D-Wave Quantum INC. (QBTS) — SEC Filings

Overview

D-Wave Quantum INC. (QBTS) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 4 filed on Apr 15, 2026: On April 15, 2026, D-Wave Quantum Inc. filed a Form 4, indicating a statement of changes in beneficial ownership of securities. The filing pertains to the period of report ending April 13, 2026. The document was accepted on April 15, 2026.

Sentiment Summary

Across 50 filings, the sentiment breakdown is: 1 bullish, 47 neutral, 2 mixed. The dominant filing sentiment for D-Wave Quantum INC. is neutral.

Filing Type Overview

D-Wave Quantum INC. (QBTS) has filed 2 4, 42 8-K, 3 10-Q, 1 DEFA14A, 1 DEF 14A, 1 10-K with the SEC between Dec 2024 to Apr 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (50)

• D-Wave Quantum Inc. Files Form 4 on Ownership Changes — 4 · Apr 15, 2026 Risk: low
  On April 15, 2026, D-Wave Quantum Inc. filed a Form 4, indicating a statement of changes in beneficial ownership of securities. The filing pertains to the perio
• 4 Filing — 4 · Apr 15, 2026
• D-Wave Quantum Inc. Files 8-K for Regulation FD Disclosure — 8-K · Dec 8, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on December 8, 2025, to report a Regulation FD Disclosure. The filing does not contain specific financial figures or material e
• D-Wave Quantum Inc. Files 8-K for Regulation FD Disclosure — 8-K · Dec 2, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on December 2, 2025, to report a Regulation FD Disclosure. The filing does not contain specific financial figures or material e
• 8-K Filing — 8-K · Nov 21, 2025
• 8-K Filing — 8-K · Nov 13, 2025
• D-Wave's Revenue Soars, But Warrant Liabilities Drive Massive Loss — 10-Q · Nov 6, 2025 Risk: high
  D-Wave Quantum Inc. (QBTS) reported a significant increase in revenue for the three months ended September 30, 2025, reaching $3.739 million, up from $1.870 mil
• D-Wave Quantum Inc. Files 8-K — 8-K · Nov 5, 2025 Risk: medium
  D-Wave Quantum Inc. filed an 8-K on November 5, 2025, reporting on events that occurred on the same date. The filing primarily concerns Regulation FD Disclosure
• D-Wave Quantum Inc. Files 8-K on Nov 3, 2025 — 8-K · Nov 3, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on November 3, 2025, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The filing details information
• D-Wave Quantum Inc. Files 8-K with Financial Updates — 8-K · Oct 22, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on October 22, 2025, to report on a Regulation FD Disclosure and Financial Statements and Exhibits. The filing details informat
• D-Wave Quantum Inc. Files 8-K with Financial Updates — 8-K · Oct 20, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on October 20, 2025, reporting other events and financial statements. The filing details information related to common stock an
• D-Wave Quantum Inc. Files 8-K — 8-K · Oct 15, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on October 15, 2025, reporting on events related to common stock and warrants. The filing indicates no specific financial trans
• D-Wave Quantum Inc. Files 8-K with Financial Updates — 8-K · Oct 14, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on October 14, 2025, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The filing details information
• D-Wave Quantum Files 8-K — 8-K · Sep 30, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on September 30, 2025, reporting on financial statements and exhibits. The filing pertains to the company's operations and fina
• D-Wave Quantum Files 8-K Report — 8-K · Aug 13, 2025 Risk: low
  On August 13, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating potential updates or di
• D-Wave Quantum Revenue Jumps 47% Amidst Persistent Losses — 10-Q · Aug 7, 2025 Risk: high
  D-Wave Quantum Inc. reported a significant increase in revenue for the three months ended June 30, 2025, reaching $2.5 million, up from $1.7 million in the prio
• D-Wave Quantum Inc. Files 8-K — 8-K · Aug 4, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on August 4, 2025, reporting a Regulation FD Disclosure. The filing does not contain specific financial figures or material eve
• D-Wave Quantum Inc. Files 8-K on Stock and Warrants — 8-K · Jul 30, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on July 30, 2025, reporting on events related to common stock and warrants. The filing indicates no specific new financial tran
• D-Wave Quantum Inc. Files 8-K Report — 8-K · Jul 21, 2025 Risk: low
  On July 21, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating potential updates or disc
• D-Wave Quantum Inc. Files 8-K Report — 8-K · Jul 1, 2025 Risk: low
  On July 1, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and the submission of Financial Statements and
• D-Wave Quantum Inc. Files 8-K with Financial Exhibits — 8-K · Jun 17, 2025 Risk: low
  On June 17, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating potential updates or disc
• D-Wave Quantum Inc. Reports on Shareholder Votes — 8-K · Jun 11, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on June 11, 2025, reporting on matters submitted to a vote of security holders on June 5, 2025. The filing details actions rela
• D-Wave Quantum Inc. Files Material Definitive Agreement — 8-K · Jun 10, 2025 Risk: medium
  On June 10, 2025, D-Wave Quantum Inc. filed an 8-K report detailing a material definitive agreement. The filing also includes financial statements and exhibits
• D-Wave Quantum Raises $25M in Public Offering — 8-K · Jun 4, 2025 Risk: medium
  On May 30, 2025, D-Wave Quantum Inc. announced the closing of its previously disclosed underwritten public offering. The company successfully raised approximate
• D-Wave Quantum Inc. Files 8-K Report — 8-K · May 30, 2025 Risk: low
