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D-Wave Quantum Inc. (QBTS) is a technology company in the enterprise computing hardware industry, based in Palo Alto, United States, with about 382 full-time employees.
It reported revenue of $24.59 million for fiscal year 2025, up 178.5% from fiscal year 2024, and net income of -$355.06 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $3.08 million, down 0.6% from a year before. Germany was its largest region in fiscal year 2025, with 68% of revenue. Its market capitalization was $5.53 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide.
D-Wave Quantum reported $24.59 million in revenue for fiscal year 2025, up 178.5% from $8.83 million in fiscal year 2024. In Q2 2026 revenue was $3.08 million.
Germany: 68% of revenue by region in fiscal year 2025, followed by United States (11%).
$5.53 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (enterprise computing hardware) include IonQ, Inc. (IONQ), Rigetti Computing, Inc. (RGTI), Quantum Computing Inc. (QUBT), Spectral Capital Corporation (FCCN).