QBTS - Earnings announcements

Record Quarterly Bookings of $33.4 Million, Up Nearly 2,000% Year over Year Quarter End Cash Position of $588 Million, Up 93% Year over Year 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, software, and services, today announced financial results for its first quarter ended March 31, 2026. "D-Wave's first quarter performance highlights what sets this company apart: strong execution, expanding commercial adoption, and differentiated technology leadership across both annealing and gate model quantum computing," said Dr. Alan Baratz, CEO of D-Wave. "As the only quantum computin

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, software and services, today announced it will release its financial results for the first quarter of fiscal year 2026 ended March 31, 2026 on Tuesday, May 12, 2026 before market open. The press release will be available on the D-Wave Investor Relations website: ir.dwavequantum.com. In conjunction with this announcement, D-Wave will host a conference call on Tuesday, May 12, 2026, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-833-890-9920 (domestic) or 1-41

FY 2025 Revenue Increased 179% Year over Year FY 2025 Gross Profit Increased 265% Year over Year Ended 2025 With Highest Liquidity Position in Company's History at over $884 Million 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, software, and services, today announced financial results for its fiscal fourth quarter and year ended December 31, 2025. "Our 2025 results mark one of the most successful and transformative years in D-Wave's history, with meaningful growth across every key business metric — revenue, Bookings, technical milestones, and scientific breakthroughs," s

Advanced computing power positions companies to unlock cost savings across global energy, transportation, and logistics networksNEW YORK, Feb. 17, 2026 /CNW/ -- Market News Updates News Commentary - Quantum speed is all about solving really big problems much faster than traditional computers. For large-scale infrastructure -- think power grids, transportation systems, or supply chains -- there are millions of data points and interconnected moving parts. Classical computers can tackle this complexity, but it often takes a long time. Quantum-powered systems, by contrast, can evaluate many possibilities at once, helping planners and operators find smarter solutions in a fraction of the time. Th

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), the only dual-platform quantum computing company, providing both annealing and gate-model systems, software, and services, today announced it will release its financial results for the fourth quarter and fiscal year 2025 ended December 31, 2025 on Thursday, February 26, 2026 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, February 26, 2026, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-844-826-3035 (domestic)

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the third quarter of fiscal year 2025 ended September 30, 2025 on Thursday, November 6 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, November 6, 2025, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-844-826-3035 (domestic) or 1-412-317-5195 (international). Participants can use those dial-in

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the second quarter of fiscal year 2025 ended June 30, 2025 on Thursday, August 7 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, August 7, 2025, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-717-1738 (domestic) or 1-646-307-1865 (international). Participants can use those dial-in numbers

Record Quarterly Revenue of $15 Million - Up Over 500% Year over Year Record Quarterly GAAP Gross Profit of $13.9 Million Record Quarter End Cash Position of $304.3 Million D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its first quarter ended March 31, 2025. "The first quarter of 2025 was arguably the most significant in D-Wave's history, especially in terms of our unique ability to deliver quantum value today to our customers and the scientific community," said Dr. Alan Baratz, CEO of D-Wave. "We recognized revenue on our first Advantage™ system sale to a major

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the first quarter of fiscal year 2025 ended March 31, 2025 on Thursday, May 8 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, May 8, 2025, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-877-407-0784 (domestic) or 1-201-689-8560 (international). Participants can use those dial-in numbers or can

FY 2024 Bookings up 128% Year over Year Q4 Bookings up 502% Year over Year Current Cash Position Exceeds $300 Million D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2024. "Every day D-Wave's quantum technology is helping customers gain competitive advantages, discover new scientific breakthroughs, and fuel innovations that were previously unimaginable," said Dr. Alan Baratz, CEO of D-Wave. "Our mission is unwavering - to help organizations realize the benefits of quantum computing now. With record bookings, a record cash p

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the fourth quarter and fiscal year 2024 ended December 31, 2024 on Thursday, March 13 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, March 13, 2025, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-717-1738 (domestic) or 1-646-307-1865 (international). Participating in the call will be Chi

