D-Wave Quantum Inc. (FRA:RQ0)

Germany flag Germany · Delayed Price · Currency is EUR
23.61
-1.90 (-7.45%)
Last updated: Jun 3, 2026, 5:24 PM CET
Market Cap9.50B +195.8%
Revenue (ttm)10.79M -41.8%
Net Income-319.16M
EPS-0.93
Shares Out n/a
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume8,322
Open25.68
Previous Close25.51
Day's Range23.61 - 25.68
52-Week Range11.26 - 40.14
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateMay 12, 2026

About D-Wave Quantum

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 al... [Read more]

Industry Computer Programming, Data Processing, And Other Computer Related Services
Founded 1999
Employees 385
Stock Exchange Frankfurt Stock Exchange
Ticker Symbol RQ0

Financial Performance

In 2025, D-Wave Quantum's revenue was $24.59 million, an increase of 178.54% compared to the previous year's $8.83 million. Losses were -$355.06 million, 146.8% more than in 2024.

Financial numbers in USD Financial Statements

News

D-Wave (QBTS) Stock Rises as SEC Filings Put Its Quantum Strategy in Focus

D-Wave Quantum ($QBTS) is getting a fresh look from Wall Street after a series of SEC filings provided investors with a clearer view of its technology roadmap and commercial strategy.

6 hours ago - TipRanks

D-Wave Quantum (QBTS) Stock Gets Wall Street Boost as Top Analyst Sees 33% Upside

D-Wave Quantum Inc. ($QBTS), a quantum computing company developing both annealing and gate-model quantum systems, is getting a fresh Wall Street boost after hosting its first Investor Day at the…

7 hours ago - TipRanks

D-Wave Quantum price target raised to $40 from $36 at B. Riley

B. Riley raised the firm’s price target on D-Wave Quantum (QBTS) to $40 from $36 and keeps a Buy rating on the shares following the investor day. The gate model’s…

1 day ago - TheFly

D-Wave Quantum (QBTS) Stock Gets New Bullish Price Targets after Investor Day

D-Wave Quantum Inc. ($QBTS), a quantum computing company focused on commercial quantum systems and software, is drawing fresh analyst support after hosting its first Investor Day at the New York…

1 day ago - TipRanks

D-Wave Quantum price target raised to $40 from $30 at Roth Capital

Roth Capital raised the firm’s price target on D-Wave Quantum (QBTS) to $40 from $30 and keeps a Buy rating on the shares. The company’s first investor analyst day was…

1 day ago - TheFly

D-Wave Quantum Transcript: Investor Day 2026

A dual-platform approach targets the full quantum market, with mature annealing systems and advanced gate-model development. Commercial traction is growing, highlighted by enterprise-scale deals and rapid customer adoption. Financially, system sales and QCaaS drive revenue, supported by strong margins and a robust patent portfolio.

2 days ago - Transcripts

D-Wave Quantum Releases Gate-Model Roadmap. What That Means and Why It Matters.

D-Wave Quantum has cornered the market for annealing quantum systems but the company is looking to move beyond its current niche.

2 days ago - Barrons

D-Wave Quantum announces new gate-model roadmap

D-Wave Quantum (QBTS) announced a new gate-model roadmap designed to accelerate the development of commercial, fault-tolerant quantum computing. Targeting 100 logical qubits capable of successfully pe...

2 days ago - TheFly

D-Wave Charts a New Course to Fault-Tolerant Quantum Computing with Gate-Model Roadmap

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, sof...

2 days ago - Business Wire

D-Wave Quantum Investor Day: What QBTS Investors Need to Watch

D-Wave Quantum Inc. ($QBTS) investors have a fresh catalyst to watch as the company hosts its first-ever Investor Day today, June 1. The event, titled “The D-Wave Difference,” will run…

2 days ago - TipRanks

Quantum Leap: Quantum stocks soar after government takes stake in nine companies

Welcome to the latest edition of “Quantum Leap” where The Fly decodes news and activity in the quantum computing space. CLAIM REBUTTAL: D-Wave Quantum (QBTS) issued a response to recent…

6 days ago - TheFly

Why Xanadu Quantum (XNDU) Surged 17% after Its S-8 Filing While RGTI, QBTS, IONQ, and HQ Fell

Xanadu Quantum Technologies Limited ($XNDU) jumped 17.5% yesterday, breaking away from a weak day for quantum computing stocks. Rigetti Computing Inc. ($RGTI), D-Wave Quantum Inc. ($QBTS), IonQ Inc. (...

7 days ago - TipRanks

D-Wave Stock Falls as Laptop Study Challenges QBTS Quantum Supremacy Claim

D-Wave Quantum Inc. ($QBTS), a quantum computing company that offers both annealing and gate-model quantum systems, is under the spotlight after new research challenged one of its biggest claims: that...

7 days ago - TipRanks

D-Wave says claim simulation work ‘overturned’ is inaccurate

D-Wave Quantum (QBTS) issued a response to recent claims that newly published classical simulation work has “overturned” D-Wave’s demonstration of quantum computational supremacy in quantum simulation...

7 days ago - TheFly

D-Wave's Quantum Supremacy Result Stands

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, sof...

7 days ago - Business Wire

D-Wave Quantum falls -9.5%

D-Wave Quantum (QBTS) is down -9.5%, or -$2.79 to $26.61.

8 days ago - TheFly

D-Wave Quantum falls -9.7%

D-Wave Quantum (QBTS) is down -9.7%, or -$2.85 to $26.55.

8 days ago - TheFly

D-Wave Stock Climbs as U.S.-Backed Quantum Funding Boosts QBTS Hardware Push

D-Wave Quantum Inc. (NYSE:QBTS), a quantum computing company that offers both annealing and gate-model quantum systems, has secured second-year funding for a U.S.-backed project to improve superconduc...

8 days ago - TipRanks

D-Wave Quantum awarded second year funding for SQFab project

D-Wave Quantum (QBTS) has been awarded second year funding for the Improved Materials for Superconducting Qubits with Scalable Fabrication project by the Northeast Regional Defense Technology Hub. Awa...

8 days ago - TheFly

D-Wave Stock Climbs as U.S.-Backed Quantum Funding Boosts QBTS Hardware Push

D-Wave Quantum Inc. ($QBTS), a quantum computing company that offers both annealing and gate-model quantum systems, has secured second-year funding for a U.S.-backed project to improve superconducting...

8 days ago - TipRanks

D-Wave Awarded Year 2 Microelectronics Commons Project Funding to Advance Superconducting Quantum Innovation

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today ann...

8 days ago - Business Wire

Quantum Computing Is Getting a $2 Billion Boost. Banks See a Growing Cyber Threat.

As enthusiasm abounds for quantum computing, Moody's cautions that the rise of ultra-powerful systems could upend the financial sector.

11 days ago - Barrons

US Government Invests $2 Billion in Quantum Computing Leaders

The Department of Commerce plans to provide $2.013 billion in federal incentives to nine companies to support and accelerate their development of quantum computing.

11 days ago - PYMNTS

D-Wave CEO: U.S. investment accelerates our ability to scale quantum innovation

CNBC's Kelly Evans talks with D-Wave Quantum CEO Alan Baratz about the expected $100 million U.S. investment in the company to advance quantum computing and more.

12 days ago - CNBC Television

The Trump Administration Plans to Take Stakes in These Quantum Computing Firms. Their Stocks Are Soaring.

The federal government is moving to expand its investment portfolio with stakes in a number of quantum computing firms, sending their shares higher Thursday.

12 days ago - Investopedia