--- title: Rigetti Computing Reports Second Quarter 2026 Financial... description: Rigetti Computing posted Q2 2026 revenue of $5.1 million with a $28.1 million operating loss and $541.3 million in cash and investments. Key highlights include... canonical: https://daily.dev/posts/rigetti-computing-reports-second-quarter-2026-financial-results-qt2flbjem twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Rigetti Computing Reports Second Quarter 2026 Financial Results | daily.dev og:description: Rigetti Computing posted Q2 2026 revenue of $5.1 million with a $28.1 million operating loss and $541.3 million in cash and investments. Key highlights include... og:url: https://daily.dev/posts/rigetti-computing-reports-second-quarter-2026-financial-results-qt2flbjem og:image: https://api.daily.dev/og/posts/qt2flbjEM.png og:image:alt: Rigetti Computing Reports Second Quarter 2026 Financial Results og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Rigetti Computing Reports Second Quarter 2026 Financial Results **[The Quantum Insider](https://daily.dev/sources/thequantuminsider)** · 6 min read · 0 upvotes · 0 comments ## Summary Rigetti Computing posted Q2 2026 revenue of $5.1 million with a $28.1 million operating loss and $541.3 million in cash and investments. Key highlights include an expanded collaboration with HPE and the Pittsburgh Supercomputing Center to build a hybrid quantum-classical supercomputer, a letter of intent with the U.S. Department of Commerce for up to $100 million in CHIPS Act funding, and delivery of a 9-qubit Novera system to PSC's TangleLab. On the technology side, the Cepheus-1-108Q system achieves ~99.9% median single-qubit gate fidelity and ~99.1% two-qubit gate fidelity at 60ns gate speeds. Rigetti targets ~1,000-qubit systems with ~99.9% two-qubit fidelity and sub-50ns gate speeds within roughly three years, relying on its chiplet-based modular architecture. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### What are the current gate fidelity and speed specs for Rigetti's Cepheus-1-108Q quantum processor? Rigetti's Cepheus-1-108Q operates at approximately 99.9% median single-qubit gate fidelity, approximately 99.1% median two-qubit gate fidelity, and approximately 60 nanosecond gate speeds. At smaller scales, Rigetti has demonstrated 99.8% median two-qubit gate fidelity at 9 qubits and 99.6% at 36 qubits. _Quantum hardware benchmarks like these shape which platforms teams build on — developers tracking superconducting qubit progress follow developments like this on daily.dev._ ### What is Rigetti's quantum computing roadmap target for qubit count and fidelity over the next three years? Rigetti targets systems with approximately 1,000 qubits, approximately 99.9% two-qubit gate fidelity, and gate speeds below 50 nanoseconds over roughly a three-year time horizon. The company is investing in dilution refrigeration capacity and relies on its chiplet-based, open modular architecture as the scaling framework. _Teams evaluating quantum platforms for future workloads track roadmap commitments like these on daily.dev._ ## Similar posts on daily.dev - [Rigetti Updates Timeline for Cepheus-1-108Q Quantum Processor](https://daily.dev/posts/rigetti-updates-timeline-for-cepheus-1-108q-quantum-processor-mkzc4peyb) · The Quantum Insider · 0 upvotes · 0 comments - [Rigetti Announces Order For 108-Qubit Quantum Computer From India’s Centre for Development of Advanced Computing](https://daily.dev/posts/rigetti-announces-order-for-108-qubit-quantum-computer-from-india-s-centre-for-development-of-advanc-qlbdxqbyk) · The Quantum Insider · 0 upvotes · 0 comments - [Rigetti Signs Definitive Agreement for $100M with U.S. Government for Quantum Computing R&D](https://daily.dev/posts/rigetti-signs-definitive-agreement-for-100m-with-u-s-government-for-quantum-computing-r-d-nsnwf5qxn) · The Quantum Insider · 0 upvotes · 0 comments - [Quantinuum files for $20B\+ IPO with $31M revenue as Honeywell-backed quantum computing firm targets Nasdaq listing](https://daily.dev/posts/quantinuum-files-for-20b-ipo-with-31m-revenue-as-honeywell-backed-quantum-computing-firm-targets--rinclzlhf) · The Next Web · 1 upvotes · 0 comments --- Tags: [#quantum-computing](https://daily.dev/tags/quantum-computing) [View this post on daily.dev](https://daily.dev/posts/rigetti-computing-reports-second-quarter-2026-financial-results-qt2flbjem) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Rigetti Computing Reports Second Quarter 2026 Financial Results","url":"https://daily.dev/posts/rigetti-computing-reports-second-quarter-2026-financial-results-qt2flbjem","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/rigetti-computing-reports-second-quarter-2026-financial-results-qt2flbjem"},"datePublished":"2026-08-07T13:34:32.895Z","dateModified":"2026-08-07T13:34:59.147Z","description":"Rigetti Computing posted Q2 2026 revenue of $5.1 million with a $28.1 million operating loss and $541.3 million in cash and investments. 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