Price
No data yet.
Social Signal Score
Analyst Ratings
13 analystsRevenue
$3.08M+118.16%Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- Alan E. Baratz
- Sector
- Technology
- Industry
- Computer Hardware
- Employees
- 385
- Beta
- 2.14
- Country
- US
- Piotroski score
- 2 / 9 (Weak)
- Altman Z-score
- 46.97
Financials
Revenue
$3.08M+118.2%Net Income
$-48.03MEBITDA
$-39.23MFree Cash Flow
$-32.94MEPS (diluted)
$-0.13Shares Outstanding (diluted)
370.84M+237.9%Operating Expenses
$54.98MCash & Debt
$546.22MReturn of Capital
$6.89MRevenue by Segment (annual)
$19.07MQuote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $24.59M | $-355.06M | $-1.11 |
| 2024 | $8.83M | $-143.88M | $-0.75 |
| 2023 | $8.76M | $-82.72M | $-0.60 |
| 2022 | $7.17M | $-53.70M | $-0.45 |
| 2021 | $6.28M | $-40.97M | $-0.33 |
| 2020 | $5.16M | $-21.97M | $-0.20 |
Valuation
QBTShas no positive reported earnings per share, so an earnings-multiple projection can't be built for it. Companies are valued on other measures at this stage — revenue growth, cash burn, or book value — none of which this calculator models.
Signal Score (90d)
0-100.00%Social Signal Score
Mentions (39)
- Newsbusinesswire.com·1d ago·Negative
QBTS Investors Have Opportunity to Join D-Wave Quantum Inc. Fraud Investigation with SBS Law LOS ANGELES--(BUSINESS WIRE)---- $QBTS--QBTS Investors Have Opportunity to Join D-Wave Quantum Inc. Fraud Investigation with SBS Law.
View source ↗ - News (RSS)fool·2d ago·Neutral
3 Millionaire-Maker Quantum Computing Stocks Wall Street Isn't Talking About IonQ, D-Wave, and Rigetti are taking quantum computing from the experimental stage to the commercial stage, and early investors could reap outsize rewards.
View source ↗ - News (RSS)fool·4d ago·Positive
Better Quantum Computing Stock: IonQ vs. D-Wave Which of these two quantum computing start-ups is the better buy?
View source ↗ - News (RSS)fool·9d ago·Positive
D-Wave Quantum vs. QuantumScape: Which Moonshot Tech Stock Is a Better Buy in 2026? Both companies are years from commercial scale and burning cash to get there. The difference is in how long each can keep going.
View source ↗ - News (RSS)fool·10d ago·Positive
Rigetti, D-Wave, or IonQ: Which Quantum Stock Has the Best Shot at Survival? Quantum computing stocks are popular, but not all of them have what it takes.
View source ↗ - 4chan /biz/biz·12d ago·Negative
>>62720185 Everyone sells cloud access, but only Pasqal, D-wave and IQM also sell actual machines to be integrated into customer datacenters in any relevant numbers.
View source ↗ - News (RSS)investing·12d ago·Neutral
D-Wave Quantum stock rises on CGI partnership deal
View source ↗ - Newszacks.com·12d ago·Neutral
Here's How QBTS Deepens Quantum Push With Funding and New Deals D-Wave Quantum deepens its quantum push with up to $100M in CHIPS funding, new production deployments and expanded commercial partnerships.
View source ↗ - News (RSS)yahoo·12d ago·Neutral
D-Wave Quantum Just Got $100 Million From the U.S. Government. It's Also Burning Through Roughly $37 Million a Quarter. With Its Stock Down 60% From the Peak, Is It a Bargain or a Trap?
View source ↗ - News (RSS)yahoo·14d ago·Neutral
CoreWeave vs. D-Wave Quantum: Is the AI Giant or the Quantum Computer Upstart the Better Stock Investment?
View source ↗ - 4chan /biz/biz·16d ago·Neutral
I won't lie, you guys got a lot of balls posting in here. >t. Quantum computer (IONQ, INFQ, QBTS)
View source ↗ - 4chan /biz/biz·18d ago·Positive
I typed this post from my Quantum©®™ computer. Buy IONQ, INFQ, QBTS, if you want to be Quantum like me.
View source ↗ - News (RSS)yahoo·23d ago·Neutral
BigBear.ai vs. D-Wave Quantum: Which Technology Stock Is a Better Buy in 2026?