  On May 29, 2025, D-Wave Quantum Inc. filed an 8-K report detailing other events and financial statements. The filing includes information related to common stoc
• D-Wave Quantum Inc. Files Proxy Materials — DEFA14A · May 29, 2025 Risk: low
  D-Wave Quantum Inc. filed a Definitive Additional Materials (DEFA14A) on May 29, 2025. This filing relates to their proxy statement and does not require a new f
• D-Wave Quantum Files 8-K — 8-K · May 20, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on May 20, 2025, reporting other events and financial statements. The filing details the company's incorporation in Delaware an
• D-Wave Quantum Inc. Files 8-K Report — 8-K · May 12, 2025 Risk: low
  On May 12, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and Financial Statements and Exhibits. No speci
• D-Wave Quantum Files Q1 2025 10-Q — 10-Q · May 8, 2025 Risk: low
  D-Wave Quantum Inc. filed its 10-Q for the period ending March 31, 2025. The company evaluated events through May 8, 2025, and noted no significant events outsi
• D-Wave Quantum Inc. Announces Board and Executive Changes — 8-K · May 7, 2025 Risk: medium
  On May 1, 2025, D-Wave Quantum Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the appointm
• D-Wave Quantum Inc. Files 8-K Report — 8-K · Apr 23, 2025 Risk: low
  On April 23, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and Financial Statements and Exhibits. No spe
• D-Wave Quantum Files Definitive Proxy Statement — DEF 14A · Apr 22, 2025 Risk: low
  D-Wave Quantum Inc. filed its definitive proxy statement (DEF 14A) on April 22, 2025, for its annual meeting on June 5, 2025. The filing details information req
• D-Wave Quantum Files 8-K with Financial Updates — 8-K · Mar 31, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on March 31, 2025, reporting on its financial statements and exhibits. The filing includes information related to common stock
• D-Wave Quantum Inc. Files 8-K Report — 8-K · Mar 20, 2025 Risk: low
  On March 20, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating potential updates or dis
• D-Wave Quantum Inc. Files 2024 Annual Report — 10-K · Mar 14, 2025 Risk: medium
  D-Wave Quantum Inc. filed its 10-K for the fiscal year ending December 31, 2024, reporting on its operations and financial condition. The company, headquartered
• D-Wave Quantum Inc. Files 8-K on Financials — 8-K · Mar 13, 2025 Risk: medium
  D-Wave Quantum Inc. filed an 8-K on March 13, 2025, reporting on its results of operations and financial condition. The filing includes financial statements and
• D-Wave Quantum Inc. Files 8-K Report — 8-K · Mar 12, 2025 Risk: low
  On March 12, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating a need to disclose impor
• D-Wave Quantum Inc. Files 8-K Report — 8-K · Feb 18, 2025 Risk: low
  On February 18, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily serves as a notification of information and does not disclose specific finan
• D-Wave Quantum Files 8-K: Reg FD & Financials — 8-K · Feb 13, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on February 13, 2025, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The filing details informatio
• D-Wave Quantum Inc. Files 8-K on Stock and Warrants — 8-K · Feb 5, 2025 Risk: medium
  D-Wave Quantum Inc. filed an 8-K on February 5, 2025, reporting on events related to common stock and warrants. The filing indicates updates concerning the comp
• D-Wave Quantum Inc. Files 8-K with Financial Exhibits — 8-K · Feb 3, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on February 3, 2025, to report on financial statements and exhibits. The filing includes information related to common stock an
• D-Wave Quantum Inc. Files 8-K Report — 8-K · Jan 23, 2025 Risk: low
  On January 23, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and Financial Statements and Exhibits. No s
• D-Wave Quantum Inc. Files 8-K on Jan 22, 2025 — 8-K · Jan 22, 2025 Risk: low
  On January 22, 2025, D-Wave Quantum Inc. filed an 8-K report detailing a Regulation FD Disclosure and Financial Statements and Exhibits. The filing pertains to
• D-Wave Quantum Inc. Files 8-K Report — 8-K · Jan 15, 2025 Risk: low
  On January 15, 2025, D-Wave Quantum Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, along with a Regulation FD Disclo
• D-Wave Quantum Inc. Files 8-K on Financials — 8-K · Jan 10, 2025 Risk: low
  D-Wave Quantum Inc. filed an 8-K on January 10, 2025, reporting on its results of operations and financial condition. The filing includes financial statements a
• D-Wave Quantum Inc. Files 8-K with Financial Updates — 8-K · Dec 18, 2024 Risk: low
  D-Wave Quantum Inc. filed an 8-K on December 18, 2024, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The filing details informatio
• D-Wave Quantum Inc. Files 8-K on Dec 16 — 8-K · Dec 16, 2024 Risk: low
  D-Wave Quantum Inc. filed an 8-K on December 16, 2024, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The filing pertains to events
• D-Wave Quantum Inc. Files 8-K on Financials and Exhibits — 8-K · Dec 12, 2024 Risk: low
  D-Wave Quantum Inc. filed an 8-K on December 12, 2024, to report on a Regulation FD Disclosure and Financial Statements and Exhibits. The filing details informa
• D-Wave Quantum Appoints New Directors, Announces Officer Compensation — 8-K · Dec 9, 2024 Risk: medium
  D-Wave Quantum Inc. announced on December 6, 2024, the departure of board member Alan Barbell and the appointment of new directors, including Dr. Christian Sebe
• D-Wave Quantum Inc. Files 8-K for Stock and Warrant Issuance — 8-K · Dec 6, 2024 Risk: medium
  D-Wave Quantum Inc. filed an 8-K on December 6, 2024, to report on the issuance of common stock and warrants. The filing details the company's financial activit

