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D-Wave Quantum Inc. (QBTS)

IT Hardware · US stock

D-Wave Quantum Inc. recent earnings releases

Based on SEC filings. The release date is the day the earnings filing (8-K) was accepted; for quarters where that filing was not found, the periodic report filing date is shown.

  • 26Q2Released Aug 6, 2026
    Revenue -0.6% YoY · EPS $-0.13
    Released before the open: Aug 5 close → Aug 6 close, the stock moved -9.3% · over the same window, market -0.2% · sector -1.3%
  • 26Q1Released May 12, 2026
    Revenue -80.9% YoY · EPS $-0.05
    Released before the open: May 11 close → May 12 close, the stock moved -7.0% · over the same window, market -0.2% · sector -2.0%
  • 25Q4Released Feb 26, 2026
    Revenue +19.2% YoY · EPS $-0.10
    Released before the open: Feb 25 close → Feb 26 close, the stock moved +2.5% · over the same window, market -0.6% · sector -0.9%
  • 25Q3Released Nov 6, 2025
    Revenue +99.9% YoY · EPS $-0.41
    Released before the open: Nov 5 close → Nov 6 close, the stock moved -8.5% · over the same window, market -1.1% · sector -1.4%

The next earnings release is estimated around Nov 5, 2026 (calculated from how long this company has taken between quarter end and filing; it is not a date announced by the company).

Company overview

D-Wave Quantum Inc. is a quantum computing company that develops and delivers quantum computing systems, software, and services for enterprises and developers. Its product suite includes Advantage and Advantage 2 quantum computers, the Leap cloud platform for remote access to quantum systems and hybrid solvers, and Ocean, an open-source set of developer tools and software development kits. The company also provides professional services to help customers identify, design, and implement quantum applications across areas such as optimization, scheduling, logistics, routing, drug discovery, and industrial planning. D-Wave Quantum Inc. focuses on practical quantum computing solutions that combine quantum and classical resources for enterprise-scale workloads. Headquartered in Palo Alto, California, and founded in 1999, the company serves a global market through cloud-based access, software tools, and application support.

What is the IT Hardware sector?

PCs, servers, and storage. Benefits from data centers alongside chips.

D-Wave Quantum Inc. is classified under the IT Hardware sector. See peers below.

D-Wave Quantum Inc. key financials

Based on SEC filings · as of Jun 30, 2026

-2001.6%
-41.7%
0.03x
as of Jun 30, 2026

Tap a metric name to see its meaning in the glossary.

D-Wave Quantum Inc. vs IT Hardware sector benchmark

Median of 16 representative sector stocks · SEC filings · factual comparison (not advice)

Revenue growth (YoY)
-44.2%vs benchmark 20.6%↓ below
Operating margin
-1732.1%vs benchmark 25.8%↓ below
Net margin
-2001.6%vs benchmark 21.8%↓ below
ROE
-41.7%vs benchmark 27.4%↓ below

A simple comparison to the sector benchmark. Higher or lower doesn’t mean good/bad or buy/sell.

ETFs holding D-Wave Quantum Inc.

Per SEC N-PORT · 2026-06-30 · by weight · factual

IWMiShares Russell 2000 ETF
0.27%
ITOTiShares Core S&P Total U.S. Stock Market ETF
0.01%
VTIVANGUARD TOTAL STOCK MARKET INDEX FUND
0.01%

QBTS on Stocklore

  • Revenue by segment — segment weights verified from SEC filings, YoY changes, growth drivers and concentration
  • Financials & earnings quality — 6 metrics (FCF conversion, ROIC, net debt, etc.) to gauge profit quality
  • 13F institutional holdings — holdings and weight changes of major institutions (45-day delay)
  • Sector-relative metrics — Valuation and growth compared with the IT Hardware average
See full QBTS analysis →

Peers · IT Hardware

QBTS FAQ

What is D-Wave Quantum Inc. (QBTS)?

D-Wave Quantum Inc. is a quantum computing company that develops and delivers quantum computing systems, software, and services for enterprises and developers. Its product suite includes Advantage and Advantage 2 quantum computers, the Leap cloud platform for remote access to quantum systems and hybrid solvers, and Ocean, an open-source set of developer tools and software development kits. The company also provides professional services to help customers identify, design, and implement quantum applications across areas such as optimization, scheduling, logistics, routing, drug discovery, and industrial planning. D-Wave Quantum Inc. focuses on practical quantum computing solutions that combine quantum and classical resources for enterprise-scale workloads. Headquartered in Palo Alto, California, and founded in 1999, the company serves a global market through cloud-based access, software tools, and application support.

What sector is D-Wave Quantum Inc. in?

D-Wave Quantum Inc. is classified under IT Hardware. PCs, servers, and storage. Benefits from data centers alongside chips.

What are D-Wave Quantum Inc.'s key financials?

As of Jun 30, 2026 in SEC filings: Revenue growth (YoY) -44.2%, Operating margin -1732.1%, Net margin -2001.6%, ROE -41.7%, Debt-to-equity 0.03x. Definitions and interpretation are available on Stocklore.

Where can I analyze D-Wave Quantum Inc. (QBTS) stock?

On Stocklore you can see QBTS's financials & earnings quality, 13F institutional holdings, and sector-relative metrics in one place. This page is for information and tools — not a buy/sell recommendation.

Data sources: SEC EDGAR (financials & filings), 13F (institutional holdings, as of quarter-end), market data. This page is for information and analysis tools — it does not recommend buying or selling any security. Investment decisions and responsibility are your own.

Not an investment adviser and not personalized investment advice; not a discretionary management service. No trade recommendations, no target prices, no execution or brokerage. We do not recommend or guarantee any purchase, sale, or returns. Investment decisions and their outcomes are your own.

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