Finance

Lists
Q3 2026 earnings • released • EPS miss -30.00% • Revenue beat +4.06%
See results
QBTS:NASDAQ
D-Wave Quantum Inc
$9.66
-1.88%
(-0.19) 1D
Nov 13, 3:44:20 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for QBTS...
Open
$9.82
High
$9.83
Low
$9.28
Mkt. cap
3.64B
Avg. vol.
15.64M
Volume
8.72M
52-wk high
$32.39
52-wk low
$8.48
EPS
-$0.43
Beta
3.08
Shares outstanding
376.45M
No. of employees
385
Open
$9.82
High
$9.83
Low
$9.28
Mkt. cap
3.64B
Avg. vol.
15.64M
Volume
8.72M
52-wk high
$32.39
52-wk low
$8.48
EPS
-$0.43
Beta
3.08
Shares outstanding
376.45M
No. of employees
385
News stories
From web sources and news partners
Profile
D-Wave Quantum Inc. is a quantum computing company with locations in Palo Alto, California and Burnaby, British Columbia. D-Wave claims to be the world's first company to sell computers that exploit quantum effects in their operation. D-Wave's early customers include Lockheed Martin, the University of Southern California, Google/NASA, and Los Alamos National Laboratory. D-Wave does not implement a generic, universal quantum computer; instead, their computers implement specialized quantum annealing. Wikipedia
About D-Wave Quantum Inc
CEOAlan Baratz
Employees385
Founded1999
HeadquartersPalo Alto, California, United States
SectorInformation Technology
IndustryApplication software
Analyst ratings
Based on 11 analysts giving stock ratings to QBTS in the past 3 months
Strong buy
Buy
11
Hold
0
Sell
0
12-month forecast
Based on 11 Wall Street analysts offering 12 month price targets for QBTS in the last 3 months.
Highest
Current $9.66
$35.00 (+262.51%)
Average
$26.55 (+174.99%)
Lowest
$18.00 (+86.43%)
Analyst
Recommendation
Action
Price target
Projected
Date
Kingsley Crane
Canaccord Genuity
Buy
Reiterated
$31.00
+221.1%
11/11/2026
Richard Shannon
Craig-Hallum
Buy
Maintained
$18.00
+86.4%
11/11/2026
Mark Lipacis
Evercore ISI
Buy
Maintained
$27.00
+179.6%
11/11/2026
Harsh Kumar
BMO Capital
Buy
Reiterated
$35.00
+262.5%
11/11/2026
Vijay Rakesh
Mizuho Securities
Buy
Maintained
$23.00
+138.2%
11/11/2026
John McPeake
Rosenblatt Securities
Buy
Maintained
$30.00
+210.7%
11/11/2026
Ruben Roy
Stifel Nicolaus
Buy
Maintained
$23.00
+138.2%
11/11/2026
Kevin Garrigan
Jefferies
Buy
Maintained
$33.00
+241.8%
11/11/2026
Suji Desilva
Roth MKM
Buy
Maintained
$20.00
+107.1%
11/10/2026
Craig Ellis
B. Riley Securities
Buy
Reiterated
$22.00
+127.9%
11/11/2026
Matt Bryson
Wedbush
Buy
Reiterated
$30.00
+210.7%
11/05/2026
Unknown Analyst
BMO Capital
Buy
Initiated
$35.00
+262.5%
08/20/2026
Nehal Chokshi
Northland Securities
Hold
Reiterated
$22.00
+127.9%
08/07/2026
Troy Jensen
Cantor Fitzgerald
Buy
Reiterated
$40.00
+314.3%
08/06/2026
Krish Sankar
TD Cowen
Buy
Maintained
-
-
08/06/2026
Quinn Bolton
Needham
Buy
Reiterated
$40.00
+314.3%
08/06/2026
Gary Mobley
StoneX
Buy
Initiated
$30.00
+210.7%
07/26/2026
Last report
Nov 10, 2026
Fiscal period
Q3 2026
-$0.13 / -$0.10
-30.00%miss
Revenue / Est. (USD)
4.51M / 4.34M
+4.06%beat
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
2.75M
2.86M
3.08M
4.51M
Cost of goods sold
968.00K
1.04M
1.37M
-
Cost of revenue
968.00K
1.04M
1.37M
-
Research and development expenses
13.68M
25.79M
28.24M
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
22.95M
30.75M
26.74M
-
Operating expense
36.62M
56.54M
54.98M
-
Total operating expenses
37.59M
57.58M
56.35M
-
Operating income
-34.84M
-54.73M
-53.28M
-
Other non operating income
-31.11M
512.00K
485.00K
-
EBT including unusual items
-42.33M
-46.81M
-48.02M
-
EBT excluding unusual items
-41.32M
-48.69M
-48.02M
-
Income tax expense
-
-28.45M
8.00K
-
Effective tax rate
-
60.78%
-0.02%
-
Other operating expenses
-
-
-
-
Net income
-42.33M
-18.36M
-48.03M
-
Net profit margin
-1,538.01%
-642.30%
-1,561.38%
-1,067.96%
Earnings per share
-0.09
-0.05
-0.13
-0.13
Interest and investment income
23.92M
5.78M
5.03M
-
Interest expense
-3.38M
-259.00K
-255.00K
-
Net interest expenses
20.54M
5.53M
4.77M
-
Depreciation and amortization charges
-
-
-
-
EBITDA
-34.36M
-50.92M
-48.54M
-
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
Page 1
Upcoming events
AI content may include mistakes. Learn more
Google apps