Q3 QCaaS Revenue up 41% Year over Year Fiscal YTD Revenue up 11% Year over Year Fiscal YTD GAAP Gross Profit up 54% Year over Year D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its third fiscal quarter ended September 30, 2024. "Annealing quantum computing is continuing to drive the commercial adoption of quantum technology," said Dr. Alan Baratz, CEO of D-Wave. "Organizations around the world – from Vinci Energies in Europe to NTT DOCOMO in Japan – are recognizing the value our technology can bring right now in fueling new discoveries, facilitating operational

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the third quarter of fiscal year 2024 ended September 30, 2024 on Thursday, November 14 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, November 14, 2024, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-717-1738 (domestic) or 1-646-307-1865 (international). Participating in the call will be

Q2 Revenue up 28% Year over Year Q2 Bookings up 6% Year over Year GAAP Gross Profit up 97% Year over Year D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its second fiscal quarter ended June 30, 2024. "Our second quarter results show continued traction on all fronts - revenue, bookings, customer acquisition, liquidity and technical advancements," said Dr. Alan Baratz, CEO of D-Wave. "There is rapidly growing awareness of annealing quantum computing and its ability to deliver business benefits today, and the market is responding. This is further strengthened by

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the second quarter of fiscal year 2024 ended June 30, 2024 on Thursday, August 8 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, August 8, 2024, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-717-1738 (domestic) or 1-646-307-1865 (international). Participating in the call will be Chief Ex

Q1 Revenue up 56% Year over Year Q1 Bookings up 54% Year over Year Gross Profit up 294% Year over Year D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its first fiscal quarter ended March 31, 2024. "D-Wave's first quarter revenue and bookings reflect growing customer demand for quantum and hybrid quantum solutions that can drive measurable impact today," said Dr. Alan Baratz, CEO of D-Wave. "Coupled with the significant technical milestones we've achieved with the Advantage2TM prototype, we believe our progress leading the commercialization of quantum through

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the first quarter of fiscal year 2024 ended March 31, 2024 on Monday, May 13 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Monday, May 13, 2024, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-267-6316 (domestic) or 1-203-518-9783 (international). The conference ID is "D-Wave." Participating in th

Q4 Revenue and FY Revenue up 21% and 22% Year over Year Q4 Bookings and FY Bookings up 34% and 89% Year over Year Expanding Gross Margins, Declining OpEx and Improving Net Loss and Adjusted EBITDA D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2023. "Our momentum is undeniable," said Dr. Alan Baratz, CEO of D-Wave. "From our commercial traction to substantive product advancements, from our ground-breaking scientific milestones to new strategic partnerships — we believe all these achievements are propelling us

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023 on Thursday, March 28 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, March 28, 2024, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-267-6316 (domestic) or 1-203-518-9783 (international). Participating in the call will be Chi

Revenue of $2.6 Million, up 50% Sequentially from Q2 Commercial Revenue up 62% Year-Over-Year Total Bookings of $2.9 Million $53.3 Million Cash Balance – Highest in Company's History D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its fiscal third quarter ended September 30, 2023. "We believe that this is a pivotal moment in quantum computing, as D-Wave leads the industry's transformative shift from research and developmental experimentation to true delivery of quantum's enterprise value and utility. Our annealing quantum computing solutions are driving real busin

D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the third quarter ended September 30, 2023 on Thursday, November 9 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, November 9, 2023, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-908-9179 (domestic) or 1-312-281-1211 (international). Participating in the call will be Chief Executive Officer Alan Ba

Revenue of $1.8 million Total Bookings of $2.5 million Cash Balance in excess of $50 million D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its fiscal second quarter ended June 30, 2023. "Our second quarter results reflect, we believe, growing enterprise commitment to and investment in practical quantum computing solutions that can address their complex operational challenges today. Our triple-digit increases in bookings and average deal size on a year-over-year basis are evidence, in our opinion, of forward-looking organizations prioritizing quantum as part of t

D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the second quarter ended June 30, 2023 on Thursday, August 10 before market open. Previously, D-Wave had scheduled the release of its financial results after market close on the same date, August 10th. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, August 10, 2023, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-888-999-53

