Quantum Computing
D-Wave Quantum
30-Second Executive Brief
Executive Assessment
D-Wave Quantum functions as a regional institution within Quantum Computing, backed by 55% sourcing coverage, with a stable competitive position.
- Maintains 2 mapped relationships across the graph
- 55% sourcing coverage across sourced relationships
- Tracked as regional institution within the Quantum Computing category
Executive Snapshot
- Strategic Role
- Regional Institution
- Sourcing Coverage
- 55%
- Ecosystem Influence
- Moderate
- Strategic Momentum
- Insufficient Data
View Methodology →
Computed live from this entity's own relationships and evidence: how many relationships carry at least one linked citation, weighted with citation recency and source type — independent of Strategic Importance, and not a prediction. Not a hand-typed number; recalculated on every read.
Coverage
- Mapped Relationships
- 2
- Technology Domains
- 3
Strategic Implications
- Central node connecting multiple strategic ecosystems
- Directly influences technology and capital flows
- Material relevance to downstream dependency mapping
Top Opportunities
Top Risks
Critical Dependencies
The longest-established quantum annealing company, now expanding into gate-model systems, which reported record Q1 2026 bookings of $33.4 million (up nearly 2,000% year-over-year) including a $20 million system sale to Florida Atlantic University and a $10 million enterprise agreement with a Fortune 100 company, against a $588.4 million cash balance. D-Wave completed the second phase of a drug-discovery project with Shionogi, delivering a ten-fold increase in desirable drug-like molecule discovery versus classical machine learning.
Leading Indicators
Hiring and patent filing trends — the underlying numbers Momentum is computed from. Insider filing activity is tracked separately under Sources below.
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
4 sources · 1 government/SEC filing
- U.S. Securities and Exchange Commission (EDGAR) — D-Wave Quantum FY2025 Annual Report (Form 10-K), filed with the SECgovernment
- Yahoo Finance — D-Wave stock slides 29% in July even as loss narrows and gate-model simulator readies for launchmarket-data
- Investing.com — D-Wave Q1 2026 bookings surge 1,994% to $33.4M amid revenue declinemarket-data
- The Quantum Insider — D-Wave completes second phase of Shionogi drug discovery project with 10x improvementnews
Latest Activity
- NewsU.S. Gets Minority Stakes in Some Quantum Computing Companies in $300 Million CHIPS Act Funding Deal - WSJGoogle News — Business
- FilingD-Wave Quantum filed an 8-K (items 1.01,7.01,8.01,9.01)8-K
- FilingD-Wave Quantum filed an 8-K (items 5.02,9.01)8-K
- FilingD-Wave Quantum filed an 8-K (items 7.01,9.01)8-K
- FilingD-Wave Quantum filed an 8-K (items 5.02,9.01)8-K
- FilingD-Wave Quantum filed an 8-K (items 2.02,9.01)8-K
Insider Filing Activity
Counts filing frequency only — transaction direction/size wasn't parseable from the sampled filings · sourced from SEC EDGAR · as of Sep 7, 2026
Acquisition & Investment Fit
AI-reasoned, generated only from entities already in InsightNodes's own graph — a hypothetical strategic-fit exercise, not real M&A intelligence or a signal that any deal is planned or in progress.
Relationship Map
The relationships surrounding D-Wave Quantum — ownership, dependencies, regulation, technology and market context. Click any node to make it the new center, 2 levels deep.
Connection type
Click any node to make it the new center. Scroll to zoom, drag to pan.
The Story So Far (last 6 months)
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.
Market Intelligence
UnverifiedCredibly-reported claims — analyst notes, sourcing citing “people familiar with the matter,” deals where the companies involved declined to comment — that haven't been officially confirmed. Kept structurally separate from the sourced evidence above; treat as a lead worth researching further, not an established fact.
The 1,994% bookings surge against an 81% revenue decline is a timing artifact, not a business deterioration -- bookings are the leading indicator here, not the trailing revenue figure
27% confidenceD-Wave's Q1 2026 revenue decline of 81% alongside a 1,994% bookings surge reflects the lumpy, large-system-sale nature of its revenue model rather than deteriorating demand, with the raised 2-3 systems/year sales outlook and new Florida Atlantic University and Fortune 100 deals suggesting bookings are the more forward-looking indicator of business health than the quarter's revenue figure.
This is InsightNodes' own interpretive read: D-Wave's Q1 2026 revenue fell 81% because the prior-year quarter included a major system sale that this quarter didn't repeat, while bookings (contracted future revenue) surged nearly 2,000% on the Florida Atlantic University and Fortune 100 deals -- since D-Wave's revenue model depends on a small number of large, lumpy system sales, bookings are the more forward-looking indicator of business health, and the raised 2-3 systems/year sales outlook suggests the revenue decline is a sequencing effect rather than a demand problem.
InsightNodes analysis of D-Wave's bookings-revenue timing gap · Aug 14, 2026
D-Wave Quantum's Timeline
A sourced, dated history of D-Wave Quantum's key moments — founding to present.
2026-Q1 · Record bookings surge nearly 2,000% YoY
D-Wave reported record Q1 2026 bookings of $33.4 million, up nearly 2,000% year-over-year, driven by a $20 million system sale to Florida Atlantic University and a $10 million Fortune 100 enterprise agreement, while raising its system sales outlook to 2-3 per year.