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QBTSNasdaqServices-Computer Processing & Data PreparationFiscal year ends December 31

D-Wave Quantum Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$11.83+0.05 (+0.42%)

Close on Oct 19, 2026

Market cap
$4.39B
P/E (TTM)
–
Dividend yield
–

About D-Wave Quantum

Services-Computer Processing & Data Preparation, SIC 7374

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services to help organizations address complex computational challenges. As a dual-platform provider, the company offers commercial annealing quantum computing systems, including the Advantage2, and develops superconducting gate-model quantum computers. Its core offerings include the Leap quantum cloud service, hybrid quantum-classical solvers like Stride, and the Ocean software development kit, alongside professional onboarding and implementation services. D-Wave generates revenue through cloud access via quantum computing as a service, professional services, and sales of on-premises hardware. The company serves enterprise, academic, and government customers across diverse industries such as manufacturing, retail, logistics, financial services, life sciences, and defense.

D-Wave provides broad international access to its technology, delivering its cloud-based Leap service across 42 countries. Customers and partner organizations span regions including Canada, the United States, Japan, Turkey, and Europe, while its on-premises systems and cloud offerings support international enterprises, research centers, and public institutions. The provided text does not state the company's headquarters location.

Summary of the business section of D-Wave Quantum's latest annual report, written by StockData.

Company profile

Company

Legal name
D-Wave Quantum Inc.
Founded
1999
Headquarters
Palo Alto, CA
Address
2650 East Bayshore Road 94303
Phone
(650) 285-2881
Employees
388, Dec 31, 2025
Industry
Services-Computer Processing & Data Preparation
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Grant Thornton LLP, Bellevue, Washington

Stock & identifiers

Ticker
QBTS
Exchange
Nasdaq
Shares outstanding
369M, Aug 5, 2026
Public float
$4.93B, Jun 30, 2025
Filer category
Non-accelerated filer
SEC CIK
1907982
CUSIP
26740W109
ISIN
US26740W1099
LEI
5493001U37G4PRD4GW95
EIN
00-0000000

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Alan E. BaratzPresident & CEO, Director3,247,451
Gregory GolkovActing CFO & SVP, Finance426,872
Sophie C. AmesExec. Vice President & CHRO563,615
Diane NguyenEVP, Chief Legal Officer & GC503,302
Stanley T. BlackExec. Vice President & CISO133,278
John M. MarkovichChief Financial Officer1,123,629
John D. DiLulloDirector20,210
Rohit GhaiDirector23,617
Roger BiscayDirector23,617
Sharon E. HoltDirector84,696
Steven M. WestDirector148,116
Kirstjen NielsenDirector122,030

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Dr. Baratz
$5.17M$30.93M$2.21M$1816–
FY2024
Dr. Baratz
$1.72M$8.39M$1.02M$667–
FY2023
Dr. Baratz
$1.05M-$587.13K$533.50K$58–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of February 5, 2026, we had approximately 388 employees across our systems, software, sales, marketing, and corporate teams, including 382 full-time employees (including employees who joined D-Wave as a result of the acquisition of Quantum Circuits).”

Corporate history

Events identified from SEC filings