Welcome to our dedicated page for D Wave Quantum news (Ticker: QBTS), a resource for investors and traders seeking the latest updates and insights on D Wave Quantum stock.
D-Wave Quantum Inc. reports developments in commercial quantum computing systems, software and services. The company provides dual-platform quantum computing across annealing and gate-model technologies, with enterprise-grade systems available on premises and through its Leap™ quantum cloud service.
Recurring D-Wave news covers technology roadmaps, scientific presentations, hybrid quantum software, quantum artificial intelligence, customer adoption and Quantum Computing as a Service agreements. Company updates also address applications in logistics, manufacturing, life sciences, defense, scheduling, materials science, fault detection and financial modeling, along with financial results, investor events and quantum-industry conferences.
D-Wave Quantum (NASDAQ: QBTS) reported Q2 2026 revenue of $3.1 million, essentially flat year over year, with 62.4% from commercial customers and 47.7% from Forbes Global 2000 clients. Q2 bookings rose 59% to $2.1 million, while first-half 2026 bookings surged 1,120% to $35.5 million, including a $20 million system sale.
First-half 2026 revenue fell 67% to $5.9 million due to a large 2025 system sale comparison. Remaining performance obligations reached $40.7 million, up 668%, with most expected to convert to revenue within two years. Operating expenses more than doubled as D-Wave invested in product development, Quantum Circuits integration, and go-to-market efforts, increasing adjusted EBITDA losses but narrowing GAAP net loss mainly via lower non-cash warrant-related charges. The company also highlighted dual-platform roadmap milestones, a Nature-published gate-model breakthrough, an NSF grant of about $1.6 million, additional U.S. defense-related funding, and new enterprise and research customer wins.
D-Wave Quantum (Nasdaq: QBTS) announced peer-reviewed results in Nature showing a fast, high-fidelity two-qubit entangling gate for its superconducting dual-rail gate-model quantum architecture. The gate achieves about 99.9% fidelity with ~500-nanosecond operation times while preserving native hardware-level error detection.
According to D-Wave, simulations indicate the dual-rail design could cut logical error rates by up to a factor of 10 for each increment in error correction, substantially reducing physical qubit overhead. The work underpins a roadmap targeting by 2032 a 100-logical-qubit system capable of more than 1 million operations, supporting the company’s path toward scalable, commercial fault-tolerant gate-model quantum computing.
D-Wave Quantum (NASDAQ: QBTS) and Nasdaq Verafin announced an agreement to evaluate the use of quantum computing to enhance financial crime detection. The collaboration starts with a proof-of-concept using D-Wave’s annealing-based quantum-hybrid technology to support machine-learning systems identifying unusual behaviors linked to fraud, scams, and money laundering.
Nasdaq Verafin will use D-Wave’s systems to examine complex relationships in account activity, transaction patterns, and counterparty networks, analyzing hundreds of potential data signals to help strengthen predictive models for detecting unusual account behavior, with potential expansion to pilot applications.
AT&T (NYSE:T) has signed an agreement to expand its use of D-Wave Quantum (NASDAQ:QBTS) computing technology to tackle complex optimization challenges across AT&T’s network operations. AT&T initially plans to layer D-Wave’s annealing quantum systems into tools that power its agentic AI solutions, which the company reports reduced customer downtime by 12 million hours in 2025.
In early work, AT&T used D-Wave technology to cut processing time for a network optimization workload from about one hour to under 15 seconds. AT&T intends to explore broader applications, including outage detection and response, technician routing, network build planning, and traffic management, and is also evaluating D-Wave’s forthcoming gate-model systems for potential use in quantum security and communications.
D-Wave Quantum (NYSE: QBTS) will release its financial results for the second quarter of 2026, ended June 30, 2026, on Thursday, August 6, 2026, before market open. The release and related materials will be available on the D-Wave Investor Relations website.
D-Wave will host a conference call on August 6, 2026 at 8:00 a.m. Eastern Time to discuss financial results and business outlook. Chief Executive Officer Dr. Alan Baratz and Chief Financial Officer John Markovich are scheduled to participate.
D-Wave Quantum (QBTS) will voluntarily transfer the listing of its common stock from the New York Stock Exchange to Nasdaq. The move becomes effective after market close on July 24, 2026, with trading on Nasdaq expected to begin July 27, 2026 under the same ticker, QBTS. According to the company, D-Wave has met all Nasdaq listing requirements and anticipates no disruption to trading during the transition.
D-Wave Quantum (NYSE: QBTS) was named one of only two companies in the Leaders category of the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment.
IDC highlighted D-Wave’s broad production deployments, Leap cloud platform, rapidly growing Advantage2 and Stride usage, and dual-platform roadmap spanning quantum annealing and gate-model systems with milestones targeted through 2032.
D-Wave Quantum (NYSE: QBTS) was selected to receive a $1,566,250 NSF grant under the National Quantum Virtual Laboratory program. The funding supports D-Wave’s role in the ERASE project, advancing dual-rail gate-model quantum hardware, software, and error correction to enable scalable, fault-tolerant quantum computing and bolster U.S. quantum leadership.
D-Wave Quantum (NYSE: QBTS) announced a forthcoming gate-model quantum computing simulator designed for error-aware programming, based on its dual-rail technology.
The simulator, expected to support up to 21 qubits, will be available via the Leap cloud platform in September 2026, with access sold through new Starter and Premium quantum development bundles.
D-Wave Quantum (NYSE:QBTS) announced it has been certified as a Great Place To Work for 2026. The recognition is based entirely on employee survey feedback assessing trust, respect, credibility, fairness, pride and camaraderie.
The award highlights D-Wave’s culture as it scales its workforce and advances quantum computing commercialization.