D Wave Quantum Stock Price, News & Analysis

D-Wave Quantum (NYSE: QBTS), a pioneer in commercial quantum computing systems, has appointed Stan Black as its new Chief Information Security Officer (CISO). Black brings over 20 years of cybersecurity experience from prominent tech companies including Dell/EMC/RSA/VMware, Citrix, Nuance Communications, and Delinea.

In his role at D-Wave, Black will focus on aligning security strategy with business objectives, contributing to product development, and advancing AI and machine learning governance. CEO Dr. Alan Baratz emphasized Black's expertise in making security practical and scalable across multi-cloud environments, AI governance, and regulatory compliance.

D-Wave Quantum (NYSE:QBTS) has announced its inaugural Qubits Japan 2025 quantum computing user conference, scheduled for September 17 in Tokyo. The announcement comes amid significant growth in the Asia Pacific region, with bookings up 83% over the past 12 months.

The conference, themed "Quantum Realized," will showcase several customer success stories, including: Japan Tobacco's quantum AI drug discovery pilot project, NTT DOCOMO's successful implementation of quantum optimization resulting in a 15% decrease in paging signals during peak times, and a strategic partnership with Yonsei University and Incheon Metropolitan City to advance quantum computing in South Korea.

D-Wave Quantum (NYSE: QBTS) reported strong Q2 2025 financial results with significant growth across key metrics. Revenue increased 42% year-over-year to $3.1 million, while GAAP gross profit rose 42% to $2.0 million. The company achieved its highest-ever cash balance of $819 million, bolstered by a successful $400 million ATM equity offering.

Key operational highlights include the launch of their sixth-generation Advantage2 quantum computer, strategic developments in cryogenic packaging, and new quantum AI developer tools. The company expanded its global presence through a strategic partnership with Yonsei University and Incheon Metropolitan City in South Korea.

Despite revenue growth, D-Wave reported a net loss of $167.3 million ($0.55 per share), primarily due to $142.0 million in non-cash charges related to warrant liability remeasurement.

D-Wave Quantum (NYSE:QBTS) has unveiled new developer tools to advance quantum AI exploration, including an open-source quantum AI toolkit and demo. The toolkit, part of D-Wave's Ocean™ software suite, enables seamless integration between D-Wave's quantum computers and PyTorch, a widely-used machine learning framework.

The toolkit features a PyTorch neural network module for building and training restricted Boltzmann machine (RBM) models using quantum computers, particularly useful for generative AI tasks like image recognition and drug discovery. The company has demonstrated successful quantum AI applications through collaborations with Japan Tobacco Inc., Jülich Supercomputing Centre, and TRIUMF, showing improved performance over classical computing methods in various applications.

D-Wave Quantum (NYSE:QBTS) has announced a strategic development initiative focused on advanced cryogenic packaging to accelerate both gate model and annealing quantum processor development. The company is collaborating with NASA Jet Propulsion Laboratory (JPL) to leverage their superconducting bump-bond process, successfully demonstrating end-to-end superconducting interconnect between chips.

The initiative aims to enhance D-Wave's multichip packaging capabilities, equipment, and processes. The company is also investing in equipment to increase circuit densities in its superconducting printed-circuit-board manufacturing, targeting the development of larger processors and supporting analog-digital quantum computing technology. The ultimate goal is to advance towards 100,000 qubits while maintaining superior qubit temperatures and coherence times.

D-Wave Quantum (NYSE:QBTS), a leader in quantum computing systems, software, and services, has scheduled its second quarter fiscal 2025 earnings release for August 7, 2025, before market open.

The company will host a conference call at 8:00 a.m. ET on the same day, featuring CEO Dr. Alan Baratz and CFO John Markovich. Investors can access the call via telephone at 1-800-717-1738 (domestic) or 1-646-307-1865 (international). An on-demand webcast will be available on D-Wave's investor relations website following the call.

D-Wave Quantum (NYSE:QBTS) released a significant market study revealing strong business interest in quantum optimization technology. The survey of 400 business leaders across North America, Europe, and Asia Pacific showed that 27% expect over $5 million ROI within the first year of quantum optimization adoption, while 46% anticipate $1-5 million in returns.

The study highlighted that 81% of leaders believe they've reached classical computing's optimization limits, with 53% planning to implement quantum computing and 27% considering it. Key application areas include supply chain and logistics (50%), manufacturing (38%), planning and inventory (36%), and R&D (36%).

D-Wave Quantum (NYSE: QBTS), a pioneer in commercial quantum computing, has successfully completed a $400 million at-the-market (ATM) equity offering. The offering, conducted between June 11th and June 27th, 2025, achieved an average share price of $15.18, representing a significant 149% premium compared to their previous $150M ATM program's average price of $6.10 from January 2025.

The company's cash balance has now increased to approximately $815 million. D-Wave plans to utilize these proceeds for strategic acquisitions, working capital, capital expenditures, and general corporate purposes. CEO Dr. Alan Baratz emphasized the company's intention to leverage what they consider the strongest balance sheet among public, independent quantum computing companies to expand their market leadership through strategic investments.

D-Wave Quantum (NYSE: QBTS) has signed a strategic memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City to advance quantum computing adoption in South Korea. The partnership focuses on research collaboration, talent development, and providing access to D-Wave's quantum computing technology. A key component of the agreement includes collaborative efforts to acquire a D-Wave Advantage2 system at Yonsei University's International Campus in Songdo. The partners aim to develop quantum computing applications in biotechnology, materials science, and other fields, while establishing Incheon as a global quantum hub. The initiative supports Yonsei University's mission to create a collaborative ecosystem for quantum computing research and commercial applications, while leveraging Incheon's strengths in the bio industry to foster innovation and attract international talent.