Quantum Computing

D-Wave Quantum

Medium56% confidenceProfile verified Jul 22, 2026

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.

Steadyinsider filing activity unchanged since last check

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 · 68% avg. source confidence

  • U.S. Securities and Exchange Commission (EDGAR)D-Wave Quantum FY2025 Annual Report (Form 10-K), filed with the SEC95% source confidence
  • Investing.comD-Wave Q1 2026 bookings surge 1,994% to $33.4M amid revenue decline62% source confidence
  • The Quantum InsiderD-Wave completes second phase of Shionogi drug discovery project with 10x improvement58% source confidence
  • Yahoo FinanceD-Wave stock slides 29% in July even as loss narrows and gate-model simulator readies for launch56% source confidence

Insider Filing Activity

27Form 4 filings, trailing 90 days0 since last week's snapshot

Counts filing frequency only — transaction direction/size wasn't parseable from the sampled filings · sourced from SEC EDGAR · as of Jul 28, 2026

Dependency Map

What D-Wave Quantum depends on below, and who depends on D-Wave Quantum above — click any node to make it the new center, 5 levels deep.

Connection type

Investment
Dependency
Supply Chain
Development
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Competition / Other
Succession

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The Story So Far (last 6 months)

Feb 2026: D-Wave Quantum FY2025 Annual Report (Form 10-K), filed with the SECMay 2026: D-Wave Q1 2026 bookings surge 1,994% to $33.4M amid revenue declineMay 2026: D-Wave completes second phase of Shionogi drug discovery project with 10x improvementJul 2026: D-Wave stock slides 29% in July even as loss narrows and gate-model simulator readies for…

Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.

D-Wave Quantum's Timeline

A sourced, dated history of D-Wave Quantum's key moments — founding to present.

  1. 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.