D-Wave Quantum Inc. (QBTS)

NYSE · Broad Market

Latest Move · 2026-02-24

+1.33%
D-Wave treads water ahead of Thursday's earnings as quantum peers drift higher

D-Wave Quantum Inc. (QBTS) stock rose 1.3% following several recent developments. The company joined the Southeastern Quantum Collaborative as an inaugural member alongside universities, IBM, and Davidson Technologies to advance quantum information science and workforce development in the Southeast. D-Wave will support training through a hosted Advantage2 system at Davidson Technologies in Huntsville. The company recently signed several meaningful new contracts, including a Fortune 100 contract that signals enterprise adoption. D-Wave serves over 100 organizations across commercial, government, and research sectors and operates its Leap quantum cloud service with 99.9% availability. The company is scheduled to release its fourth quarter and full fiscal year 2025 financial results on February 26, 2026, before market open, with a conference call at 8:00 a.m. Eastern Time featuring CEO Dr. Alan Baratz and CFO John Markovich.

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Previous Move

+3.13%
Quantum peers lift D-Wave two days ahead of pivotal earnings report
2026-02-24

Frequently Asked Questions

Why did D-Wave Quantum Inc. stock move today?

D-Wave Quantum Inc. (QBTS) stock rose 1.3% following several recent developments. The company joined the Southeastern Quantum Collaborative as an inaugural member alongside universities, IBM, and Davidson Technologies to advance quantum information science and workforce development in the Southeast. D-Wave will support training through a hosted Advantage2 system at Davidson Technologies in Huntsville. The company recently signed several meaningful new contracts, including a Fortune 100 contract that signals enterprise adoption. D-Wave serves over 100 organizations across commercial, government, and research sectors and operates its Leap quantum cloud service with 99.9% availability. The company is scheduled to release its fourth quarter and full fiscal year 2025 financial results on February 26, 2026, before market open, with a conference call at 8:00 a.m. Eastern Time featuring CEO Dr. Alan Baratz and CFO John Markovich.

What does D-Wave Quantum Inc. do?

D-Wave Quantum is the only company offering both quantum annealing and gate-model quantum computing systems, serving over 100 organizations through its Leap cloud platform. It recently completed a $550 million acquisition of Quantum Circuits and signed a $10 million quantum-computing-as-a-service contract with a Fortune 100 company, though insider selling and a steep decline from its $46.75 high have tempered enthusiasm. Thursday's pre-market earnings release will be the first detailed financial update since both deals, making it a pivotal moment for the stock's trajectory.

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