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D-Wave Quantum Inc

52,182
Mkt Cap
$8.9B
Volume
5.03M
52W High
$46.75
52W Low
$10.36
PE Ratio
-21.82
QBTS Fundamentals
Price
$24.03
Prev Close
$22.57
Open
$22.20
50D MA
$17.99
Beta
2.88
Avg. Volume
31.71M
EPS (Annual)
-$1.11
P/B
10.12
Rev/Employee
$63,368.56
$7,558.41
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Earnings Recap

• 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.

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