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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 4, 2026
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D-Wave Quantum Inc.
(Exact Name of Registrant as Specified in Its Charter)
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| Delaware | 001-41468 | 88-1068854 |
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
2650 East Bayshore Road
Palo Alto, California
94303
(Address of principal executive offices)
(650) 285-2881
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
| Common stock, par value $0.0001 per share | | QBTS | | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | | o |
Item 7.01 Regulation FD Disclosure.
On November 4, 2026, D-Wave Quantum Inc. (“D-Wave” or the “Company”) announced powerful performance enhancements to its Stride™ hybrid solver. In key benchmark testing, the enhanced solver found better solutions in 15 seconds than the previous version found in 120 seconds. In addition, the Company also launched a new, three-course Applied Quantum Optimization learning path to accelerate hybrid-quantum optimization adoption. Together, the enhanced solver and training courses further equip developers to apply quantum optimization to complex, real-world business challenges.
D-Wave has enhanced the core algorithm of its Stride hybrid solver to extend performance across the complex optimization problems it already supports. Combining quantum and classical computing resources, the updated Stride hybrid solver, now available in the Leap™ quantum cloud service, helps users quickly find high-quality solutions to large optimization problems that can be difficult for classical computing alone to address.
D-Wave’s new, three-course Applied Quantum Optimization learning path provides hands-on instruction for identifying promising optimization use cases, formulating mathematical models and building applications using D-Wave's Stride hybrid solver. Designed for learners with varying levels of experience, select courses also include access to D-Wave's Leap quantum cloud service and office hours to support practical learning. A copy of the press release is attached as Exhibit 99.1.
The information in this Item 7.01 to this Current Report on Form 8-K, including Exhibit 99.1, is intended to be furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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| Exhibit No. | | Description |
99.1 | | Press release, dated November 4, 2026. |
| 104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: November 4, 2026 | D-Wave Quantum Inc. |
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| By: | /s/ Alan Baratz |
| Name: | Alan Baratz |
| Title: | President & Chief Executive Officer |
D-Wave Boosts Stride Hybrid Solver Performance, Launches Developer Training to Accelerate Quantum Optimization Adoption
Enhanced solver enables users to find faster, higher-quality solutions to enterprise-scale optimization problems that can be difficult for classical computing
New learning path helps developers translate real-world business problems into hybrid-quantum applications
PALO ALTO, Calif. – Nov. 4, 2026 – D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today announced powerful performance enhancements to its Stride™ hybrid solver. In key benchmark testing, the enhanced solver found better solutions in 15 seconds than the previous version found in 120 seconds. In addition, the Company also launched a new, three-course Applied Quantum Optimization learning path to accelerate hybrid-quantum optimization adoption. Together, the enhanced solver and training courses further equip developers to apply quantum optimization to complex, real-world business challenges.
D-Wave has enhanced the core algorithm of its Stride hybrid solver to extend performance across the complex optimization problems it already supports. Combining quantum and classical computing resources, the updated Stride hybrid solver, now available in the Leap™ quantum cloud service, helps users quickly find high-quality solutions to large optimization problems that can be difficult for classical computing alone to address.
Benchmarks comparing the enhanced solver with its previous version demonstrated gains in solution quality and time to solution, showing the types of improvements D-Wave expects to see across a wide range of problems including:
•Traveling salesperson problems with up to 10,000 locations: Solutions averaged within 0.02% of the best possible result1 in 15 seconds and were, on average, more than 200x closer to the best possible result than the previous Stride hybrid solver using the same runtime.
•Traveling salesperson problems with more than 10,000 locations: Solutions averaged within 3.8% of the best possible result in 120 seconds and were, on average, more than 500x closer to the best possible result than the previous Stride hybrid solver using the same runtime.
•Assembly line balancing: On simple assembly line balancing problems, the enhanced solver found better solutions in 15 seconds than the previous version found in 120 seconds, demonstrating the potential to reach stronger solutions substantially sooner.
“Developers need proven technology that finds better answers, faster, so they can tackle computationally complex problems at the speed their businesses demand,” said Alex Condello, senior vice president of algorithms, performance and tools at D-Wave. “In a highly disruptive world, the ability to adapt plans, reallocate resources and act quickly is critical. We’re giving developers the technology and practical expertise to make hybrid-quantum optimization part of how their businesses respond in real time.”
D-Wave has also launched a new, three-course Applied Quantum Optimization learning path, providing hands-on instruction for identifying promising optimization use cases, formulating mathematical models and building applications using D-Wave's Stride hybrid solver. Designed for learners with varying levels of experience, select courses also include access to D-Wave's Leap quantum cloud service and office hours to support practical learning. The new Applied Quantum Optimization courses are available today through the Leap quantum cloud service. To learn more about D-Wave's training offerings, visit https://training.dwavequantum.com/.
1 Best possible results refer to reference solutions proven optimal by another solver or algorithm. Improvement factors compare enhanced Stride solver performance with previous Stride solver performance at the same runtime and measure closeness to the optimal result, not relative processing speed.
About D-Wave Quantum Inc.
D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. It is the world’s first commercial supplier of quantum computers, and the first and only to offer dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. D-Wave’s mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap™ quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government and research sectors trust D-Wave to address complex computational challenges using quantum computing. Learn more about realizing the value of quantum computing today and how D-Wave is shaping the quantum-driven industrial and societal advancements of tomorrow: https://www.dwavequantum.com/.
Forward-Looking Statements
Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by the following words: “believe,” “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “trend,” “estimate,” “predict,” “project,” “potential,” “seem,” “seek,” “future,” “outlook,” “forecast,” “projection,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.
Media Contact:
Alex Daigle
media@dwavesys.com
