenue 178% in 2025 while Rigetti's fell 34%, yet both burn cash at similar rates, a stark contrast that reshapes the investment calculus.",
  "key_points": [
    "D-Wave Quantum reports 178.5% revenue increase to $24.6 million in 2025",
    "Rigetti Computing revenue drops 34.3% to $7.1 million in 2025",
    "D-Wave has diverse commercial customers, Rigetti relies on government contracts"
  ],
  "editors_take": "The divergence between D-Wave’s commercial customer growth and Rigetti’s heavy reliance on government contracts highlights the differing risk profiles within the volatile and nascent quantum computing market.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "D-Wave Quantum vs. Rigetti Computing: Which Quantum Computing Stock Is a Better Buy for 2027?",
        "url": "https://urgent.news/2026/11/02/d-wave-quantum-vs-rigetti-computing-which-quantum-computing-stock-is-17764323",
        "published": "2026-11-02T06:37:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}