View source ↗ - News (RSS)fool·23d ago·Neutral
BigBear.ai vs. D-Wave Quantum: Which Technology Stock Is a Better Buy in 2026? BigBear.ai boasts established government revenue but faces concentration risk and accounting challenges. D-Wave offers explosive growth but is burning cash at an alarming rate.
View source ↗ - News (RSS)yahoo·23d ago·Neutral
Rigetti and D-Wave Just Got $100 Million Each. 1 Quantum Stock Has More Upside From Here.
View source ↗ - News (RSS)fool·24d ago·Neutral
Prediction: D-Wave Quantum's Revenue Triples Before 2030 The case rests on a surging order book, because the revenue line itself is shrinking.
View source ↗ - News (RSS)fool·25d ago·Neutral
D-Wave, Rigetti, and Quantinuum Just Got $300 Million From Washington. Here's What That Changes for Investors. Washington is now a shareholder in these quantum computing companies.
View source ↗ - Newsfool.com·25d ago·Positive
D-Wave, Rigetti, and Quantinuum Just Got $300 Million From Washington. Here's What That Changes for Investors. The U.S. Department of Commerce has used CHIPS Act funds to buy $100 million minority stakes in Rigetti, D-Wave, and Quantinuum. The money will fund specific technical work -- Rigetti's cooling and chip-connectivity projects, D-Wave's supply chain and scaling, and Quantinuum's domestic manufacturing partnerships.
View source ↗ - News (RSS)fool·26d ago·Neutral
3 Quantum Stocks Just Scored $100 Million in Government Funding. Which Is the Best to Buy Now? Rigetti, D-Wave, and Quantinuum all just closed $100 million funding deals with the U.S. government.
View source ↗ - News (RSS)barrons·27d ago·Neutral
U.S. Gets Minority Stakes in Some Quantum Computing Companies in $300 Million CHIPS Act Funding Deal The U.S. government is taking minority equity stakes in D-Wave Quantum, Rigetti Computing, and Quantinuum with a combined $300 million CHIPS Act deal that funds the three companies to scale quantum-computing research.
View source ↗ - Newswsj.com·28d ago·Neutral
U.S. Gets Minority Stakes in D-Wave, Rigetti, Quantinuum in $300 Million CHIPS Act Funding Deal The U.S. government is taking minority equity stakes in D-Wave Quantum, Rigetti Computing, and Quantinuum with a combined $300 million CHIPS Act deal that funds the three companies to scale quantum-computing research.
View source ↗ - 4chan /biz/biz·29d ago·Neutral
what do my /smiggers/ think about quantum stocks right now? I sold my QBTS (bought at 5 sold at 20) but I noticed they are dipping again.
View source ↗ - News (RSS)fool·36d ago·Neutral
D-Wave Quantum's Massive Upside Meets a High-Stakes Valuation Reality D-Wave is moving from experiments to live enterprise workloads, but the valuation leaves little room for error. See what production revenue, customer usage, and contracted revenue reveal.
View source ↗ - News (RSS)fool·37d ago·Positive
Is D-Wave Quantum a Buy? D-Wave Quantum has paying customers and a broadening technology platform. Here's why that's not the whole story.
View source ↗ - News (RSS)fool·38d ago·Negative
Why Did D-Wave Quantum Stock Fall 16.6% This Week? D-Wave Quantum shares fell 16.6% this week after CFO John Markovich's surprise retirement rattled investors already uneasy about the quantum computing stock's mounting losses.
View source ↗ - News (RSS)yahoo·39d ago·Neutral
If You Invested $1,000 in D-Wave Quantum Stock 3 Years Ago, This Is How Much You Would Have Today
View source ↗ - News (RSS)fool·39d ago·Negative
If You Invested $1,000 in D-Wave Quantum Stock 3 Years Ago, This Is How Much You Would Have Today The quantum computing pure play plunged after its 2022 debut, but the stock made a spectacular recovery after 2023.
View source ↗ - Newsmarketbeat.com·42d ago·Neutral
The Bull Case for D-Wave After a Disappointing Earnings Season The tail end of the summer may be giving investors in quantum computing a bit of whiplash. On the one hand, D-Wave Quantum Inc. NASDAQ: QBTS delivered one of the more underwhelming Q2 2026 earnings reports, missing on both earnings and revenue, with sales growth seemingly grinding to a halt while competitors saw healthy acceleration.
