D-Wave Quantum, Inc. (QBTS)
NYSEInformation TechnologyComputer HardwareSnapshot 2026-09-04
NYSEInformation TechnologyComputer HardwareSnapshot 2026-09-04
QuarterlyIQ Insights · QBTS
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
CFO — John Markovich: The CFO is retiring with a named internal successor (SVP of Finance) taking over as acting CFO, indicating an orderly succession rather than a sudden loss of leadership.
Director — Kevan P. Krysler: The filing announces the appointment of a new independent director to the board, which is a standard governance event and not an executive management change.
Results of Operations and Financial Condition. On August 6, 2026 , D-Wave Quantum Inc. (the “Company”) issued a press release announcing its financial results for the second quarter ended June 30, 2026, and other recent developments. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference. In addition, on August 6, 2026 , the Company posted on its website an investor presentation, which includes supplemental information relating to the Company’s…
Regulation FD Disclosure. On August 3, 2026, D-Wave Quantum Inc. (“D-Wave”) and Nasdaq Verafin announced an agreement designed to evaluate the use of quantum computing to improve financial crime detection. The collaboration will begin with the development of a proof-of-concept (PoC), with the potential to expand to pilot applications for key anti-financial crime use cases. The effort will focus on how quantum-hybrid technology may be used to support the development of predictive systems that…
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On July 14, 2026, D-Wave Quantum Inc. (the " Company "), acting pursuant to authorization from its Board of Directors, notified the New York Stock Exchange (the “ NYSE ”) of its intention to voluntarily withdraw the listing of its common stock, par value $0.0001 per share (the “ Common Stock ”) from the NYSE and transfer the listing to The Nasdaq Stock Market LLC (“ Nasdaq ”). The Company expe…
Regulation FD Disclosure. On June 30, 2026, D-Wave Quantum Inc. (“D-Wave” or the “Company”) announced it has been selected to receive a $1,566,250 grant from the U.S. National Science Foundation (NSF) through the agency's National Quantum Virtual Laboratory (NQVL) program. The funding will support D-Wave’s role as a key industry partner in ERASE (Erasure Qubits and Dynamic Circuits for Quantum Advantage) – a project focused on developing foundational technologies for fault-tolerant quantum co…
Other Events. On May 21, 2026, D-Wave Quantum Inc. (the “ Company ” or “ D-Wave ”) issued a press release announcing that it has signed a Letter of Intent (the “ LOI ”) for $100 million of proposed funding under the U.S. CHIPS and Science Act, which is administered by the U.S. Department of Commerce (the “ Department ”). This funding would accelerate development and scaling of D-Wave’s annealing and gate-model quantum systems, including at its forthcoming research and development (R&D) facili…
Results of Operations and Financial Condition. On May 12, 2026 , D-Wave Quantum Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2026, and other recent developments. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference. In addition, on May 12, 2026 , the Company posted on its website an investor presentation, which includes supplemental information relating to the Company’s fina…
President and Chief Executive Officer — Dr. Alan Baratz: Amended employment agreement with increased compensation.
Results of Operations and Financial Condition. On February 26, 2026 , D-Wave Quantum Inc. (the “Company” or “D-Wave”) issued a press release announcing its financial results for the fiscal fourth quarter and full year ended December 31, 2025, and other recent developments. The Company's reported financial results include revenue of $24.6 million for the fiscal year ended December 31, 2025, representing an increase of $15.8 million, or 179%, from revenue of $8.8 million reported for fiscal yea…
Regulation FD Disclosure. On February 26, 2026 , the Company issued a press release announcing its financial results for the fiscal fourth quarter and full year ended December 31, 2025, and other recent developments, including: • A $20 million system purchase by Florida Atlantic University, with deployment expected by the end of 2026, and a $10 million, two-year enterprise license Quantum Computing as a Service agreement with a Fortune 100 company. • The completion of the acquisition of Quant…
Regulation FD Disclosure. On February 19, 2026, D-Wave Quantum Inc. (“D-Wave”) announced that has joined the Southeastern Quantum Collaborative (“SQC”) as an inaugural member, along with The University of Alabama in Huntsville, Davidson Technologies, IBM and Alabama A&M University. The SQC will bring together academia, industry and government to accelerate the advancement and application of quantum information science and technology across the Southeast. In addition, it aims to develop the qu…