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in commercial quantum computing systems, software, and services, today announced select unaudited preliminary financial results for its fiscal second quarter ended June 30, 2023. All references in this press release related to revenue and bookings are approximate and estimated due to the preliminary nature of the announcement and are subject to normal quarter-end accounting review. 2023 Second Quarter Preliminary Revenue Preliminary fiscal second quarter revenue is expected to be in a range of $1,650,000 to $1,800,000 compared with the FactSet analyst consensus estimate of $2,281,000 with the shortfall due primarily t

Revenue of $1.6 million Total Bookings of $2.9 million Research published in Nature shows computational advantage of D-Wave's quantum computer, proving quantum dynamics speedup over classical on a set of complex problems D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its first quarter ended March 31, 2023. "Our first quarter results reflect our continued measured progress across key business initiatives including commercial customer adoption, production-readiness efforts, product development and scientific advancements," said Dr. Alan Baratz, CEO of D-Wave. "

D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services, and the only quantum computing company building commercial annealing quantum computing systems and developing gate-model quantum computing systems, today announced it will release its financial results for the first quarter ended March 31, 2023 on Friday, May 19 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Friday, May 19, 2023, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in numb

 Q4 revenue up 41% over Q3 Number of commercial customers increased by 18% to 67 during fiscal 2022 Closes $50 million four-year term loan D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in quantum computing systems, software, and services, and the only commercial provider building both annealing and gate-model quantum computers, today announced financial results for its fourth quarter and fiscal year ended December 31, 2022. "We believe our fourth quarter and 2022 year-end results reflect a clear signal: companies are rapidly embracing today's quantum technology solutions to drive competitive advantage, now. In this complex economic environment, business leade

D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services, and the only quantum computing company building commercial annealing quantum computing systems and developing gate-model quantum computing systems, today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2022 on Friday, April 14 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Friday, April 14, 2023, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outloo

D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services, and the only quantum computing company building commercial annealing quantum computing systems and developing gate-model quantum computing systems, today announced it is moving its earnings date for fourth quarter and fiscal year 2022 results to the week of April 10, 2023. D-Wave is changing the date of the earnings press release and conference call to coincide with the delayed filing of its Form 10-K. The new date of the earnings press release and conference call is forthcoming and will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. About D-Wave Quantum Inc. D

D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services, and the only quantum computing company building commercial annealing quantum computing systems and developing gate-model quantum computing systems, announced today it will release its financial results for the fourth quarter and fiscal year 2022 ended December 31, 2022 on Thursday, March 30, 2023 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, March 30, 2023, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and b

Q3 Revenue up 30% Year-Over-Year Number of commercial customers increased by 34% to 63 during the first nine months of fiscal 2022 D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in quantum computing systems, software, and service, and the only provider building both annealing and gate-model quantum computers, today announced financial results for its third quarter ended September 30, 2022. "Our third quarter results reflect continued progress in our mission to help customers realize real value by using quantum computing for practical business applications, today. The era of commercialized quantum computing is here, and that is evident in the momentum we're seeing i

D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services, and the only company building both annealing and gate-based quantum computers, announced today it will release its financial results for the third quarter ended September 30, 2022 on Thursday, November 10, 2022 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call at 8:00 a.m. (Eastern Time) on Thursday, November 10, 2022 to discuss the Company's financial results and business outlook. The live dial-in number is 1-877-300-8521 (domestic) or 1-412-317-602

 Completed transaction with DPCM Capital, Inc. and began trading as a public company listed on the NYSE on August 8, 2022 Continued expansion of commercial footprint with over 55 commercial customers, representing a year-over-year increase of 44%, during the Second Quarter D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in quantum computing systems, software, and service, and the only provider building both annealing and gate-model quantum computers, today announced financial results of its wholly-owned operating subsidiary, D-Wave Systems Inc. ("D-Wave Systems"), and a business update for its second quarter ended June 30, 2022. "We are pleased to report our first q

D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, and the only company building both quantum annealing and gate-based quantum computers, announced today it will release its financial results for the second quarter ended June 30, 2022 on Tuesday, August 16, 2022 after market close. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Tuesday, August 16, 2022, at 4:30 p.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-877-407-3982