D-Wave Quantum (QBTS) is a worldwide chief in quantum computing programs, software program, and providers. As the primary industrial provider of quantum computer systems, D-Wave uniquely develops each quantum annealing and gate-model quantum computer systems, concentrating on real-world industrial and analysis purposes. With programs accessible each through cloud and on-premises, D-Wave’s expertise addresses optimization, synthetic intelligence, and complicated analysis challenges.
Based in 1999 and headquartered in Palo Alto, California, the corporate has solved over 200 million issues on its quantum platforms to date.
QBTS inventory has proven outstanding progress in 2025, up roughly 265% year-to-date (YTD) however dipping about 4% during the last 5 days, reflecting sturdy investor curiosity in quantum computing expertise and supported by technological developments and growing market adoption.
In the long run, the six-month acquire is over 288%, whereas the 52-week improve exceeds 2950%, considerably outperforming its related benchmark, the Russell 2000, which posted modest positive factors of 10% in the identical interval.
The inventory displays excessive volatility typical of rising tech sectors, with frequent sharp advances and corrections. Regardless of short-term pullbacks, D-Wave has maintained a robust upward trajectory fueled by rising demand for quantum computing options and cloud-based hybrid quantum-classical providers.
D-Wave Quantum revealed Q2 2025 outcomes on Aug. 6, reporting a income of $3.1 million, a 42% improve year-over-year (YoY) that exceeded analyst expectations by 22%. Nevertheless, EPS fell quick, with a loss per share of $0.08 in comparison with the estimated lack of $0.05, largely on account of non-cash warrant revaluation prices and elevated working bills.
Working bills rose 41% to $28.5 million, reflecting investments in personnel and R&D. Gross margin held regular at roughly 64%, with adjusted EBITDA loss widening to $20 million. Regardless of losses, D-Wave ended the quarter with file money reserves of about $815 million, bolstered by a $400 million fairness increase accomplished in July 2025, offering a robust monetary basis for future progress.
