From Nasdaq: 2025-05-27 15:00:00

D-Wave Quantum and Rigetti Computing, key players in quantum computing, shared their Q1 2025 updates. D-Wave saw a 61% growth in commercial revenues, highlighting momentum in hybrid quantum-classical systems. Rigetti advanced to DARPA’s Quantum Benchmarking Initiative, secured a $5.48M AFOSR grant, and won UK Quantum Mission awards, focusing on research-driven projects.

D-Wave Quantum reported a significant jump in Q1 2025 revenues to $15 million, driven by its Advantage2 system sale to Julich Supercomputing Center. The company also improved gross margins and narrowed net and EBITDA losses, positioning it well for profitability with a strong cash position and no short-term debt.

Rigetti Computing’s selection for DARPA’s Quantum Benchmarking Initiative and a $5.48M AFOSR grant to advance chip fabrication highlight its progress in quantum hardware development. A $35M strategic investment by Quanta Computer boosts liquidity, strengthening Rigetti’s balance sheet and R&D capabilities for future growth opportunities.

Year-to-date, D-Wave Quantum outperformed Rigetti Computing, the industry, and the S&P 500, driven by strong commercial performance. Rigetti’s underperformance was due to a revenue decline and weaker demand for quantum solutions. Investors may find D-Wave Quantum a more attractive investment option given its growth trajectory and customer adoption.

D-Wave Quantum, a Zacks Rank #2 (Buy) stock, outshines Rigetti Computing, a Zacks Rank #4 (Sell) stock, with strong revenue growth and enterprise adoption. D-Wave’s momentum towards breakeven contrasts Rigetti’s revenue decline and flat outlook. D-Wave’s superior performance and positioning make it a more favorable investment choice in the quantum space.



Read more at Nasdaq: D-Wave or Rigetti: Which Quantum Hardware Stock Should You Choose?