{
  "id": 19413521,
  "title": "Earnings call transcript: Rigetti Computing misses Q3 2026 revenue forecast",
  "url": "https://urgent.news/2026/11/10/earnings-call-transcript-rigetti-computing-misses-q3-2026-revenue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T23:20:26.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-rigetti-computing-misses-q3-2026-revenue-forecast-93CH-5017308"
  },
  "original_language": "en",
  "account": "Rigetti Computing announced a wider-than-expected loss and a significant revenue shortfall in the third quarter of 2026 on an earnings call. The company reported an adjusted loss of $0.06 per share, higher than the expected $0.05, and revenue of $1.41 million, much lower than the forecasted $3.67 million. Despite the disappointing numbers, Rigetti highlighted strong year-to-date growth, improved margins, and a major technology milestone. The company's 108-qubit system achieved a 99.5% median two-qubit gate fidelity, a crucial technical achievement. Revenue for the first nine months of 2026 reached $10.9 million, up 110% year-over-year, indicating expanding commercial activity, although individual quarters remain volatile. The company's cash position at $497.1 million and no debt underscores a robust financial foundation. Despite the solid balance sheet, analysts do not anticipate profitability this year, and the stock has experienced significant volatility, dropping 36% over the past six months and 63% over the past year.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}