D-Wave Quantum Inc.
QBTSAs of the close on Sep 25, 2026
Price
$17.41
Market cap
$6.43B
P/E (diluted TTM)
—
The fourth quarter's per-share figure could not be confirmed from the annual report
EPS (TTM)
—
The fourth quarter's per-share figure could not be confirmed from the annual report
Dividend yield
—
Dividend records do not yet cover the latest payments
Figures shown here come from public SEC filings. Dates beside each section show the available history.
How D-Wave Quantum Inc. Makes Money
Follow each dollar of revenue through to what shareholders keep.
From revenue to net income
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Financial Summary
Choose a year or quarter, compare it with the same period a year earlier, and open any row for its full filing history.
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SEC filings supply these figures; updates after the dates shown are not included. This page includes 6 annual periods. The latest annual period ends Dec 31, 2025. The latest insider filing shown is dated Jun 16, 2026. The latest institutional report shown is dated Mar 31, 2026; other ownership filings may exist.
Ownership
Who holds the shares, as reported in SEC ownership filings.
Reported 13F positions
Each row shows what a filer reported for one date, not a current position. The link opens that filing.
| Filer | Report date | Shares | Value | Filing |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | 2026-03-31 | 482,573 | $6.96M | SEC filing |
| DIMENSIONAL FUND ADVISORS LP | 2026-03-31 | 143,064 | $2.06M | SEC filing |
| Essential Partners LLC | 2026-03-31 | 2 | $29 | SEC filing |
| VOYA INVESTMENT MANAGEMENT LLC | 2026-03-31 | 400,908 | $5.79M | SEC filing |
| Traynor Capital Management, Inc. | 2026-03-31 | 4,541 | $58.9K | SEC filing |
| MARK SHEPTOFF FINANCIAL PLANNING, LLC | 2026-03-31 | 125 | Not shown | SEC filing |
| ROTHSCHILD INVESTMENT LLC | 2026-03-31 | 1,681 | $24.3K | SEC filing |
| HRT FINANCIAL LP | 2026-03-31 | 3,359,551 | Not shown | SEC filing |
| Allspring Global Investments Holdings, LLC | 2026-03-31 | 98,747 | $1.35M | SEC filing |
| BANK OF MONTREAL /CAN/ | 2026-03-31 | 17,096 | $247K | SEC filing |
| Transamerica Financial Advisors, LLC | 2026-03-31 | 5 | $72 | SEC filing |
| Vanguard Personalized Indexing Management, LLC | 2026-03-31 | 33,450 | $483K | SEC filing |
| Goodman Advisory Group, LLC | 2026-03-31 | 340 | $4.91K | SEC filing |
| Innovative Asset Advisors Group, LLC | 2026-03-31 | 2,600 | $37.5K | SEC filing |
| HANTZ FINANCIAL SERVICES, INC. | 2026-03-31 | 2,750 | Not shown | SEC filing |
| Kestra Advisory Services, LLC | 2026-03-31 | 255,970 | $3.69M | SEC filing |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV | 2026-03-31 | 21,773 | $314K | SEC filing |
| UMB Bank, n.a. | 2026-03-31 | 500 | $7.22K | SEC filing |
| LAZARD ASSET MANAGEMENT LLC | 2026-03-31 | 12,521 | $181K | SEC filing |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2026-03-31 | 1,734,355 | $25M | SEC filing |
- Each value is checked against D-Wave Quantum Inc.'s share prices from within about three months of its report date (insiders' Form 4 trades and the latest close).
- Value not shown for 2 rows: the filed value is about 1,000 times too small for the share count at D-Wave Quantum Inc.'s share price.
- Value not shown for 1 row: the value per share could not be confirmed against the share prices on file from within three months of the report date.
120 filers have only one report here.
Unusually large insider trades
Each trade is compared with the other insider trades of the same kind in the same security among D-Wave Quantum Inc.'s recent filings on file. Size alone is context, not a prediction or evidence of improper trading.
