Rigetti Computing valued at $6B, reports $13M in revenue

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Rigetti Computing carries a market capitalization of approximately $5.89 billion against trailing twelve-month revenue of $13.35 million, representing a valuation-to-revenue ratio of 441 times. The company reported $5.14 million in Q2 2026 revenue, a 185% year-over-year increase driven by sales of its Novera quantum processing units and related cloud services. Rigetti holds $541.3 million in cash and carries zero financial debt. In May 2026, the U.S. Department of Commerce outlined potential funding of up to $100 million under the CHIPS Act, including an equity stake for the government. Rigetti also announced plans to invest up to $100 million in the United Kingdom to deploy a quantum system exceeding 1,000 qubits.

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