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 2024)
Salary $575,000
Stock Awards $630,000
Incentive Plan Pay $517,500
Total Compensation $1,722,500
Industry Computer Hardware
Sector Technology
Went public December 11, 2020
Method of going public SPAC
Full time employees 215
Price Target
Target High $0
Target Low $0
Target Median $0
Target Consensus $0
Institutional Ownership
CLEAR STREET LLC
Shares:455.3K
Value:$9.84M
HUDSON BAY CAPITAL MANAGEMENT LP
Shares:427.21K
Value:$9.24M
CAPTION MANAGEMENT, LLC
Shares:374.56K
Value:$8.1M
Summary
% Of Shares Owned 0.50%
Total Number Of Holders 16
Showing Top 3 of 16
Market Cap $7.50 B
52w High $35.42
52w Low $20.72
P/E 0
Volume 307.77K
Outstanding Shares 346.72M
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 | Q3-2024 | Q4-2024 | Q1-2025 | Q2-2025 |
|---|---|---|---|---|
 Product and Service Other | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Professional Services | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 System Sales | $0 ▲ | $0 ▲ | $10.00M ▲ | $0 ▼ |
Revenue by Geography
| Region | Q3-2024 | Q4-2024 | Q1-2025 | Q2-2025 |
|---|---|---|---|---|
 CANADA | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 GERMANY | $0 ▲ | $0 ▲ | $10.00M ▲ | $0 ▼ |
 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 2024)
Salary $575,000
Stock Awards $630,000
Incentive Plan Pay $517,500
Total Compensation $1,722,500
Industry Computer Hardware
Sector Technology
Went public December 11, 2020
Method of going public SPAC
Full time employees 215
Price Target
Target High $0
Target Low $0
Target Median $0
Target Consensus $0
Institutional Ownership
CLEAR STREET LLC
Shares:455.3K
Value:$9.84M
HUDSON BAY CAPITAL MANAGEMENT LP
Shares:427.21K
Value:$9.24M
CAPTION MANAGEMENT, LLC
Shares:374.56K
Value:$8.1M
Summary
% Of Shares Owned 0.50%
Total Number Of Holders 16
Showing Top 3 of 16