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D-Wave Quantum Inc.

corporate_fare Company Profile

D-Wave Quantum Inc.

QBTS·NYSE·Technology·CIK 0001907982

D-Wave Quantum Inc. helps customers use quantum computing to solve complex computational problems that classical computing alone cannot address. As a pioneer in the quantum industry for over 25 years, D-Wave was the first company to provide commercial-grade annealing quantum computing systems and solutions. It is also the only dual-platform quantum computing company, offering both annealing and gate-model systems, software, and services to address a full range of computational problems. D-Wave aims to lead the industry in enterprise quantum computing, transitioning from academic exploration to enterprise-scale adoption and deployment. The company holds a first-mover advantage in annealing quantum computing, a technology chosen for its scalability. D-Wave was the first to launch commercial quantum systems, demonstrate quantum supremacy on a real-world problem, have quantum applications running in production for commercial customers, and achieve commercial customer use of its quantum computing technology with AI model training. The company provides a full stack of quantum systems, software, and services designed to solve highly complex problems.

D-Wave Quantum Inc. (NYSE:QBTS) is a publicly traded company in the Technology sector. Wiseek monitors QBTS SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • D-Wave's Quantum Advantage2 Usage Soars 314% YoY, Named IDC Market Leader
  • D-Wave Named Leader in IDC MarketScape for Quantum Computing, Validating Commercial Traction and Strategy
  • D-Wave Unveils First Error-Aware Gate-Model Quantum Simulator
  • Affiliate John M. Markovich Files Intent to Sell $5.86M in Stock
  • CEO Sells $17.97M in Stock Following Option Exercise

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$24.59M
Net Income
-$355.06M
Diluted EPS
-$1.11
Op. Cash Flow
-$71.98M
Free Cash Flow
-$75.84M
Gross Profit
$20.31M
Operating Income
-$100.37M
Cash & Equivalents
$635.35M
Total Debt
$35.83M
Debt / Equity
0.04×
Net Margin
-14.44×
Shares Outstanding
358.74M sh
Source: 10-K · filed 2026-02-26 · accession 0001907982-26-000026

Dilution Risk

Low risk

Filing-implied dilution signals for QBTS, detected from its recent SEC filings · latest filing 2026-01-20.

1 recent capital raise1 shelf registration

Significant Share Resale Registration · No Proceeds to Company

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Browse all tickers starting with Q →
$16.67 -0.06% today
52-week range · as of 2026-07-07 $12.75 – $46.75
Market cap
$6.2B
Volume
17.6M (0.7× avg)
3-mo avg 25.6M
Live data · 2026-07-18 21:25 UTC · Market closed

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feed QBTS - Latest Insights

QBTS
Jul 07, 2026, 7:03 AM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $22.45
Real-time Price: $16.67 info
Change: -$5.78 (-26%) info
Market Cap: $6.198B info
QBTS
Jul 07, 2026, 7:02 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $22.45
Real-time Price: $16.67 info
Change: -$5.78 (-26%) info
Market Cap: $6.198B info
QBTS
Jun 18, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $23.55
Real-time Price: $16.67 info
Change: -$6.88 (-29%) info
Market Cap: $6.198B info
QBTS
Jun 12, 2026, 6:33 PM EDT
Filing Type: 144
Importance Score:
7
Price at Filing: $23.49
Real-time Price: $16.67 info
Change: -$6.82 (-29%) info
Market Cap: $6.198B info
QBTS
Jun 10, 2026, 4:07 PM EDT
Filing Type: 4
Importance Score:
8
Price at Filing: $23.00
Real-time Price: $16.67 info
Change: -$6.33 (-28%) info
Market Cap: $6.198B info
QBTS
Jun 08, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $25.85
Real-time Price: $16.67 info
Change: -$9.18 (-36%) info
Market Cap: $6.198B info
QBTS
Jun 08, 2026, 3:35 PM EDT
Filing Type: 144
Importance Score:
7
Price at Filing: $25.78
Real-time Price: $16.67 info
Change: -$9.11 (-35%) info
Market Cap: $6.198B info
QBTS
Jun 01, 2026, 12:50 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $29.48
Real-time Price: $16.67 info
Change: -$12.81 (-43%) info
Market Cap: $6.198B info
QBTS
Jun 01, 2026, 7:01 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $29.57
Real-time Price: $16.67 info
Change: -$12.90 (-44%) info
Market Cap: $6.198B info
QBTS
May 26, 2026, 2:01 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $27.51
Real-time Price: $16.67 info
Change: -$10.83 (-39%) info
Market Cap: $6.198B info
QBTS
May 26, 2026, 7:01 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $29.54
Real-time Price: $16.67 info
Change: -$12.87 (-44%) info
Market Cap: $6.198B info
QBTS
May 22, 2026, 4:09 PM EDT
Filing Type: 144
Importance Score:
7
Price at Filing: $29.61
Real-time Price: $16.67 info
Change: -$12.94 (-44%) info
Market Cap: $6.198B info
QBTS
May 21, 2026, 6:52 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $22.55
Real-time Price: $16.67 info
Change: -$5.88 (-26%) info
Market Cap: $6.198B info
QBTS
May 21, 2026, 6:51 AM EDT
Source: Reuters
Importance Score:
9
Price at Filing: $22.53
Real-time Price: $16.67 info
Change: -$5.86 (-26%) info
Market Cap: $6.198B info
QBTS
May 12, 2026, 4:13 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $22.24
Real-time Price: $16.67 info
Change: -$5.57 (-25%) info
Market Cap: $6.198B info
QBTS
May 12, 2026, 7:01 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $24.38
Real-time Price: $16.67 info
Change: -$7.71 (-32%) info
Market Cap: $6.198B info
QBTS
May 04, 2026, 5:00 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $20.92
Real-time Price: $16.67 info
Change: -$4.25 (-20%) info
Market Cap: $6.198B info
QBTS
Apr 29, 2026, 7:13 AM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $18.26
Real-time Price: $16.67 info
Change: -$1.59 (-9%) info
Market Cap: $6.198B info
QBTS
Apr 29, 2026, 7:02 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $18.25
Real-time Price: $16.67 info
Change: -$1.58 (-9%) info
Market Cap: $6.198B info
QBTS
Feb 26, 2026, 4:13 PM EST
Filing Type: 10-K
Importance Score:
9
Price at Filing: $19.88
Real-time Price: $16.67 info
Change: -$3.21 (-16%) info
Market Cap: $6.198B info