Regulation FD Disclosure. On January 27, 2026, D-Wave Quantum Inc. (“D-Wave”) announced a $10 million, two-year enterprise Quantum Computing as a Service (QCaaS) agreement with a leading Fortune 100 company. Under the agreement, the companies plan to collaborate to develop and deploy several quantum-powered applications. A ccording to D-Wave’s CEO, Dr. Alan Baratz, the agreement marks a significant milestone in D-Wave’s annealing quantum computing enterprise adoption and impact. A copy of the…
Regulation FD Disclosure. On January 27, 2026, D-Wave Quantum Inc. (“D-Wave” or the “Company”) announced: • That Florida Atlantic University (“FAU”) has signed an agreement with D-Wave to purchase and install an Advantage2 TM annealing quantum computer at its Boca Raton campus. The agreement represents a $20 million commitment from FAU, aiming to accelerate and solidify the State of Florida’s position as a leader in quantum computing. The agreement is subject to applicable public entity requi…
Other Events. On January 20, 2026, the Company completed its previously announced transaction (the “Transaction”) to acquire all of the issued and outstanding equity of Quantum Circuits, Inc., a Delaware corporation (“Quantum Circuits”), pursuant to the terms of the Agreement and Plan of Merger (the “Merger Agreement”), dated January 6, 2026, by and among the Company, Quantum Circuits, Quest Acquisition Merger Sub I, Inc., a Delaware corporation and a wholly owned subsidiary of the Company, Q…
Other Events. On January 20, 2026, D-Wave Quantum Inc. (the “Company”) filed with the Securities and Exchange Commission (the “SEC”) a prospectus supplement to the prospectus included in the Company’s registration statement on Form S-3ASR filed with the SEC on January 20, 2026 (File No. 333-292825) (the “Registration Statement”), covering the resale by certain selling stockholders of an aggregate of 10,430,444 shares of Company common stock, par value $0.0001 per share. A copy of the legal op…
The issuance and sale of shares of D-Wave Quantum Inc. (the “Company”) common stock in connection with the Transaction (as defined below) was made in reliance on the private offering exemption of Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), Regulation D and/or Regulation S promulgated under the Securities Act.
Entry into a Material Definitive Agreement. On January 6, 2026 , D-Wave Quantum Inc., a Delaware corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Quantum Circuits, Inc., a Delaware corporation (“Quantum Circuits”), Quest Acquisition Merger Sub I, Inc., a Delaware corporation and a wholly owned subsidiary of the Company, Quest Acquisition Merger Sub II, LLC, a Delaware limited liability company and a wholly owned subsidiary of the Company,…
Unregistered Sales of Equity Securities . The information set forth under
to this Current Report on Form 8-K, including Exhibit 99.1, is intended to be furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a filing. Certain statements in…
Regulation FD Disclosure. On December 2, 2025, D-Wave Quantum Inc. (“D-Wave”) announced that it has formed a new business unit dedicated to driving the adoption of its quantum computing products and services with the U.S. government. Led by seasoned government and public sector business executive Jack Sears Jr., the newly formed unit will support D-Wave’s enterprise-wide U.S. government-related initiatives. Calls for quantum applications have come from several members of the U.S. Department o…
Results of Operations and Financial Condition. On November 6, 2025 , D-Wave Quantum Inc. (the “Company”) issued a press release announcing its financial results for the fiscal third quarter ended September 30, 2025. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference. In addition, on November 6, 2025 , the Company posted on its website an investor presentation, which includes supplemental information relating to the Company’s financial result…
Regulation FD Disclosure. On November 3, 2025, D-Wave Quantum Inc. (“D-Wave”) and Davidson Technologies, Inc. (“Davidson”) announced that D-Wave’s Advantage2 TM quantum computer is now operational at Davidson’s headquarters in Huntsville, Alabama. The system is expected to address mission-critical U.S. government problems, particularly in national defense, and will eventually run sensitive applications. This launch marks a major milestone in a multi-year agreement and technology collaboration…
Regulation FD Disclosure. On October 22, 2025, D-Wave Quantum Inc. (“D-Wave”) announced it is hosting a series of seminars in Italy starting this week, aimed at advancing annealing quantum computing awareness and adoption among leading universities in the region as part of the Q-Alliance. Revealed at last week’s Digital Innovation Forum in Como, Italy, the Q-Alliance has been created to support the Italian government’s strategic framework for digital and quantum technologies. A core objective…
Regulation FD Disclosure. On August 13, 2025, D-Wave Quantum Inc. (“D-Wave”) announced that it is hosting its first-ever Qubits Japan 2025 quantum computing user conference in Tokyo on September 17 to support growing interest and adoption of annealing quantum computing technology across the Asia Pacific (APAC) region. Themed “Quantum Realized,” Qubits Japan 2025 will feature presentations from D-Wave executives, customers, and thought leaders that showcase how D-Wave’s quantum technology is a…
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