
D-Wave's record bookings, expanding backlog and stronger commercial traction give it the edge over Rigetti ahead of second-quarter earnings.
D-Wave Quantum Inc. develops and offers quantum computing systems, software and services worldwide. The company is headquartered in Burnaby, Canada.
| Revenue (TTM) | $12.44M |
| Gross Profit (TTM) | $8.25M |
| EBITDA | $-138.81M |
| Operating Margin | -1915.00% |
| Return on Equity | -55.30% |
| Return on Assets | -11.80% |
| Revenue/Share (TTM) | $0.04 |
| Book Value | $3.04 |
| Price-to-Book | 6.43 |
| Price-to-Sales (TTM) | 482.56 |
| EV/Revenue | 537.27 |
| EV/EBITDA | -2.06 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | -80.90% |
| Shares Outstanding | $367.27M |
| Float | $358.22M |
| % Insiders | 2.17% |
| % Institutions | 49.38% |
Volatility is currently expanding

D-Wave's record bookings, expanding backlog and stronger commercial traction give it the edge over Rigetti ahead of second-quarter earnings.

D-Wave Quantum Inc. surged on AT&T partnership news, but the deal remains exploratory with no confirmed revenue impact or production deployment. The quantum computing company is only forecast to generate upcoming Q2'26 revenues of $4 million. Despite a $7B market cap, QBTS is only forecast to report revenues of $43M in 2026 and faces intense competition and limited near-term market opportunity.

NVDA-led AI infrastructure concerns sparked a pullback in quantum stocks, but D-Wave Quantum and Rigetti Computing remain backed by strong commercial momentum.

D-Wave is helping AT&T modernize its network. Analysts see more gains ahead for D-Wave's investors.

QBTS heads into Q2 earnings with strong bookings, revenue visibility and liquidity, while investors watch if execution kept pace through the June quarter.

Benchmark analyst Gary Mobley projects the quantum industry should generate roughly $1.5 billion in revenue in 2026.

D-Wave Quantum (QBTS) stock is ripping higher on Monday morning after the company revealed an expanded agreement with telecom giant AT&T (T). The quantum computing firm now looks headed to challenge its 20-day moving average (MA) – with a decisive break above $19.66 expected to boost upward momentum in the near-term.

D-Wave Quantum (NYSE:QBTS) shares are up 7% to $19.29 in Monday morning trading after the company announced an expanded agreement with AT&T (NYSE:T | T Price Prediction) to deploy its annealing quantum systems across network operations.

D-Wave Quantum Inc (NYSE:QBTS) is surging ahead of the open after announcing that AT&T (T) will expand its use of the company's quantum computing technology to optimize network operations.

AT&T will use D-Wave Quantum's signature annealing quantum computers under an expanded partnership.
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