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Quantum Computing Firms Face Losses Despite New Innovations

8/20/2025

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Story summary
  • Quantum Computing Inc. (QUBT) reported a Q2 2025 net loss of 26 cents per share, with revenues of $0.06 million, missing estimates by 39%. The company received significant orders, including a Quantum Photonic Vibrometer for Delft University.
  • Rigetti Computing (RGTI) experienced a 7% stock decline after reporting a $39.7 million net loss and $1.8 million in revenue. It launched the Cepheus-1-36Q quantum system, achieving 99% two-qubit gate fidelity, with analysts maintaining a Strong Buy rating and an average price target of $18.71.