Stocks

QBTS

D-Wave Quantum

Quantum annealing systems aimed at optimisation problems.

$17.48
▲ +0.67 (+3.99%)
Close of · NASDAQ · Quotes are delayed at least 15 minutes.
12-month closing price

QBTS key data

Open
$16.55
Day range
$16.47 – $17.59
52-week range
$12.75 – $46.75
Volume
18.61M
Market cap
$6.38 billion
Shares outstanding
368.84M
Industry
Services-Computer Processing & Data Preparation
Employees
388
EPS (TTM, diluted)
-$0.69

Latest reported results

Q2 FY2026 · period ended · filed

Revenue (quarter)
$3.08 million
Net loss
$48.03 million
Net margin
-1561.4%
EPS (quarter)
-$0.13
Revenue (TTM)
$12.43 million
Shareholder equity
$1.08 billion

Revenue & earnings trend

Last 8 reported quarters, oldest to most recent. Bar height is revenue; the figure below each bar is net income (red = net loss).

Q3 FY2024
$22.71 million
Q4 FY2024
$86.08 million
Q1 FY2025
$5.42 million
Q2 FY2025
$167.33 million
Q3 FY2025
$139.99 million
Q4 FY2025
$42.33 million
Q1 FY2026
$18.36 million
Q2 FY2026
$48.03 million

About D-Wave Quantum

D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.

D-Wave Quantum website

QBTS price chart

Daily open, high, low and close with volume.

Quotes are delayed at least 15 minutes.

QBTS technical indicators

Computed daily from QBTS's own price history — not third-party ratings. Technical analysis describes past price behaviour; it is information, not investment advice.

RSI (14-day)
48.9 (Neutral)
50-day moving average
$18.20
200-day moving average
$21.11
Trend signal
Death Cross (bearish long-term trend)
MACD (12, 26, 9)
Bullish (MACD above signal line)
Bollinger Bands (20-day)
$16.07 – $17.99
Stochastic %K (14-day)
53.5 (Neutral)
ATR (14-day)
$1.14

Fibonacci retracement

Based on QBTS's high/low over the same history as the chart above.

0.0%
$46.75
23.6%
$38.73
38.2%
$33.76
50.0%
$29.75
61.8%
$25.74
78.6%
$20.03
100.0%
$12.75

QBTS vs. sector peers

Price and trailing P/E ratio next to QBTS's closest covered peers.

Company Price P/E (TTM)
D-Wave Quantum (QBTS) $17.48 —
Rigetti Computing (RGTI) $16.50 —
NVIDIA (NVDA) $224.58 28.4
Quantum Computing Inc (QUBT) $9.16 —
Alphabet (GOOGL) $342.36 17.2
IonQ (IONQ) $44.98 —

Quotes are delayed at least 15 minutes. Peers come from Polygon's related-company mapping, limited to symbols this desk covers.

QBTS frequently asked questions

What is the QBTS stock price today?

D-Wave Quantum (QBTS) last closed at $17.48 on September 24, 2026. Quotes are delayed at least 15 minutes.

What is the 52-week range for QBTS?

Over the past 52 weeks QBTS has traded between $12.75 and $46.75.

What is D-Wave Quantum's market cap?

D-Wave Quantum has a market capitalisation of about $6.38 billion.

Which exchange is QBTS listed on?

QBTS trades on NASDAQ, in the Services-Computer Processing & Data Preparation industry.

What was D-Wave Quantum's most recent revenue?

D-Wave Quantum reported revenue of $3.08 million for Q2 FY2026, with a net loss of $48.03 million.

What is D-Wave Quantum's return on equity?

D-Wave Quantum generated a trailing twelve-month return on equity of about -23.0%.

Is QBTS overbought or oversold?

QBTS's 14-day relative strength index (RSI) is 48.9, which is neutral on the standard 30/70 scale. RSI measures the speed of recent price moves, not a price target — this is not investment advice.

Is QBTS in an uptrend or downtrend?

QBTS's 50-day moving average is currently below its 200-day moving average — a Death Cross (bearish long-term trend) in classic technical-analysis terms. Moving-average crossovers describe past price behaviour, not a forecast.

QBTS sectors

Others in Quantum computing

Related stocks

Quotes are delayed at least 15 minutes. Last updated .