At the archive date, D-Wave Quantum Inc. was expected to release its Q3 2026 10-Q filing on November 2, 2026. Last quarter: D-Wave's Q2 FY2026 operating loss widened on surging R&D costs from the Quantum Circuits acquisition, while net loss narrowed sharply due to the absence of a prior-year warrant liability charge.
EPS Estimate
$-0.10
Revenue Estimate
$4.42M
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the QBTS page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
The decline in system sales was primarily due to the timing of progress recognized under the percentage-of-completion method on the system contracted for delivery in each period, not a reduction in underlying demand.
The acquisition of Quantum Circuits in January 2026 for $250 million in cash and 10.4 million shares drove significant increases in R&D, including higher personnel, depreciation, and stock-based compensation costs.
In July 2026, the company voluntarily moved its stock listing from the NYSE to Nasdaq, retaining ticker QBTS, and remains subject to continued listing requirements.
Revenue
$3.08M
-0.61% YoY
EPS (Diluted)
-$0.13
+76.36% YoY
Gross Margin
55.4%
-8.4 pts YoY
Operating Income
-$53.28M
-101.03% YoY
Add QBTS to your watchlist to keep its archived reports easy to find. New filing alerts are no longer sent.