Rigetti Computing (RGTI) Stock to Announce Earnings Today: Can It Improve?

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TLDR

  • Rigetti Computing is scheduled to release its Q4 FY2025 earnings following the market close on March 4, 2026.
  • Analysts project a loss of $0.03 to $0.04 per share, with revenue anticipated to be around $2.33 million, marking a roughly 2.6% year-over-year increase.
  • Remaining Performance Obligations (RPOs) are the crucial metric to monitor as an indicator of future revenue well-being.
  • RGTI stock has declined by over 21% so far this year, yet it has surged 116% over the past 52 weeks.
  • Analysts maintain a Moderate Buy consensus with an average price target of $38.75.

Rigetti Computing is poised to disclose its fourth-quarter fiscal 2025 results after the market closes on March 4, 2026.

RGTI Stock Card

Wall Street anticipates a loss of $0.03 to $0.04 per share. This would represent an improvement compared to the $0.08 loss recorded in Q4 2024.

Revenue is projected to be approximately $2.33 million, a rise of roughly 2.6% from the previous year. While this is a moderate increase, context is important — Q3 2025 saw revenue drop nearly 18% year-over-year.

The company’s net margin stands at -10,321.93%, which mirrors the situation of a pre-profit entity with significant R&D expenditure. The ROE is -43.45% and the ROA is -31.72%.

On a positive note, Rigetti Computing has very little debt. Its debt-to-equity ratio is only 0.02, which is well below the industry average.

RGTI stock was trading in the range of $16.79–$17.69 prior to the report. The stock has dropped by more than 21% so far this year, following a broader tech market sell-off linked to valuation worries.

However, over the past 52 weeks, RGTI has increased by 116%. Long-term investors are still enjoying substantial gains.

The Metric That Matters Most

For Rigetti Computing, Remaining Performance Obligations — or RPOs — are the figure that analysts and investors will focus on the most.

RPOs represent the value of contracted work that has not yet been delivered. For a company such as Rigetti, which sells access to quantum processing units (QPUs) and cloud services, this figure indicates the amount of committed revenue in the pipeline.

RPOs decreased in early 2025 but have since recovered. A strong reading today would suggest that customers are entering into longer-term agreements, not just one-time purchases.

Hardware Delays in Focus

Rigetti postponed the launch of its 108-qubit Cepheus-1-108Q system to the end of Q1 FY2026. Investors will want to know if that timeline remains on schedule.

The company had also previously committed to delivering a 100+ qubit chiplet-based quantum system with a 99.5% median two-qubit gate fidelity by the end of 2025. Whether that target was achieved or missed is likely to be discussed during today’s earnings call.

Past earnings have resulted in mixed stock reactions. In Q3 2025, Rigetti exceeded EPS estimates by $0.01, but the stock fell 5.08% the following day. In Q2 2025, a shortfall led to a 6.42% increase. The connection between beats, misses, and price movement isn’t straightforward here.

Five analysts rate RGTI as a Buy, while two rate it as a Hold. The average price target is $38.75, suggesting an upside of approximately 128% from recent levels.

Rigetti’s Q4 FY2025 earnings report is scheduled to be released after the market closes on March 4, 2026.