View source ↗ - News (RSS)fool·42d ago·Neutral
D-Wave Quantum vs. Rigetti Computing: Which Quantum Computing Stock Is a Better Investment in 2026? While both D-Wave and Rigetti's revenues have been volatile, their valuations tell a starkly different story for quantum investors.
View source ↗ - News (RSS)fool·44d ago·Neutral
What Does a D-Wave Quantum Insider's Sale of 23,850 Shares Mean for Investors? The quantum computing company reported a notable insider stock sale amid a 23% one-year return.
View source ↗ - News (RSS)fool·45d ago·Positive
Why Did Rigetti Quantum Stock Pop Today? D-Wave stock jumped on an upgrade today -- but why is Rigetti stock doing even better?
View source ↗ - News (RSS)seekingalpha·46d ago·Neutral
D-Wave: Demand Is Outrunning Revenue
View source ↗ - Newsseekingalpha.com·46d ago·Neutral
D-Wave: Demand Is Outrunning Revenue H1 bookings surged 1,120% YoY to $35.5 million, while RPO climbed 668% to $40.7 million. Nearly $23 million of contracted revenue could convert within 12 months, almost four times D-Wave's $5.9 million H1 revenue. Enterprise adoption is strengthening, with commercial customers generating 67.7% of H1 revenue and six customer applications now in production.
View source ↗ - Newszacks.com·47d ago·Neutral
D-Wave Stock: 71% Potential Upside, but is it Enough to Buy QBTS Now? QBTS offers 71% price upside, but lofty valuation and weak technicals make bookings-to-revenue execution the key test for investors.
View source ↗ - News (RSS)fool·48d ago·Neutral
D-Wave Quantum vs. Microsoft: Which Is the Better Quantum Computing Stock to Own for the Next 5 Years? Owning shares of Microsoft gives you exposure to quantum computing's potential without sacrificing profits.
View source ↗ - Newsmarketbeat.com·49d ago·Neutral
D-Wave Has Momentum—What Does It Need to Keep It Going? If there's one thing that proponents of D-Wave Quantum Inc. NASDAQ: QBTS are likely to keep in mind after the latest round of industry earnings reports, it's that quantum computing stocks seem never to move in straight lines.
View source ↗ - News (RSS)fool·49d ago·Neutral
D-Wave Could Unlock Massive Enterprise Demand but the Valuation Risk Is Real D-Wave is moving quantum computing into real-world business operations, but its enormous valuation raises the stakes. See the catalysts and risks shaping what could come next.
View source ↗ - News (RSS)zerohedge·53d ago·Neutral
…ng SpaceX, X, Chevron, and Oracle - have shifted their headquarters or operations out of California and into other states. KB Home, Public Storage, Yamaha Motor, and D-Wave Quantum have been the latest businesses to relocate. Paramount secured its $111 billion purchase of Warner Bros. Discovery earlier this year, beating Netflix for the acquisition of the legacy entertainment empire. Warner Bros. shareholders approved the offer in April. But Paramount chose last month to pause its acquisition in…
View source ↗ - 4chan /biz/biz·54d ago·Positive
>>62589204 Bought $800 of QBTS at around $6.44, then sold when it poomped at around $23. Now I'm all in on ABCL, and just been slurpin a little bit the past year. Went from $6k investment to $18k in total now after the recent pump due to good phase 3 results
View source ↗
Earnings
Thu, Nov 5(in 4 weeks)
Consensus estimate $-0.09 per share
Typical surprise -140.0% (median, so one quarter with a near-zero estimate can't distort it)
- Thu, Aug 6$-0.10 vs $-0.08miss
- Tue, May 12$-0.05 vs $-0.08beat
- Thu, Feb 26$-0.12 vs $-0.05miss
- Thu, Nov 6$-0.41 vs $-0.07miss
- Thu, Aug 7$-0.55 vs $-0.06miss
- Thu, May 8$-0.02 vs $-0.05beat
Estimates and results for QBTS via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by QBTS officers and directors.
- Bought
- $2k
- Sold
- $110.1m
1 trade
44 trades
- Dilullo John Dsold
- Ames Sophie Csold
- Ghai Rohitsold
- Markovich John M.sold
- Markovich John M.sold
- Markovich John M.sold
- Markovich John M.sold
- Baratz Alan Esold
55 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
No disclosed congressional trades in QBTS.
Self-reported filings, amounts as brackets. Via Senate/House disclosures.
