• Reported GAAP EPS of -$0.05 down -150.00% YoY • Reported revenue of $2.86M down -80.95% YoY
Bullish
D-Wave Quantum Inc. achieved record Q1 2026 bookings of $33.4M and a $588.4M cash position. Strategic acquisitions, technology integration, and partnerships with FAU and Shionogi are advancing D-Wave's market position.
Bearish
D-Wave Quantum Inc. faced an 81% revenue decrease and an 87% GAAP gross profit decline in Q1 2026, increasing net and EBITDA losses. Long development timelines for quantum utility also present a structural challenge for D-Wave.