Welcome to our dedicated page for D Wave Quantum SEC filings (Ticker: QBTS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The D-Wave Quantum Inc. (QBTS) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including Form 8-K current reports and other key documents filed with the U.S. Securities and Exchange Commission. These filings offer detailed information on material events, financial results, capital markets actions, and significant agreements that shape D-Wave’s quantum computing business.
For QBTS, recent Form 8-K filings describe topics such as quarterly financial results, the completion and reminder of public warrant redemptions, and the related Form 25 filing that removed the company’s warrants from listing and registration on the New York Stock Exchange while the common stock continues to trade under the QBTS symbol. Other 8-Ks cover the formation of a U.S. government business unit, providing insight into D-Wave’s focus on government and defense applications.
Filings also document technology and strategic milestones, including announcements of the Qubits 2026 user conference, breakthroughs in scalable on-chip cryogenic control of gate-model qubits, and the Agreement and Plan of Merger to acquire Quantum Circuits, Inc. The merger agreement filing outlines transaction terms, consideration structure, closing conditions, and related lock-up arrangements for key employees.
On Stock Titan, these SEC filings are paired with AI-powered summaries that help explain the significance of each document in clear language. Users can quickly see the core points of lengthy 8-Ks, identify items related to capital structure changes, technology developments, or business strategy, and then open the full filing text for deeper review. This makes it easier to follow QBTS disclosures over time, compare events across filings, and understand how D-Wave’s quantum computing initiatives are reflected in its official regulatory record.
D-Wave Quantum Inc. director John D. DiLullo reported an open-market sale of 8,000 shares of common stock at a weighted average price of $18.0122 per share. The sale occurred automatically under a pre-established Rule 10b5-1 trading plan adopted on June 15, 2025.
These shares were sold in multiple trades at prices ranging from $17.31 to $18.825. After the transaction, DiLullo directly holds 19,803 shares, which include 14,260 shares underlying unvested restricted stock units.
D-Wave Quantum Inc. files its annual report describing a fast-growing, but still loss-making, quantum computing business built around commercial deployments. The company focuses on annealing quantum systems for optimization problems and is also developing gate-model systems, positioning itself as a dual-platform provider.
D-Wave delivers its technology mainly through its Leap cloud service, quantum‑classical hybrid solvers that can handle up to two million variables, and sales of on‑premises Advantage2 systems with more than 4,400 qubits and 20‑way connectivity. Customers span manufacturing, retail, logistics, finance, life sciences, telecom, and the public sector, with multiple examples already in production.
The report highlights significant risks, including a history of losses, the need for additional capital, strong global competition, cybersecurity threats, and intellectual property challenges. It also describes the January 2026 acquisition of Quantum Circuits, Inc., intended to accelerate development of scaled, error‑corrected superconducting gate‑model quantum computers.
D-Wave Quantum Inc. reported a strong step-up in scale for 2025, with revenue of
The company ended 2025 with record liquidity, holding
GAAP net loss widened to
Nguyen Diane reported acquisition or exercise transactions in this Form 4 filing.
D-Wave Quantum Inc. executive Diane Nguyen, EVP, Chief Legal Officer & General Counsel, reported an equity award of 28,068 shares of Common Stock in the form of restricted stock units. The award was granted at a price of $0.0000 per share as part of her compensation.
The 28,068 RSUs each represent the right to receive one share of Common Stock and will vest in equal quarterly installments beginning on May 19, 2026 through February 19, 2030, conditioned on her continued service with the company. Following this grant, Nguyen directly holds 566,206 shares, which include 229,739 shares of unvested RSUs.
D-Wave Quantum Inc. filed a current report describing that it has joined the Southeastern Quantum Collaborative as an inaugural member. The group includes The University of Alabama in Huntsville, Davidson Technologies, IBM and Alabama A&M University and is focused on advancing quantum information science across the U.S. Southeast.
The Collaborative aims to build a quantum-ready workforce and translate quantum technologies into practical capabilities for sectors such as defense, logistics, energy and advanced manufacturing. D-Wave highlights that a D-Wave system already hosted at Davidson’s Huntsville, Alabama headquarters positions it to support regional workforce development and mission-focused quantum applications.
The attached press release also reiterates D-Wave’s broader business, including its dual-platform quantum computing offerings, enterprise-grade systems delivered on-premises and via its Leap cloud service, which is described as providing 99.9% availability and uptime for commercial, government and research customers.
Nguyen Diane reported open-market sale transactions in a Form 4 filing for QBTS. The filing lists transactions totaling 1,451 shares at a weighted average price of $19.76 per share. Following the reported transactions, holdings were 538,138 shares.
D-Wave Quantum Inc. insider Diane Nguyen has filed a Form 144 notice to sell common stock. The notice covers a planned sale of 1,451 shares of common stock through J.P. Morgan Securities LLC on the NYSE, with an aggregate market value of
The filing also reports that Nguyen acquired 6,250 common shares on
D-Wave Quantum Inc. entered into a new enterprise agreement valued at $10 million over two years to provide Quantum Computing as a Service (QCaaS) to a leading Fortune 100 company. The parties plan to work together to build and deploy several applications that use D-Wave’s annealing-based quantum technology for real-world business problems. D-Wave’s CEO, Dr. Alan Baratz, described the deal as a significant milestone in the company’s enterprise adoption and impact, underscoring growing commercial interest in its quantum solutions.
D-Wave Quantum Inc. used a current report to highlight new commercial, technology, and strategic milestones rather than financial results. The company announced that Florida Atlantic University agreed to purchase and install an Advantage2 annealing quantum computer in Boca Raton under a $20 million commitment, supporting Florida’s quantum computing ambitions and a broader education and workforce partnership, subject to Florida public-entity requirements.
D-Wave also described a defense-focused collaboration with Davidson Technologies and Anduril, where its Stride hybrid solver on Advantage2 delivered at least 10x faster time-to-solution, a 9–12% improvement in threat mitigation, and the ability to intercept 45–60 additional missiles in a 500-missile attack simulation versus a classical-only approach. The company outlined enhancements to its annealing platform, including Stride support for surrogate modeling, fast-reverse anneal, and multicolor annealing, and said it is accelerating development of a superconducting gate-model system targeting initial market availability in 2026.
Finally, D-Wave selected Boca Raton, Florida as its new corporate headquarters and key U.S. R&D hub, planning to move from Palo Alto before the end of 2026 while maintaining a distributed North American footprint.