Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services. Their offerings include Advantage, a pioneering fifth-generation quantum computer, and Launch, an onboarding service designed for quantum computing adoption. The company also provides Ocean, a comprehensive suite of open-source programming tools. Furthermore, Leap is a cloud-based service that enables real-time interaction with a live quantum computer. This service further provides access to Advantage, along with hybrid problem-solving tools, the Ocean Software Development Kit, live code samples, demonstrations, learning resources, and a vibrant developer community. Additionally, D-Wave provides a dedicated "D-Wave Launch" professional service, guiding enterprises from initial problem identification through to production deployment of quantum applications. Their quantum solutions are leveraged across various domains such as artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. They serve industries including manufacturing, logistics, financial services, and life sciences, among others. D-Wave Quantum Inc. is headquartered in Burnaby, Canada.
CEO: Alan E. Baratz. Company website
D-Wave Quantum Inc. (QBTS) trades at $17.11, down 3.28% on the day, as of Sep 20, 2026 14:59 UTC.
D-Wave Quantum Inc. has a market capitalisation of $6.28B, calculated from the live QBTS share price and shares outstanding.
QBTS has no meaningful price-to-earnings ratio: D-Wave Quantum Inc. lost $0.71 per share over the last twelve months, and a P/E is only defined on positive earnings.
D-Wave Quantum Inc. generated revenue of $12.43M over the trailing twelve months, which puts the stock at 505.75 times sales.
QBTS has traded between $12.75 and $46.75 over the past 52 weeks, and the last price is 63.4% below that high.
No. D-Wave Quantum Inc. is loss-making, with a net margin of -2,001.59% over the trailing twelve months.
Wall Street analysts rate QBTS Buy, with an average price target of $34.38, 100.9% above the current price.
D-Wave Quantum Inc. is classified under the Technology sector and the Computer Hardware industry, and is domiciled in US.
Alan E. Baratz is the chief executive of D-Wave Quantum Inc., which employs 385 people.
QFI Terminal shows QBTS with live charts, full financials, the options chain with gamma exposure, institutional ownership and analyst ratings on one screen. The free plan has no time limit and asks for no card.
Interactive charts, full financials, options chain, gamma exposure, ownership and analyst ratings, all in one institutional-grade terminal.
Open QBTS in Terminal See plans