- 2025-01-14 · PUBLIC SECTOR PENSION INVESTMENT BOARD: Larger than all 11 other insider sales of Common Stock on file. SEC filing
- 2024-12-12 · PUBLIC SECTOR PENSION INVESTMENT BOARD: Larger than 10 of the 11 other insider sales of Common Stock on file. SEC filing
- 2024-06-13 · Michael Emil (derivative): Larger than all 8 other insider sales of Warrants on file. SEC filing
Purchases & sales (open market or private)
| Security | Code | Price | Filing | |||
|---|---|---|---|---|---|---|
| 2026-06-15 | Markovich John M. · Chief Financial Officer | Common Stock, par value $0.0001 per share ("Common Stock") | S — Open market or private sale | −100,000 | 25.75 | SEC filing |
| 2026-06-15 | Markovich John M. · Chief Financial Officer | Common Stock, par value $0.0001 per share ("Common Stock") | S — Open market or private sale | −100,000 | 25.68 | SEC filing |
| 2026-06-15 | Ghai Rohit · Director | Common Stock, par value $0.0001 per share ("Common Stock") | S — Open market or private sale | −13,518 | 26.41 | SEC filing |
| 2026-06-12 | Markovich John M. · Chief Financial Officer | Common Stock, par value $0.0001 per share ("Common Stock") | S — Open market or private sale | −46,043 | 24.01 | SEC filing |
| 2026-06-09 | Markovich John M. · Chief Financial Officer | Common Stock, par value $0.0001 per share ("Common Stock") | S — Open market or private sale | −70 | 26.54 | SEC filing |
| 2026-06-08 | BARATZ ALAN E · President & CEO | Common Stock, par value $0.0001 per share ("Common Stock") | S — Open market or private sale | −687,627 | 26.13 | SEC filing |
| 2026-06-08 | Markovich John M. · Chief Financial Officer | Common Stock, par value $0.0001 per share ("Common Stock") | S — Open market or private sale | −50,979 | 26.24 | SEC filing |
| 2026-06-05 | DiLullo John D · Director | Common Stock, par value $0.0001 per share ("Common Stock") | S — Open market or private sale | −7,850 | 24.43 | SEC filing |
Showing 8 of 11 rows
Grants, exercises, tax & gifts
| Security | Code | Filing | |||
|---|---|---|---|---|---|
| 2026-06-15 | Nguyen Diane · EVP, Chief Legal Officer & GC | Common Stock, par value $0.0001 per share ("Common Stock") | F — Payment of exercise price or tax by delivering securities | −3,191 | SEC filing |
| 2026-06-15 | AMES SOPHIE C · Exec. Vice President & CHRO | Common Stock, par value $0.0001 per share ("Common Stock") | F — Payment of exercise price or tax by delivering securities | −1,544 | SEC filing |
| 2026-06-15 | Markovich John M. · Chief Financial Officer | Common Stock, par value $0.0001 per share ("Common Stock") | F — Payment of exercise price or tax by delivering securities | −10,584 | SEC filing |
| 2026-06-15 | BLACK STANLEY T · Exec. Vice President & CISO | Common Stock, par value $0.0001 per share ("Common Stock") | F — Payment of exercise price or tax by delivering securities | −1,535 | SEC filing |
| 2026-06-08 | BARATZ ALAN E · President & CEO | Common Stock, par value $0.0001 per share ("Common Stock") | M — Exercise or conversion of derivative security | +474,395 | SEC filing |
| 2026-06-08 | BARATZ ALAN E · President & CEO | Stock Option (right to buy) | M — Exercise or conversion of derivative security | −213,232 | SEC filing |
| 2026-06-08 | BARATZ ALAN E · President & CEO | Stock Option (right to buy) | M — Exercise or conversion of derivative security | −474,395 | SEC filing |
| 2026-06-08 | BARATZ ALAN E · President & CEO | Common Stock, par value $0.0001 per share ("Common Stock") | M — Exercise or conversion of derivative security | +213,232 | SEC filing |
Showing 8 of 37 rows
Other activity
| Security | Code | Filing | |||
|---|---|---|---|---|---|
| 2023-08-22 | Michael Emil · Director | Warrants | J — Other acquisition or disposition | −8,000,000 | SEC filing |
| 2023-08-22 | Michael Emil · Director | Warrants | J — Other acquisition or disposition | +2,708,894 | SEC filing |
| 2023-08-10 | Michael Emil · Director | Common Stock, par value $0.0001 per share | J — Other acquisition or disposition | +887,048 | SEC filing |
| 2023-08-10 | Michael Emil · Director | Common Stock, par value $0.0001 per share | J — Other acquisition or disposition | −2,768,075 | SEC filing |
Showing 4 of 4 rows
These tables describe filed transactions, not current holdings. Prices are shown as filed; a currency is added only when the filing's data names one. Amended and possible duplicate rows are left out of size comparisons and transaction groups.