Rigetti Computing reported second quarter 2026 financial results with total revenues of $5.1 million for the three months ended June 30, 2026, compared to $1.8 million in the prior year period. The company posted an operating loss of $28.1 million and a GAAP net loss of $52.6 million, or $0.16 per diluted share. Cash, cash equivalents, and available-for-sale investments totaled $541.3 million as of June 30, 2026. The company highlighted strategic developments including an expanded collaboration with Hewlett Packard Enterprise to develop a hybrid quantum-classical supercomputer and a letter of intent with the U.S. Department of Commerce for up to $100 million in potential funding under the CHIPS Act. Rigetti is a pioneer in full-stack quantum computing, designing and manufacturing systems based on superconducting qubits.