About D-Wave Quantum Inc.
https://www.dwavesys.comD-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide.
CEO
Alan E. Baratz
Compensation Summary
(Year 2023)
ETFs Holding This Stock
Summary
Showing Top 3 of 128
Ratings Snapshot
Rating : C-
Most Recent Analyst Grades
Benchmark
Buy
Canaccord Genuity
Buy
Rosenblatt
Buy
B. Riley Securities
Buy
Roth Capital
Buy
Needham
Buy
Grade Summary
Showing Top 6 of 10
Price Target
Institutional Ownership
VANGUARD GROUP INC
Shares:38.45M
Value:$1.16B
BLACKROCK, INC.
Shares:26.2M
Value:$789.97M
D. E. SHAW & CO., INC.
Shares:13.65M
Value:$411.5M
Summary
Showing Top 3 of 470
About D-Wave Quantum Inc.
https://www.dwavesys.comD-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $3.74M ▲ | $30.41M ▲ | $-139.99M ▲ | -3.74K% ▲ | $-0.41 ▲ | $-139.42M ▲ |
| Q2-2025 | $3.1M ▼ | $28.48M ▲ | $-167.33M ▼ | -5.41K% ▼ | $-0.57 ▼ | $-166.62M ▼ |
| Q1-2025 | $15M ▲ | $25.17M ▲ | $-5.42M ▲ | -36.14% ▲ | $-0.02 ▲ | $-4.64M ▲ |
| Q4-2024 | $2.31M ▲ | $21.7M ▲ | $-86.08M ▼ | -3.73K% ▼ | $-0.37 ▼ | $-85.09M ▼ |
| Q3-2024 | $1.87M | $21.68M | $-22.71M | -1.21K% | $-0.11 | $-21.08M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $836.23M ▲ | $865.82M ▲ | $195.27M ▲ | $670.55M ▼ |
| Q2-2025 | $819.31M ▲ | $843.6M ▲ | $149.35M ▲ | $694.25M ▲ |
| Q1-2025 | $304.32M ▲ | $325.6M ▲ | $118.21M ▼ | $207.39M ▲ |
| Q4-2024 | $177.98M ▲ | $199.85M ▲ | $137.21M ▲ | $62.65M ▲ |
| Q3-2024 | $29.27M | $49.56M | $66.48M | $-16.91M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-139.99M ▲ | $-19.05M ▼ | $-1.21M ▼ | $37.08M ▼ | $16.92M ▼ | $-20.06M ▼ |
| Q2-2025 | $-167.33M ▼ | $-15.29M ▲ | $141K ▲ | $529.35M ▲ | $514.99M ▲ | $-16.04M ▲ |
| Q1-2025 | $-5.42M ▲ | $-19.28M ▼ | $-498K ▲ | $145.62M ▼ | $126.34M ▼ | $-19.72M ▼ |
| Q4-2024 | $-86.08M ▼ | $2.02M ▲ | $-963K ▼ | $147.56M ▲ | $148.71M ▲ | $1.05M ▲ |
| Q3-2024 | $-22.71M | $-18.07M | $-369K | $7.01M | $-11.59M | $-18.44M |
Revenue by Products
| Product | Q4-2024 | Q3-2025 | Q2-2025 | Q1-2025 |
|---|---|---|---|---|
 Product and Service Other | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Professional Services | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 System Sales | $0 ▲ | $0 ▲ | $0 ▲ | $10.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q3-2025 | Q2-2025 | Q1-2025 |
|---|---|---|---|---|
 CANADA | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 GERMANY | $0 ▲ | $0 ▲ | $0 ▲ | $10.00M ▲ |
 JAPAN | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Other Geographical Areas | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 SWITZERLAND | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 UNITED KINGDOM | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 UNITED STATES | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
CEO
Alan E. Baratz
Compensation Summary
(Year 2023)
ETFs Holding This Stock
Summary
Showing Top 3 of 128
Ratings Snapshot
Rating : C-
Most Recent Analyst Grades
Benchmark
Buy
Canaccord Genuity
Buy
Rosenblatt
Buy
B. Riley Securities
Buy
Roth Capital
Buy
Needham
Buy
Grade Summary
Showing Top 6 of 10
Price Target
Institutional Ownership
VANGUARD GROUP INC
Shares:38.45M
Value:$1.16B
BLACKROCK, INC.
Shares:26.2M
Value:$789.97M
D. E. SHAW & CO., INC.
Shares:13.65M
Value:$411.5M
Summary
Showing Top 3 of 470