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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
Markets · Technology

D-Wave Quantum Inc. (QBTS)

NGM · Computer Hardware

$16.21-0.89 (-5.20%)Quote refreshed

Sources: Yahoo Finance (quote, statistics) · SEC EDGAR (filings, insider trades, 13F holders) · company filings & press wires

Market Cap
$6.00B
P/E (TTM)
EPS
$-1.03
Div Yield
52W Range
$12.75–$46.75
Beta
2.10

Company overview

Next earnings: 2026-08-06(9d)

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company's server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.

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Recent press releases

April 2026

3 months agoARSTechnology

D-Wave Reports $65M R&D Spending on Quantum Computing Future

QBTSD-Wave Quantum Inc.

# 🧾 What This Document Is This is D-Wave Quantum Inc.'s **Annual Report to Shareholders**. It's the comprehensive yearly health checkup for investors, going far beyond a standard earnings release. Think of it as the company's official diary, explaining its business, finances, challenges, and plans

Read summaryView on SEC EDGAR

SEC filings

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1 recent filing shown in the timeline above. View all SEC filings →

D-Wave Quantum Inc. has no reported insider trades in the last 90 days.

Institutional holders

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As of 2025-12-31 · prior 2025-09-30
2,248,373 sh-84.8%
2,550,977 sh-59.8%
28,198,441 sh+7.6%
12,869,331 sh+20.1%
3,548,013 sh+311.6%
4,592,656 sh+74.9%
1,936,922 sh● NEW
3,517,550 sh-35.2%

People at D-Wave Quantum Inc.

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Quarterly financials

Full financials →
Revenue trend
03/25
$777.0K
NI -$5.4M
06/25
$3.1M
NI -$167.3M
09/25
$3.7M
NI -$140.0M
RevenueNI = Net Income
EPS trend (diluted)
Latest: $-0.41
Prior: $-0.55
Revenue sparkline