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. Chief Financial Officer John M. Markovich reported a combination of option exercises and share sales in the company’s common stock. On May 22, 2026, he exercised stock options covering a total of 328,752 shares at exercise prices of $0.8460 and $0.9200 per share, converting derivative awards into common stock.
That same day, he executed an open-market sale of 328,752 common shares at a weighted average price of $27.7037 per share, with individual trade prices ranging from $27.00 to $28.61. Following these transactions, Markovich directly holds 1,442,820 common shares, which include 447,770 shares underlying unvested restricted stock units.
D-Wave Quantum Inc. used this report to respond to claims that new classical simulation research has overturned its earlier demonstration of quantum computational supremacy in quantum simulation. The company states those claims are inaccurate and not supported by the scientific record.
D-Wave explains that the new tensor-network work from the Flatiron Institute does not reproduce the full scope of its peer-reviewed Science result, especially the hardest problem instances and measurements. It reiterates that its annealing quantum processors showed beyond-classical performance in simulating nonequilibrium magnetic spin dynamics across several lattice geometries.
The company notes prior analysis suggesting that matching its largest reported problems with matrix product state methods would require nearly a million years on the Frontier supercomputer, with impractical memory and energy demands. D-Wave welcomes advances in classical algorithms but distinguishes between meaningful classical progress and actually overturning its quantum supremacy result.
D-Wave Quantum Inc. used this report to respond to claims that new classical simulation research has overturned its earlier demonstration of quantum computational supremacy in quantum simulation. The company states those claims are inaccurate and not supported by the scientific record.
D-Wave explains that the new tensor-network work from the Flatiron Institute does not reproduce the full scope of its peer-reviewed Science result, especially the hardest problem instances and measurements. It reiterates that its annealing quantum processors showed beyond-classical performance in simulating nonequilibrium magnetic spin dynamics across several lattice geometries.
The company notes prior analysis suggesting that matching its largest reported problems with matrix product state methods would require nearly a million years on the Frontier supercomputer, with impractical memory and energy demands. D-Wave welcomes advances in classical algorithms but distinguishes between meaningful classical progress and actually overturning its quantum supremacy result.
D-Wave Quantum Inc. announced it has been awarded second-year funding for the Improved Materials for Superconducting Qubits with Scalable Fabrication (SQFab) project through the Northeast Regional Defense Technology Hub (NORDTECH) under the U.S. Microelectronics Commons program.
The award, made to subsidiary Quantum Circuits, LLC, is part of a group of four quantum-focused programs that together are receiving more than US$25 million in second-year funding after meeting first-year milestones in designing, fabricating, and characterizing quantum components. D-Wave aims to improve materials and scalable fabrication for superconducting qubits, supporting next-generation U.S. microelectronics from research to manufacturing.
Management highlights this as recognition of quantum computing’s role in U.S. microelectronics innovation and notes the work is intended to advance packaging and testing for gate-model superconducting quantum systems, while contributing to domestic semiconductor capabilities and supply-chain resilience.
D-Wave Quantum Inc. announced it has been awarded second-year funding for the Improved Materials for Superconducting Qubits with Scalable Fabrication (SQFab) project through the Northeast Regional Defense Technology Hub (NORDTECH) under the U.S. Microelectronics Commons program.
The award, made to subsidiary Quantum Circuits, LLC, is part of a group of four quantum-focused programs that together are receiving more than US$25 million in second-year funding after meeting first-year milestones in designing, fabricating, and characterizing quantum components. D-Wave aims to improve materials and scalable fabrication for superconducting qubits, supporting next-generation U.S. microelectronics from research to manufacturing.
Management highlights this as recognition of quantum computing’s role in U.S. microelectronics innovation and notes the work is intended to advance packaging and testing for gate-model superconducting quantum systems, while contributing to domestic semiconductor capabilities and supply-chain resilience.
D-Wave Quantum Inc. EVP and Chief Legal Officer Diane Nguyen sold 40,000 shares of Common Stock in an open-market transaction. The shares were sold on May 21, 2026 at a weighted average price of $25.014 per share, in multiple trades between $25.00 and $25.04. The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted on August 14, 2025. After this sale, Nguyen directly holds 517,149 shares of Common Stock, including 206,796 shares of unvested restricted stock units.
D-Wave Quantum Inc. files a Rule 144 notice to sell 328,752 shares of Class A common stock. The notice is dated 05/22/2026. The filing shows 10,706 shares were sold in the past three months and lists 367,250,324 shares outstanding as of 05/22/2026.
D-Wave Quantum Inc. executive Sophie C. Ames sold 23,025 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $18.9765 per share, in multiple trades between $18.35 and $19.40. After the sale, she directly holds 596,803 shares, including 543,750 unvested restricted stock units. The transaction was executed automatically under a Rule 10b5-1 trading plan adopted on June 13, 2025 and modified on September 12, 2025.
QBTS filed a Form 144 reporting an intended resale of 60,000 shares of Common Stock. The filing lists prior issuer acquisitions through RSU vesting and an ESPP purchase that generated smaller share lots on specific dates. The filing shows a corporate share figure of 366,737,601 with a date of 05/21/2026.
D-Wave Quantum Inc. has signed a non-final Letter of Intent for $100 million of proposed funding under the U.S. CHIPS and Science Act, administered by the U.S. Department of Commerce. In connection with final award documents, D-Wave would issue $100 million in common shares to the Department, giving the U.S. government an equity stake.
The proposed funding is intended to accelerate development and scaling of D-Wave’s annealing and gate-model quantum systems across R&D sites in Florida, Connecticut and Canada, including targets such as a 100,000‑qubit annealing system and a 10,000‑qubit gate-model system. The company highlights potential advances in quantum applications for optimization, materials simulation, blockchain and AI, while warning of risks such as failure to execute definitive documents, conditions on disbursement, funding availability and dilution to existing shareholders.
D‑Wave Quantum, Inc. submitted a Form 144 notice reporting the proposed sale of 23,025 shares of Common Stock tied to RSU vesting on 04/28/2026. The filing also records a prior sale of 3,070 shares on 04/20/2026 associated with Sophie C. Ames and lists 65,549 in the same row of the submission.
D-Wave Quantum Inc. executive Diane Nguyen, EVP and Chief Legal Officer, reported a tax-related share disposition. The company withheld 2,459 shares of Common Stock to cover tax obligations tied to vesting restricted stock units. After this non-market transaction, she holds 557,149 shares directly, including 206,796 unvested RSUs.