Headquartered in Palo Alto, CA Fiscal year ends December NYSE: QBTS dwavequantum.com
D-Wave Quantum Inc. is a quantum computing company that designs, develops, and delivers quantum computing systems, software, and services. It is the world's first commercial supplier of quantum computers and the only company offering a dual-platform approach spanning both annealing and gate-model quantum computing technologies. D-Wave's annealing quantum computers are commercially available today for optimization, AI/ML, and blockchain applications, while its gate-model program targets fault-tolerant quantum computing for chemistry, cryptography, and broader computational problems. The company generates revenue through Quantum Computing as a Service (QCaaS) via its Leap cloud platform, professional services engagements, and on-premises system sales. D-Wave serves over 100 customers across commercial, government, and research sectors, with a growing proportion of revenue from Forbes Global 2000 enterprises. The company acquired Quantum Circuits, Inc. in January 2026 to accelerate its gate-model quantum computing development. D-Wave holds over 290 U.S. granted patents and more than 800 granted and pending patents worldwide. Updated
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D-Wave Quantum Inc. is a quantum computing company that designs, develops, and delivers quantum computing systems, software, and services.
The Wall Street consensus 12-month price target for QBTS is $34.65.
