QBTS — D-Wave Quantum Inc.
NYSE · Technology · Computer Hardware
$16.45
-$0.09 (-0.54%)
D-Wave Quantum Inc. (QBTS) is a computer hardware company listed on NYSE. It is led by Alan E. Baratz Ph.D., based in 2650 East Bayshore Road, Palo Alto, CA, United States, 94303, with about 382 employees. 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.
Latest reported QBTS revenue for 2025-09-30 was $3.7M. Net income was -$140.0M. Revenue was up 273.9% from 2025-06-30 to 2025-09-30. QBTS currently screens at market cap $8.49B.
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About D-Wave Quantum Inc.
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.
QBTS Key Statistics
Market Cap
$8.49B
Volume
14.88M
Previous Close
$18.68
Day Range
$18.63 – $19.53
P/B Ratio
7.55
EPS
-$0.75
Revenue
$8.83M
Net Income
-$143.88M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
+0.8%
Profit Margin
-1630.0%
Employees
382
QBTS Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $8.83M | $8.76M | $7.17M | $6.28M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$143.88M | -$82.72M | -$53.70M | -$31.55M |
| EPS (Diluted) | -$0.75 | -$0.60 | -$0.45 | -$0.25 |
Total Assets
$199.85M
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$178.00M
Operating Cash Flow
-$42.64M
Free Cash Flow
$0.00
D-Wave Quantum Inc. Company Information
- President, CEO & Director
- Alan E. Baratz Ph.D.
- Headquarters
- 2650 East Bayshore Road, Palo Alto, CA, United States, 94303
- Website
- www.dwavequantum.com
- Phone
- 604 285 2881
- IPO / Founded
- 2022-08-08
- Sector
- Technology
- Industry
- Computer Hardware