Risk Profile

Risk Assessment: Of QBTS's 47 recent filings, 2 were flagged as high-risk, 9 as medium-risk, and 36 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from D-Wave Quantum INC.'s most recent 10-Q filing (Nov 6, 2025):

• Revenue: $21.835M
• Net Income: $-312.736M
• EPS: N/A
• Debt-to-Equity: 0.29
• Cash Position: $836.231M
• Operating Margin: -300.1%
• Total Assets: $865.820M
• Total Debt: $177.027M

Key Executives

• BARATZ ALAN E
• Alan Barbell
• Dr. Christian Seberino
• Andrew Glatt

Industry Context

The quantum computing industry is in its nascent stages, characterized by rapid technological advancements and significant R&D investment. D-Wave operates in a competitive landscape with established tech giants and numerous startups vying for breakthroughs in quantum hardware and software. Market adoption is driven by the potential to solve complex problems intractable for classical computers, but widespread commercialization is still some years away.

Top Tags

sec-filing (12) · financial-statements (11) · regulation-fd (10) · disclosure (9) · exhibits (9) · financial-reporting (6) · 8-k (6) · warrants (5) · filing (5) · 8-K (4)

Key Numbers

• Nine-month Revenue: $21.835M — Increased 235% from $6.518M in 2024, showing strong top-line growth.
• Nine-month Net Loss: $312.736M — Widened significantly from $57.802M in 2024, primarily due to warrant liabilities.
• Warrant Liabilities Impact: $259.964M — Expense from change in fair value of warrant liabilities for nine months, a major driver of net loss.
• Cash and Cash Equivalents: $836.231M — Substantial increase from $177.980M at year-end 2024, providing liquidity.
• Shares Outstanding: 345,971,195 — Increased from 266,595,867 at year-end 2024, indicating significant dilution.
• SEC File Number: 001-41468 — Identifies the company's filing history with the SEC.
• Film Number: 251408580 — Internal SEC processing number for the filing.
• Fiscal Year End: 1231 — Indicates the end of the company's annual financial reporting period.
• Q2 2025 Revenue: $2.5M — Increased 47.1% from $1.7M in Q2 2024
• H1 2025 Revenue: $4.7M — Increased 42.4% from $3.3M in H1 2024
• Q2 2025 Net Loss: $20.1M — Improved from $22.3M net loss in Q2 2024
• H1 2025 Net Loss: $41.2M — Improved from $44.7M net loss in H1 2024
• Accumulated Deficit: $705.4M — As of June 30, 2025, indicating significant historical losses
• Q2 Revenue Growth: 47.1% — Year-over-year increase for the three months ended June 30, 2025
• H1 Revenue Growth: 42.4% — Year-over-year increase for the six months ended June 30, 2025

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