Last Updated on August 14, 2025
Rigetti Computing is one of the most intriguing players in the quantum computing industry, aiming to revolutionize data processing and problem-solving capabilities. Founded by Chad Rigetti in 2013, the company has built a reputation for developing cutting-edge superconducting quantum processors. In this guide, we’ll break down Rigetti’s history, its current market position, financial performance, and future outlook — giving you a clearer view of whether it belongs in your portfolio.
The Rise of Rigetti Computing
Rigetti Computing emerged in 2013 as a challenger to tech giants like IBM and Google in the race toward practical quantum computing. Specializing in superconducting qubit technology, the company quickly made headlines by launching its own quantum cloud platform, Forest, enabling developers to run quantum algorithms online.
Key milestones include:
- 2017: Launch of Forest platform
- 2020: Release of Aspen series processors
- 2022: Public listing on NASDAQ under ticker RGTI on 03/02/2022
Rigetti’s mission is to provide scalable quantum computing solutions for industries ranging from pharmaceuticals to aerospace, making it a significant force in the broader quantum computing industry.
Market Position & Competitors
Rigetti competes in a highly specialized space, where major players include IBM Quantum, Google Quantum AI, IonQ, and D-Wave Systems. While these companies often dominate headlines, Rigetti differentiates itself through:
- Focus on hybrid quantum-classical computing
- Cloud-first approach
- Government contracts and partnerships with DARPA and NASA
Despite its smaller size, Rigetti’s agility allows it to pivot quickly in a rapidly evolving market — a strength in an industry where breakthroughs happen fast.
Financial Performance & Stock Analysis
Since going public in 2022, Rigetti’s stock (RGTI) has experienced significant volatility, reflecting both investor excitement and market caution.
Q2 2025 financial results:
- Total revenues for Q2 2025 were $1.8 million
- Total operating expenses for tQ2 2025 were $20.4 million
- Operating loss for the Q2 2025 was $19.9 million
- Net loss for the Q2 2025 was $39.7 million
- Net loss for Q2 2025 includes $22.8 million of non-cash losses for the fair value change in the derivative warrant and earn-out liabilities
- As of June 30, 2025 cash, cash equivalents and available-for-sale investments totaled $571.6 million
Analyst consensus remains mixed: some see Rigetti as a high-risk, high-reward investment, while others prefer more established quantum computing stocks like IBM. We tend to believe that it is indeed a very risky investment, but the rewards might be high as well. Quantum computing is still not an established technology, but if it proves to be scalable then early positions could be the “holy grail” for you.
Future Outlook & Investment Potential
The global quantum computing market is projected to generate between $450 billion and $850 billion in economic value by 2040, and Rigetti is positioning itself to capture a slice of that growth. Upcoming initiatives include:
- Aiming for a 100+ qubit system by the end of 2025 with 99.5% fidelity
- Focusing on achieving quantum advantage within four years
- Plans to develop a 1,000+ qubit system and implement quantum error correction in the long term
Risks include high R&D costs, technological uncertainty, and competition from larger players.
Final thoughts
Rigetti Computing represents a bold bet on the future of quantum technology. Its innovations, partnerships, and market strategy make it worth watching for tech-forward investors — but its high volatility means it’s best approached as part of a diversified portfolio.
We in Invest Education believe that investing in quantum computing now might pay up high later. Early positions in growing and still unprofitable companies and industries are risky. If however you have a long investing horizon it is worth reserving a small part of your portfolio for such stocks because you only need one or two future trillion dollar companies to achieve great success. If you are not high risk tolerant or you will need your money soon then it is a good idea to skip such investments.
You can also check out another tech company that might have a bright future here.
Disclaimer: This content is for informational and educational purposes only and does not constitute financial or investment advice. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
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