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) received a Form 144 notice indicating a proposed sale of up to 98,060 shares of common stock through J.P. Morgan Securities LLC on the NYSE, with an approximate sale date of 11/13/2025 and an aggregate market value of $2,272,482.
The filing lists recent equity acquisition via vesting of 218,750 RSUs on 11/13/2025 for services. It also discloses prior sales in the last three months, including 100,000 shares on 08/12/2025 for $1,800,000 and 50,000 shares on 09/10/2025 for $815,000. Shares outstanding were 346,720,000; this is a baseline figure, not the amount being offered.
D-Wave Quantum Inc. (QBTS) filed a Form 144 notice for a proposed sale of 168,102 shares of common stock, reflecting an aggregate market value of $3,895,664. The seller plans to sell on or about 11/13/2025 through J.P. Morgan Securities LLC on the NYSE.
The filing lists 346,720,000 shares outstanding as context. It also notes an acquisition of 375,000 shares on 11/13/2025 via vesting of restricted stock units for services rendered. Over the past three months, the person for whose account the securities are to be sold completed a sale of 31,369 shares on 10/14/2025 for $1,372,186 in gross proceeds.
D-Wave Quantum Inc. (QBTS) disclosed a Form 144 notice for the proposed sale of 2,803 Class A common shares through J.P. Morgan Securities LLC on the NYSE, with an approximate sale date of 11/13/2025 and an aggregate market value of $64,957.86.
The seller reported acquiring 6,250 shares on 11/13/2025 via vesting of restricted stock units for services rendered. As context, shares outstanding were 346,720,000. Recent sales by the same person include 20,827 shares on 10/14/2025 for $911,044 and 69,270 shares on 08/13/2025 for $1,259,308.
D‑Wave Quantum (QBTS) stockholder filed a Form 144 notice to sell 40,000 shares of common stock through J.P. Morgan Securities LLC on or after 11/13/2025 via the NYSE. The notice lists an aggregate market value of $1,056,000.
The shares to be sold were acquired through an ESPP purchase on 06/30/2023 for 5,514 shares (cash) and an RSU vesting on 10/13/2023 for 34,486 shares. The filing also reports a prior sale in the last three months: 20,837 shares on 10/14/2025 for $911,044. Proceeds from any sales would accrue to the selling holder, not the company.
D-Wave Quantum Inc. announced it will redeem all outstanding public warrants at $0.01 per Warrant at 5:00 p.m. New York City time on November 19, 2025. Holders may exercise their Warrants until that deadline by contacting their broker; any Warrant not exercised by then will be void, with holders entitled only to the redemption price.
Each Warrant is exercisable for 1.4541326 shares of common stock for an aggregate cash price of $11.50 per Warrant, with any fractional share rounded down to the nearest whole share. The redemption right was triggered because the common stock traded at least $18.00 per share on 20 trading days within a 30‑day period, as required under the Warrant Agreement. The company expects November 17, 2025 to be the last NYSE trading day for the Warrants. The underlying shares are registered under an effective registration statement dated April 12, 2024.
D‑Wave Quantum, Inc. (QBTS) filed a Form 144 notice indicating that Alan E. Baratz intends to sell up to 1,600,000 shares of common stock, with an aggregate market value of $46,992,000. The planned sales list J.P. Morgan Securities LLC as broker, to be executed on the NYSE, with an approximate sale date of 11/11/2025.
The shares were acquired via a stock option exercise on 11/11/2025 for cash. As context, 346,718,581 shares were outstanding. Over the prior three months, the seller reported a transaction of 31,369 shares on 10/14/2025 for $1,372,187 in gross proceeds.
D-Wave Quantum (QBTS) filed its Q3 2025 10‑Q, highlighting sharp revenue growth and a stronger balance sheet. Revenue reached $3,739 (in thousands), up from $1,870 a year ago, with year‑to‑date revenue of $21,835 (in thousands). The quarter’s net loss was $139,986 (in thousands), driven largely by a non‑cash $121,859 (in thousands) loss from remeasuring warrant liabilities.
Cash and cash equivalents rose to $836,231 (in thousands), supported by financing activity, including at‑the‑market issuances and warrant exercises. Customer concentration remained high as Customer A represented 51% of Q3 revenue and 72% year‑to‑date. Germany led geography with $1,972 (in thousands) in Q3 revenue. As of September 30, 2025, 345,971,195 shares were outstanding; as of November 5, 2025, common shares outstanding were 346,718,581, with 3,403,222 exchangeable shares convertible one‑for‑one.
The company entered a $13.8 million equipment financing facility with an initial $0.5 million draw and a related warrant. Subsequent to quarter‑end, holders exercised 1,896,454 warrants for 2,757,696 shares, and the company initiated a mandatory redemption of remaining public warrants effective November 19, 2025 at $0.01 per warrant.
D‑Wave Quantum Inc. (QBTS) furnished an 8‑K announcing financial results for its fiscal third quarter ended September 30, 2025. The company made available a press release and an investor presentation covering financial results alongside business, product, and technical updates. These materials are furnished, not filed, and are included as Exhibits 99.1 and 99.2. The company’s common stock trades on the NYSE as QBTS, and its warrants trade as QBTS.WT.
D‑Wave Quantum Inc. (QBTS) furnished an update on a joint proof‑of‑concept with BASF showing a hybrid‑quantum application optimized manufacturing workflows at a BASF liquid‑filling facility. The technology set a new benchmark for efficiency by cutting production scheduling time from 10 hours to seconds.
The application was built to minimize setup time between products, speed tank offloading, and reduce tardiness versus due dates. In real‑world testing, it outperformed an existing solution across key metrics: lateness decreased by 14%, setup times fell 9%, and tank unloading durations shortened by up to 18%. D‑Wave views this as an important step toward deploying hybrid‑quantum applications in production for manufacturing and supply chain operations. The information was furnished under Item 7.01, along with a press release as Exhibit 99.1.
D‑Wave Quantum Inc. (QBTS) announced that its Advantage2 quantum computer is now operational at Davidson Technologies’ headquarters in Huntsville, Alabama. The system is intended to address mission‑critical U.S. government problems in areas such as radar detection, resource deployment, military logistics optimization, materials science, AI, and national security, and will eventually run sensitive applications.
This marks a major milestone in a multi‑year agreement and technology collaboration between D‑Wave and Davidson to accelerate quantum computing adoption among U.S. government agencies. The system is available for customer use now via D‑Wave’s Leap real‑time quantum cloud service. It is D‑Wave’s second U.S.-based annealing quantum computer and the first in Alabama, underscoring growing regional support for advanced technology tied to national defense.