D-Wave Quantum Inc.
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About the company
Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services. Their offerings include Advantage, a pioneering fifth-generation quantum computer, and Launch, an onboarding service designed for quantum computing adoption.
- CEO
- Alan E. Baratz
- IPO
- 2020
- Employees
- 382
- HQ
- Palo Alto, BC, CA
Price Chart
- Market Cap
- $7.37B
- P/E
- -17.46
- P/S
- 592.64
- P/B
- 6.56
- EV/EBITDA
- -18.32
- Div Yield
- 0.00%
- Gross Margin
- 66.27%
- Op Margin
- -1155.61%
- Net Margin
- -2957.23%
- ROE
- -44.05%
- ROIC
- -11.38%
- Revenue
- $24.59M · 178.54%
- Net Income
- $-355,062,000 · -146.78%
- EPS
- $-1.11 · -48.00%
- Op Income
- $-100,368,000
- FCF YoY
- -69.49%
- 52W High
- $46.75
- 52W Low
- $12.75
- 50D MA
- $23.54
- 200D MA
- $24.15
- Beta
- 2.10
- Avg Volume
- 35.57M
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Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Jun 15, 26 | Ghai Rohit | sell | 13,518 |
| Jun 12, 26 | Markovich John M. | sell | 46,043 |
| Jun 15, 26 | Markovich John M. | sell | 100,000 |
| Jun 15, 26 | Markovich John M. | sell | 100,000 |
| Jun 15, 26 | Markovich John M. | other | 10,584 |
| Jun 15, 26 | Nguyen Diane | other | 3,191 |
| Jun 15, 26 | BLACK STANLEY T | other | 1,535 |
| Jun 15, 26 | AMES SOPHIE C | other | 1,544 |
| Jun 8, 26 | BARATZ ALAN E | other | 213,232 |
| Jun 8, 26 | BARATZ ALAN E | other | 474,395 |
Our QBTS coverage
Recent articles, reports, and earnings notes.
D-Wave Quantum (QBTS): Quantum Growth With Valuation Risk
D-Wave posted 179% FY2025 revenue growth, 82.6% gross margin, and $884.5M in cash, but the stock still trades at a steep valuation. The report rates QBTS a Buy, with commercialization traction offset by ongoing losses and execution risk.
Terra Quantum’s De-SPAC: What Investors Need to Know
Terra Quantum, a Switzerland-based quantum technology company, is going public through a merger with Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXIN). The deal targets a second-half-2026 close, but the setup still hinges on redemptions, financing, and SEC approval.
What to Watch as EigenQ's SPAC Merger Heads Toward Close
EigenQ is a quantum technology company going public through a merger with Silicon Valley Acquisition Corp. (SVAQ), with the deal expected to close in Q4 2026. The setup is high-upside if commercialization takes hold, but shareholders should watch valuation, redemptions, and dilution closely.
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