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. (QBTS) reported that on September 10, 2026 it filed a prospectus supplement under its automatic shelf registration statement on Form S-3ASR to cover the resale of 7,095,721 shares of its common stock by the United States Department of Commerce. The company also filed a legal opinion from Paul, Weiss, Rifkind, Wharton & Garrison LLP related to these shares as an exhibit incorporated by reference into the registration statement.
D-Wave Quantum Inc. (QBTS) has filed a prospectus supplement covering the resale of up to 7,095,721 shares of its common stock by a selling stockholder, the U.S. Department of Commerce, in connection with a CHIPS Act award. D-Wave will not receive any proceeds from these sales.
The registered shares represent stock already issued under a Securities Issuance Agreement tied to the CHIPS Act Award and equal about 1.9% of 379,626,628 shares outstanding as of September 9, 2026. While held by a U.S. governmental entity, these shares generally carry no voting rights except on certain fundamental matters.
The document highlights potential market overhang and dilution risk from future equity issuances, as well as the volatility of QBTS stock. It also notes that sovereign immunity and federal statutes may limit investors’ ability to assert securities law claims against the selling stockholder.
D-Wave Quantum Inc. (QBTS) director John D. DiLullo reported selling 1,100 shares of Common Stock on September 8, 2026 in an open-market or private transaction. The shares were sold at a weighted average price of $18.0005 per share under a Rule 10b5-1 trading plan adopted on June 15, 2025.
After this sale, DiLullo reported beneficial ownership of 20,210 shares of Common Stock, which includes 9,357 unvested restricted stock units. The sale was executed through multiple trades at prices ranging from $17.49 to $18.46 per share.
D-Wave Quantum Inc. (QBTS) reports that it has executed a Securities Issuance Agreement with the U.S. Department of Commerce under a previously announced Other Transaction Agreement supporting an award of up to $100,000,000. Under the agreement, D-Wave issued 7,095,721 shares of common stock to the Department at an issuance price of $14.093 per share in a private, unregistered transaction relying on Section 4(a)(2) of the Securities Act.
The company provides updated risk factors highlighting uncertainty around the timing and amount of funding under the award, potential challenges or changes in laws or policy that could affect the transactions, dilution from issuing shares at a discount to market, and possible limits on future strategic transactions due to the Department’s equity position and related contractual rights. D-Wave also notes that the financial, tax and accounting treatment of these arrangements is complex and may lead to additional costs, judgments, or adjustments to reported results.
D-Wave Quantum Inc. (QBTS) has a notice under Rule 144 for a planned sale of its common stock by director John D. DiLullo. The notice covers 2,200 shares of common stock, to be sold through J.P. Morgan Securities LLC as agent and attorney-in-fact for DiLullo.
The 2,200 shares are reported as acquired from the issuer on June 10, 2025 through RSU vesting in connection with services rendered. The common stock is listed on NASDAQ, and the filing is intended to satisfy the advance-notice requirements of Rule 144 for resales of restricted or control securities.
D-Wave Quantum Inc. (QBTS) entered into a definitive Other Transaction Agreement with the U.S. Department of Commerce for an award of up to $100,000,000 under the U.S. CHIPS and Science Act. The funding supports advanced microelectronics R&D for prototyping semiconductor technology to scale the company’s annealing and gate-model superconducting quantum computers.
The award will be disbursed in tranches, including an initial $53,552,620 shortly after the September 4, 2026 award date, with additional milestone-based payments over a performance period of up to five years. In connection with the award, D-Wave will issue 7,095,721 common shares to the Department at $14.093 per share as a minority, non-controlling equity stake, subject to transfer, voting, and registration-rights terms.
D-Wave highlights that this structure may accelerate development of next-generation systems, including a 100,000-qubit annealing system and a 10,000-qubit gate-model system, while also introducing risks around funding timing, stockholder dilution, potential limitations on strategic transactions, and complex financial, tax and accounting treatment.
D-Wave Quantum Inc. (QBTS) reported that Chief Financial Officer John Markovich has notified the company of his intention to retire and will resign as CFO effective September 2, 2026. The company states his resignation is not due to any disagreement regarding its business, operations, accounting, financial reporting, or controls.
D-Wave’s senior vice president of finance Greg Golkov, age 49, will become acting Chief Financial Officer and will serve as both principal financial officer and principal accounting officer. Golkov has more than 25 years of finance and accounting experience and has led D-Wave’s accounting, SEC reporting, FP&A, treasury, and tax functions since May 2023.
The company highlights Markovich’s role in taking D-Wave public in 2022 and in raising over $900 million in capital, as well as in developing what management describes as a path to profitability. A press release dated August 25, 2026 announcing these leadership changes is filed as an exhibit.
D-Wave Quantum Inc. (QBTS) reported that officer Diane Nguyen, EVP, Chief Legal Officer & GC, had 4,042 shares of Common Stock withheld on 2026-08-17 to satisfy tax withholding requirements related to vesting restricted stock units (RSUs). After this tax-withholding disposition, she holds 505,850 shares directly, including 178,074 unvested RSUs.
D-Wave Quantum Inc. (QBTS) reported an insider equity transaction by executive officer Sophie C. Ames, Executive Vice President & CHRO. On August 17, 2026, 23,850 shares of common stock were withheld to satisfy tax withholding requirements in connection with the vesting of restricted stock units. This code F transaction reflects a tax-related disposition rather than an open-market sale. After this withholding, Ames directly held 565,159 shares of common stock, including 536,144 unvested RSUs.
D-Wave Quantum Inc. (QBTS) reported that NTT DOCOMO, Japan’s largest mobile operator with more than 93 million subscriptions, has deployed a second D-Wave-powered quantum computing application in production network operations. This new application optimizes tracking area lists (TA-Lists) to manage wireless network signaling load.
The deployment reduced the daily peak volume of location registration signals by 65.3% and paging signals by 7.0%, and is used in DOCOMO’s network planning and day-to-day operations. In a representative problem involving 333 base stations, three TA-Lists and nine tracking areas, the quantum optimization completed in approximately five minutes. D-Wave highlights this as evidence that its annealing quantum technology can support practical, production-grade telecom network optimization.