The Motley Fool
06 Oct 2026, 06:09 UTC · 1h ago
Impact · against what's priced in
The article provides no new catalysts for Rigetti or D-Wave, as the reported operating losses and government funding are already factored into valuations. D-Wave's backlog growth and Rigetti's lower burn rate are known variables that do not shift the existing risk-reward profile.
No priced-in read yet
What the story claims
3 claims · scored −1 bearish … +1 bullish · 0 new · 3 priced in
D-Wave Quantum's first-half backlog surged 1,120% year over year to $35.5 million.
Priced inanalysis of Q2 results reported earlier
So whatSince not all revenue is realized within 12 months, this creates a long-term revenue floor but delays immediate EPS improvement.
More positive than 93% of claims this week
D-Wave Quantum reported a $53.3 million operating loss in the second quarter, while Rigetti Computing reported a $28.1 million operating loss.
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The company faces significant cash burn with a $28.1 million operating loss in Q2, though it maintains a lower burn rate than its primary competitor.
Read from the article alone
Scored by the NIS engine · methodology.
Priced inanalysis of Q2 results reported earlier
So whatD-Wave's quarterly burn is roughly 1.9x higher than Rigetti's, increasing the risk of dilution if government funding is exhausted.
More negative than 86% of claims this week
The U.S. government invested up to $100 million each in Rigetti Computing and D-Wave Quantum via the 2022 CHIPS and Science Act.
Priced inreference to 2022 CHIPS Act
So whatThis capital provides a non-dilutive runway that offsets the high operational losses reported in Q2.
More positive than 65% of claims this week
Which stocks this story touches
More negative than 64% of ticker scores this week
The company is burning cash with significant operating losses, though it has more revenue than its competitor.
More negative than 61% of ticker scores this week
Despite heavy operating losses and cash burn, the company showed impressive year-over-year backlog growth.
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Globe News Wire
37m ago
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RGTI hasn't traded since this ran. Last close $15.15 (Oct 5); the reaction starts at the next open.
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