QBTS Stock: Price, Earnings History and SEC Filings
D-Wave Quantum Inc. (QBTS) last traded at $10.65, down 7.87% on the latest session and down 35.7% over the past month. In its most recent reported quarter (Jun 2026) earnings per share were $-0.13 against an analyst estimate of $-0.12, a miss of 8.3%.
Price data from Yahoo Finance, as of Oct 30, 2026. May be delayed.
QBTS earnings history
| Quarter | Reported | EPS | Estimate | Surprise |
|---|---|---|---|---|
| Jun 2026 | Aug 6, 2026 | $-0.13 | $-0.12 | -8.33% |
| Mar 2026 | May 12, 2026 | $-0.05 | $-0.10 | +50.00% |
| Dec 2025 | Feb 26, 2026 | $-0.12 | $-0.05 | -140.00% |
| Sep 2025 | Nov 6, 2025 | $-0.41 | $-0.07 | -485.71% |
QBTS beat the analyst EPS estimate in 1 of its last 4 reported quarters. Source: Nasdaq.
How QBTS reacts to earnings
Across its last 8 earnings releases, QBTS moved 13.1% on average the next session, in either direction. It rose after 3 of 8 reports.
| Report date | Released | Next-session move |
|---|---|---|
| 2026-08-06 | Before open | -9.28% |
| 2026-05-12 | Before open | -6.99% |
| 2026-02-26 | Before open | +2.49% |
| 2025-11-06 | Before open | -8.48% |
| 2025-08-07 | Before open | -2.33% |
| 2025-05-08 | Before open | +51.23% |
| 2025-03-13 | Before open | +18.73% |
| 2025-01-10 | Before open | -5.41% |
Based on the dates of earnings-release 8-K filings (SEC EDGAR) and daily closing prices (Yahoo Finance). Past reactions do not predict future ones.
QBTS financial history
| Fiscal year | Revenue | Net income | Free cash flow | Net margin | Diluted EPS |
|---|---|---|---|---|---|
| 2025 | $25M | -$355M | -$76M | -1444.1% | $-1.11 |
| 2024 | $9M | -$144M | -$45M | -1630.0% | $-0.75 |
| 2023 | $9M | -$83M | -$61M | -944.5% | $-0.60 |
| 2022 | $7M | -$54M | -$46M | -748.7% | $-0.45 |
| 2021 | $6M | -$41M | -$37M | -652.5% | $-0.33 |
| 2020 | $5M | -$22M | -$30M | -425.7% | $-0.17 |
Source: annual figures from 10-K filings on SEC EDGAR. The year shown is the calendar year the fiscal year ended. Free cash flow is operating cash flow minus capital spending.
Latest SEC filings for QBTS
- 8-K · Oct 28, 2026Regulation FD disclosure, Financial statements and exhibits
- 8-K · Oct 1, 2026Regulation FD disclosure, Financial statements and exhibits
- 8-K · Sep 21, 2026Officer or director change, Financial statements and exhibits
- 8-K · Sep 17, 2026Regulation FD disclosure, Financial statements and exhibits
- 8-K · Sep 15, 2026Regulation FD disclosure, Financial statements and exhibits
- 8-K · Sep 10, 2026Other events, Financial statements and exhibits
- 424B7 · Sep 10, 2026
- 8-K · Sep 8, 2026Material agreement, Regulation FD disclosure, Other events
- 8-K · Aug 25, 2026Officer or director change, Financial statements and exhibits
- 8-K · Aug 18, 2026Regulation FD disclosure, Financial statements and exhibits
Insider filing activity
QBTS insiders filed 13 Form 4 reports in the last 90 days. A Form 4 is how directors and executives disclose purchases, sales and grants of company stock. See the individual filings on SEC EDGAR. Many Form 4 filings are routine, such as scheduled sales or option exercises, so check each filing before drawing a conclusion.
Source: SEC EDGAR.
QBTS news
- Are These 3 Quantum Computing Stocks Worth Buying Before 2027?Oct 31, 2026 · fool.com
- D-Wave Sinks 9% in a Week to a New Low as AI Spending Fears Hit Quantum StocksOct 31, 2026 · tikr.com
- IonQ Sinks 8%, D-Wave Down 7%, Rigetti Down 7% as Intel and Amazon Earnings Extend Tech SelloffOct 30, 2026 · tikr.com
- IonQ vs. D-Wave: Which Quantum Stock to Buy Ahead of Q3 Earnings?Oct 30, 2026 · finance.yahoo.com
- Why Should You Pay Attention To QBTS Stock?Oct 30, 2026 · trefis.com
- IONQ Below Key Moving Averages: Buy, Hold or Sell Before Q3 Earnings?Oct 29, 2026 · finance.yahoo.com
- $1,000 Split Between IonQ and D-Wave Today Could Be Worth This Much by 2029.Oct 28, 2026 · fool.com
- D-Wave Quantum (QBTS) Stock Looks Fully Priced After Its Huge RunOct 28, 2026 · finance.yahoo.com
About D-Wave Quantum Inc.
D-Wave Quantum Inc. (QBTS) is a US-listed public company on Nasdaq. The SEC classifies its business as Services-computer Processing & Data Preparation. It is incorporated in DE. Its fiscal year ends in December.