D-Wave Quantum Inc.
Simply Wall St says D-Wave Quantum (QBTS) reported very large growth in Q2 bookings and received up to C$300,000 from Canada’s National Research Council for new annealing software. The article cites over $884 million in cash and marketable securities as of Feb 2026, and a “fair value” estimate of $40.65 versus a $20.90 last close.
D-Wave Quantum (QBTS) reported Q2 2026 revenue of $3.1 million, flat vs Q2 2025. H1 revenue fell to $5.9 million, down 67% from $18.1 million due to a non-recurring 2025 system sale. Q2 bookings were $2.1 million. GAAP net loss was $48 million. Cash and marketable securities were $546.2 million. Guidance: two system deliveries in 2026, with most revenue in Q4.
D-Wave Quantum (QBTS) shares rose about 2.5% to $20.74 as Mizuho kept an Outperform rating but cut its price target to $29 from $35. Q2 revenue was $3.1M versus $4M expected, with bookings down 94% QoQ. The company received up to CAD $300k from Canada’s NRC and expects two system sales in 2026.
Over the past 7 days, alphai's AI scored 11 news stories mentioning QBTS (D-Wave Quantum Inc.). Coverage has skewed bullish: 4 bullish, 4 neutral, and 3 bearish.
Recent QBTS coverage spans technology, market movers and sector analysis.
In the last 30 days, QBTS insiders filed 1 SEC Form 4 transaction — no purchases and 1 sale ($52K). The most active reporter was AMES SOPHIE C, Exec. Vice President & CHRO, with 1 filing. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.
Fresh bookings momentum plus NRC funding improves near-term visibility, but the article flags large ongoing losses and valuation risk.
Earnings call provides fresh operating datapoints (revenue, margins, RPO) and reiterates 2026 delivery guidance, shaping near-term expectations for bookings and revenue timing.
Analyst PT cut offsets the bullish stance, while the reported revenue and bookings deterioration raises near-term execution risk despite pipeline and funding updates.
The reported grant is framed as accelerating D-Wave’s scaling and fabrication processes, supporting a positive re-rating narrative.
Bookings and backlog surged while quarterly revenue stayed flat, implying near-term revenue timing risk but stronger demand visibility.
alphai scores every news story that mentions QBTS with an AI model for sentiment and relevance, and aggregates insider trades from D-Wave Quantum Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Simply Wall St says D-Wave Quantum (QBTS) reported very large growth in Q2 bookings and received up to C$300,000 from Canada’s National Research Council for new annealing software. The article cites over $884 million in cash and marketable securities as of Feb 2026, and a “fair value” estimate of $40.65 versus a $20.90 last close.
6 min readD-Wave Quantum (QBTS) reported Q2 2026 revenue of $3.1 million, flat vs Q2 2025. H1 revenue fell to $5.9 million, down 67% from $18.1 million due to a non-recurring 2025 system sale. Q2 bookings were $2.1 million. GAAP net loss was $48 million. Cash and marketable securities were $546.2 million. Guidance: two system deliveries in 2026, with most revenue in Q4.
6 min readD-Wave Quantum (QBTS) shares rose about 2.5% to $20.74 as Mizuho kept an Outperform rating but cut its price target to $29 from $35. Q2 revenue was $3.1M versus $4M expected, with bookings down 94% QoQ. The company received up to CAD $300k from Canada’s NRC and expects two system sales in 2026.
6 min readA Wall Street Journal report says the U.S. Department of Commerce will award $2B in quantum computing grants to nine companies, with the government taking minority equity stakes. IBM is expected to receive half. D-Wave CEO Alan Baratz cited scaling and fabrication benefits. Pre-market shares of IBM, GFS, RGTI, QBTS, and INFQ rose 7% to 20%.
4 min readD-Wave Quantum (NYSE: QBTS) reported Q2 revenue of $3.1 million, flat year over year. First-half 2026 bookings rose to $35.5 million, up 1,120%, including a $20 million Florida Atlantic University system order and $2.3 million from the Quantum Circuits acquisition. Backlog increased to $40.7 million. Cash and marketable securities were $546.2 million.
6 min readD-Wave Quantum Inc. (NASDAQ: QBTS) said it received up to CAD $300,000 from Canada’s National Research Council for its Applied Quantum Computing Challenge. With NRC, it will develop new graph minor-embedding algorithms for its Advantage2 annealing computers and integrate them into the Ocean open-source SDK, targeting larger optimization workloads.
3 min readInvesting.com compares crypto and quantum ETFs. Bitcoin is at about $63,529, down 46.5% over one year, with technicals showing “Strong Sell” across daily, weekly and monthly timeframes. The WisdomTree Quantum Computing ETF (WQTM) is up about 28.3% YTD. It cites Strategy Inc selling 1,690 BTC for $109M and notes quantum holdings including IonQ, Rigetti, D-Wave, Microsoft and IBM.
7 min readA market check at 11:00 a.m. ET said S&P 500 sectors were mixed, with industrials (XLI) up and consumer staples (XLP) down, while semiconductor hardware in tech rose. The focus is upcoming earnings from quantum firms Quantinuum (QNT) on Tuesday and Infleqtion (INFQ) on Wednesday, amid competition with larger tech and prior earnings from D-Wave (QBTS), Rigetti (RGTI) and QUBT.
6 min readD-Wave Quantum (QBTS) reported Q2 results with revenue of about $3 million, slightly below the prior year and under Wall Street’s $4 million-plus consensus. Loss per share was $0.13. Bookings rose 1,120% to $35.5 million, helped by AT&T expanding use of its technology. The article argues the stock’s P/S of 496 is too high for current sales.
6 min readThe article discusses the recent earnings reactions of quantum computing firms IonQ, D-Wave Quantum, and Rigetti Computing. IonQ reported Q2 revenue of $80.1M (+287% y/y), raised full-year guidance, and completed its $1.8B SkyWater acquisition. D-Wave reported $3.1M Q2 revenue vs ~$4M forecast. Rigetti reported about $5.1M Q2 revenue. It cites sector index gains and government funding.
7 min read
