Rigetti vs. IonQ: Diverging Revenue, Shared Uncertainty

Anders Bylund, The Motley Fool

Mon, May 11, 2026 astatine 11:58 AM CDT 3 min read

Rigetti Computing: Navigating a Revenue Plateau

Rigetti Computing (NASDAQ:RGTI) chiefly generates gross by gathering integrated quantum computers and the superconducting quantum processors that powerfulness them for unreality environments.

While reporting nary large adverse events during the period, it announced the merchantability of a quantum processing portion to a assemblage and reported a antagonistic nett income borderline of astir 975% for the Q4 2025 4th ended Dec. 31, 2025.

IonQ: Scaling Revenue Amid Scrutiny

IonQ (NYSE:IONQ) chiefly earns gross by processing general-purpose quantum computing systems and selling entree to these machines done its ain work and third-party unreality platforms.

While facing aggregate ineligible investigations pursuing a short-seller report, it announced a merger statement for a exertion acquisition and reported an astir 1,245% nett income borderline for the Q1 2026 4th ended March 31, 2026.

Why Revenue Matters for Retail Investors

Revenue present refers to the information provider's standardized income connection gross enactment item, and it provides retail investors with a important baseline measurement of the full wealth a concern brings successful from its superior operations earlier immoderate expenses are deducted.

Image source: The Motley Fool.

Quarterly Revenue for Rigetti Computing and IonQ

Data source: Company filings. Data arsenic of May 10, 2026.

Foolish Take

IonQ's gross trajectory looks awesome connected paper. The institution went from $11.4 cardinal successful Q2 2024 to $64.7 cardinal successful Q1 2026. Rigetti, meanwhile, drifted successful the other direction. If this were a race, 1 runner is sprinting portion the different appears to beryllium looking for the concession stand.

Still, neither institution is adjacent to profitability. Both stocks stay heavy shorted and prone to crisp swings. Many analysts person issued bullish ratings connected Rigetti and IonQ, but I’d telephone that speculative successful this aboriginal era. It’s conscionable excessively hard to prime semipermanent winners successful the quantum computing manufacture successful 2026.