QBTS Earnings

D-Wave Reports Second Quarter 2025 Results

Published August 07, 2025 at 11:00 AM

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in commercial quantum computing systems, software, and services, today announced financial results for its second quarter ended June 30, 2025. “Our second quarter results show consistently strong performance across a multitude of technical and business metrics,” said Dr. Alan Baratz, CEO of D-Wave. “During the quarter, we brought to market our sixth-generation quantum computer, signed a me

Related Questions

How does the current quarter’s revenue, gross margin, and operating expenses compare to the same period last year? Did the company provide any updates on its roadmap for future quantum hardware generations and expected timelines? What is the guidance for Q3 2025 and full‑year 2025 earnings and revenue? Is there any guidance on cash flow, cash on hand, and expected capital expenditures for the next two quarters? How are the company’s operating expenses and R&D expenditures trending compared to prior quarters? What are the key drivers behind the reported 78 sentiment score and does it reflect underlying fundamentals? What are the details of the new contracts that were signed during the quarter – customers, contract value, and duration? How does D‑Wave’s Q2 earnings per share (EPS) compare with analysts’ consensus estimates? What are the anticipated impacts on the stock’s valuation multiples (P/E, EV/EBITDA) based on the Q2 results? What catalysts (e.g., new customer wins, scaling of quantum cloud services) could drive the stock price higher in the next 12‑months? What is the outlook for the quantum computing market’s size and D‑Wave’s market share relative to competitors like IBM, Google, and Rigetti? How does the company's capital structure look – debt level, debt maturity, and any upcoming refinancing needs? How will the launch of D‑Wave’s sixth‑generation quantum computer affect revenue growth in the coming quarters? Are there any notable regulatory or geopolitical risks that could affect D‑Wave’s commercial rollout? What are the potential market reactions to the new product launch in terms of stock volatility and analyst rating changes?