D-Wave is losing money and orders are shrinking, but positive free cash flow could be just around the corner.

D-Wave Quantum ( QBTS +6.51%) may be looking to 2026 as its breakout year. The quantum computing company saw revenue grow 179% in 2025, and closed out the year with accelerated bookings.

Shares of D-Wave Quantum (QBTS) were largely flat premarket on Thursday after the company's fourth quarter results missed estimates.

In short, while D-Wave remains a pioneer with a strong bookings pipeline, IonQ’s combination of massive revenue beats, ...

D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave”) a leader in quantum computing systems, software and services, announced ...

D-Wave Quantum completed the acquisition of Quantum Circuits, adding a gate-model platform to its existing annealing systems. The company reported major commercial agreements, including eight-figure ...

The company's revenue is on an upward trajectory, but its share price probably isn't.

Q4 2025 Management View Alan Baratz, President, CEO & Director, described fiscal 2025 as an inflection point for both D-Wave and the quantum computing industry, emphasizing, "We delivered proof, we ...

Anticipation surrounds D-Wave Quantum's announcement, with investors hoping to hear about both surpassing estimates and ...

D-Wave Computing is upgraded to Buy, driven by positive quantum sector developments and Nvidia's NVQLink announcement. QBTS stands out for commercial viability, rapid revenue growth, and a unique ...

CHONGQING, CHINA - MAY 06: In this photo illustration, the logo of D-Wave Quantum Inc. is displayed on a smartphone screen, with the company's stylized branding visible in the background, on May 06, ...