Rigetti Computing, Inc. (RGTI) Q2 2026 Earnings Call Transcript

Rigetti Computing, Inc. (RGTI) Q2 2026 Earnings Call August 6, 2026 5:00 PM EDT Company Participants Subodh Kulkarni - CEO, President & Director Jeffrey Bertelsen - Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners, Research Division Sreekrishnan Sankarnarayanan - TD Cowen, Research Division Troy Jensen - Cantor Fitzgerald & Co., Research Division John McPeake - Rosenblatt Securities Inc., Research Division Shadi Mitwalli - Needham & Company, LLC, Research Division Tyler Perry Anderson - Craig-Hallum Capital Group LLC, Research Division Gary Mobley Nehal Chokshi - Northland Capital Markets, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the Rigetti Computing Second Quarter 2026 Financial Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Subodh Kulkarni, CEO of Rigetti. Please go ahead. Subodh Kulkarni CEO, President & Director Good afternoon, and thank you for joining us for Rigetti's Second Quarter 2026 Earnings Conference Call. I'm pleased to be joined today by our Chief Financial Officer, Jeffrey Bertelsen who will walk you through our financial results in more detail following my overview. We appreciate your continued interest in Rigetti and look forward to answering your questions at the conclusion of our prepared remarks. Before we begin, I would like to remind everyone that today's call, along with our second quarter 2026 press release, contains forward-looking statements. These statements reflect our current expectations, objectives and underlying assumptions regarding our outlook and future operating results and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. These risks and uncertainties are described in more detail in our filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2025, our Form 10-Q filing for the quarter ended June 30, 2026, and other