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.
D-Wave Quantum Inc. filings document the regulatory record for a public quantum computing company that develops annealing and gate-model systems, software and services. The company’s Form 8-K disclosures include operating results, financial-condition updates, investor presentations, Regulation FD announcements, customer and collaboration developments, user conferences and product or technical updates.
Proxy and governance filings cover board matters, executive compensation, equity awards and shareholder voting items. Other material-event filings describe compensation arrangements, the company’s equity incentive plan, subsidiary agreements and formal disclosures tied to its commercial quantum computing business.
D-Wave Quantum Inc. director Sharon E. Holt received a grant of 9,357 restricted stock units (RSUs), each representing one share of Common Stock. The RSUs will vest on May 31, 2027, subject to her continued service with the company. Following this equity award, Holt directly holds a total of 84,696 shares and RSUs, including 9,357 unvested RSUs. This is a compensation-related, non-cash acquisition rather than an open-market stock purchase.
WEST STEVEN M reported acquisition or exercise transactions in this Form 4 filing.
D-Wave Quantum Inc. director Steven M. West reported a new equity award of 9,357 restricted stock units (RSUs). These RSUs each represent one share of common stock and will vest on May 31, 2027, subject to his continued service with the company.
Following this grant, West directly holds 29,194 shares of common stock. He also has indirect interests, including shares held by the West-Karam Family Trust, where he serves as trustee and remains the beneficial owner, and a small number of shares held by his spouse, for which he disclaims beneficial ownership.
Nielsen Kirstjen reported acquisition or exercise transactions in this Form 4 filing.
D-Wave Quantum Inc. director Kirstjen Nielsen received an equity award of 9,357 restricted stock units. The RSUs were granted at no cash cost and each unit represents one share of common stock. They are scheduled to vest on May 31, 2027, if she continues serving the company.
After this grant, Nielsen beneficially owns 122,030 shares of common stock, including the 9,357 unvested RSUs. This is a compensation-related award rather than an open-market share purchase or sale.
DiLullo John D reported acquisition or exercise transactions in this Form 4 filing.
D-Wave Quantum Inc. director John D. DiLullo reported receiving a grant of 9,357 restricted stock units (RSUs), each representing one share of common stock. The grant was recorded at a price of $0.00 per share, reflecting a compensation award rather than an open-market purchase.
The RSUs will vest on May 31, 2027, subject to his continued service with the company. Following this grant, DiLullo’s reported direct holdings total 29,160 shares/RSUs, including 9,357 unvested RSUs.
Ghai Rohit reported acquisition or exercise transactions in this Form 4 filing.
D-Wave Quantum Inc. director Rohit Ghai received a grant of 9,357 restricted stock units (RSUs) of Common Stock. Each RSU represents the right to receive one share and will vest on May 31, 2027, subject to his continued service. Following this award, his direct holdings total 37,135 shares, including 9,357 unvested RSUs.
D-Wave Quantum Inc. Chief Financial Officer John M. Markovich reported an open-market sale of 2,908 shares of Common Stock on June 2, 2026 at a price of $31.00 per share. After this transaction, he directly holds 1,439,912 shares of Common Stock.
A footnote states this post-transaction balance includes 447,770 shares of unvested restricted stock units, which are compensation awards that have not yet fully vested. The sale represents only a small portion of his overall reported holdings.
D-Wave Quantum filed a Rule 144 notice reporting resale activity by an issuer-side holder. The filing lists an earlier 05/21/2025 stock option exercise for 2,908 shares and records securities sold in the past three months: 10,706 shares on 03/13/2026 and 328,752 shares on 05/22/2026. The filing identifies John M. Markovich as the reported holder for the recent sales.
D-Wave Quantum Inc. used its Investor Day to outline its dual-platform strategy in annealing and gate-model quantum computing, long-term technology roadmap, and funding plans. Management discussed a proposed $100 million award under the U.S. CHIPS and Science Act and a related proposed issuance of $100 million in common shares to the U.S. Department of Commerce, alongside research and development initiatives tied to that potential funding.
The company highlighted its January 2026 acquisition of Quantum Circuits Inc., a superconducting gate-model specialist, for approximately $250 million, positioning D-Wave to pursue fault-tolerant gate-model systems based on dual-rail qubits. Slides also showed Q1 2026 Bookings of $33 million, including $2.3 million from Quantum Circuits, and more than $1 billion of capital raised since Q1 2024 through at-the-market programs, warrant exercises, stock options, and an equity line. D-Wave described an at-scale model with QCaaS gross margins of 65%-75%, system gross margins of 75%-90%, and Leap cloud capacity of $25-$30 million in annual QCaaS revenue per production annealing system, with four such systems currently supporting the platform.
D-Wave Quantum Inc. is laying out a new gate-model roadmap aimed at commercial, fault-tolerant quantum computing. The plan targets 100 logical qubits capable of performing over one million operations by 2032, using its superconducting dual-rail architecture and quantum error correction.
The roadmap lists staged systems in 2026, 2027 and 2028 that progressively cut error rates, then a 10-logical-qubit fault-tolerant system by 2030 and a 100-logical-qubit system by 2032 to support early quantum chemistry and AI applications. Management highlights that embedded error detection and higher error-reduction rates are intended to reduce the number of physical qubits needed.