Stocks · Technology · Services-Computer Processing & Data Preparation

D-Wave Quantum Inc.

QBTS Clue Score56
United States Fiscal year ends December CIK 0001907982
14.57
-0.21%
Close, 9 Oct 2026 · USD

Price, with every insider trade on it

Closing prices, 12 months · point at a dot for who traded, or at the line for the close
14.57 on 9 Oct 2026
45 29 13 Oct 2025 Apr 2026 Oct 2026 13 Oct 2025 $40.62 14 Oct 2025 $43.06 15 Oct 2025 $44.78 16 Oct 2025 $40.46 17 Oct 2025 $38.33 20 Oct 2025 $34.40 21 Oct 2025 $32.19 22 Oct 2025 $27.29 23 Oct 2025 $31.06 24 Oct 2025 $32.65 27 Oct 2025 $35.04 28 Oct 2025 $32.00 29 Oct 2025 $34.26 30 Oct 2025 $36.11 31 Oct 2025 $37.06 3 Nov 2025 $33.09 4 Nov 2025 $29.74 5 Nov 2025 $31.02 6 Nov 2025 $28.39 7 Nov 2025 $29.50 10 Nov 2025 $29.37 11 Nov 2025 $28.99 12 Nov 2025 $26.40 13 Nov 2025 $23.39 14 Nov 2025 $23.61 17 Nov 2025 $22.83 18 Nov 2025 $22.93 19 Nov 2025 $23.44 20 Nov 2025 $20.51 21 Nov 2025 $20.41 24 Nov 2025 $23.11 25 Nov 2025 $22.59 26 Nov 2025 $22.41 28 Nov 2025 $22.67 1 Dec 2025 $21.42 2 Dec 2025 $22.50 3 Dec 2025 $25.08 4 Dec 2025 $28.73 5 Dec 2025 $27.00 8 Dec 2025 $28.44 9 Dec 2025 $28.33 10 Dec 2025 $26.80 11 Dec 2025 $27.98 12 Dec 2025 $26.10 15 Dec 2025 $23.74 16 Dec 2025 $25.52 17 Dec 2025 $23.80 18 Dec 2025 $24.89 19 Dec 2025 $26.82 22 Dec 2025 $32.19 23 Dec 2025 $29.12 24 Dec 2025 $27.52 26 Dec 2025 $25.29 29 Dec 2025 $26.15 30 Dec 2025 $26.25 31 Dec 2025 $26.15 2 Jan 2026 $28.13 5 Jan 2026 $30.64 6 Jan 2026 $31.27 7 Jan 2026 $30.20 8 Jan 2026 $29.28 9 Jan 2026 $28.11 12 Jan 2026 $28.80 13 Jan 2026 $28.82 14 Jan 2026 $30.15 15 Jan 2026 $28.72 16 Jan 2026 $28.83 20 Jan 2026 $27.04 21 Jan 2026 $26.04 22 Jan 2026 $27.43 23 Jan 2026 $25.63 26 Jan 2026 $23.75 27 Jan 2026 $24.69 28 Jan 2026 $24.97 29 Jan 2026 $23.22 30 Jan 2026 $21.22 2 Feb 2026 $20.97 3 Feb 2026 $21.40 4 Feb 2026 $20.11 5 Feb 2026 $17.21 6 Feb 2026 $20.72 9 Feb 2026 $21.21 10 Feb 2026 $20.44 11 Feb 2026 $19.64 12 Feb 2026 $18.82 13 Feb 2026 $19.67 17 Feb 2026 $18.44 18 Feb 2026 $19.07 19 Feb 2026 $19.38 20 Feb 2026 $18.06 23 Feb 2026 $18.05 24 Feb 2026 $18.66 25 Feb 2026 $19.65 26 Feb 2026 $20.14 27 Feb 2026 $18.78 2 Mar 2026 $18.94 3 Mar 2026 $18.24 4 Mar 2026 $18.91 5 Mar 2026 $18.83 6 Mar 2026 $18.59 9 Mar 2026 $19.04 10 Mar 2026 $18.76 11 Mar 2026 $18.91 12 Mar 2026 $17.83 13 Mar 2026 $17.55 16 Mar 2026 $17.46 17 Mar 2026 $17.47 18 Mar 2026 $16.49 19 Mar 2026 $16.10 20 Mar 2026 $15.73 23 Mar 2026 $16.31 24 Mar 2026 $15.93 25 Mar 2026 $16.19 26 Mar 2026 $14.65 27 Mar 2026 $13.90 30 Mar 2026 $12.98 31 Mar 2026 $14.43 1 Apr 2026 $13.70 2 Apr 2026 $14.32 6 Apr 2026 $14.14 7 Apr 2026 $13.74 8 Apr 2026 $14.57 9 Apr 2026 $13.87 10 Apr 2026 $14.25 13 Apr 2026 $14.65 14 Apr 2026 $16.97 15 Apr 2026 $20.81 16 Apr 2026 $21.52 17 Apr 2026 $21.69 20 Apr 2026 $21.66 21 Apr 2026 $20.36 22 Apr 2026 $21.24 23 Apr 2026 $19.31 24 Apr 2026 $18.49 27 Apr 2026 $18.80 28 Apr 2026 $18.11 29 Apr 2026 $18.27 30 Apr 2026 $20.28 1 May 2026 $20.49 4 May 2026 $20.92 5 May 2026 $21.54 6 May 2026 $23.83 7 May 2026 $21.99 8 May 2026 $22.57 11 May 2026 $24.03 12 May 2026 $22.35 13 May 2026 $21.44 14 May 2026 $22.13 15 May 2026 $20.35 18 May 2026 $19.06 19 May 2026 $18.19 20 May 2026 $19.30 21 May 2026 $25.74 22 May 2026 $29.40 26 May 2026 $27.82 27 May 2026 $27.48 28 May 2026 $29.49 29 May 2026 $30.14 1 Jun 2026 $29.18 2 Jun 2026 $29.91 3 Jun 2026 $27.55 4 Jun 2026 $27.64 5 Jun 2026 $23.85 8 Jun 2026 $25.83 9 Jun 2026 $23.52 10 Jun 2026 $23.25 11 Jun 2026 $23.82 12 Jun 2026 $23.37 15 Jun 2026 $26.26 16 Jun 2026 $23.94 17 Jun 2026 $22.92 18 Jun 2026 $24.69 22 Jun 2026 $24.47 23 Jun 2026 $25.03 24 Jun 2026 $22.98 25 Jun 2026 $21.91 26 Jun 2026 $22.76 29 Jun 2026 $23.83 30 Jun 2026 $23.99 1 Jul 2026 $23.50 2 Jul 2026 $22.53 6 Jul 2026 $22.56 7 Jul 2026 $21.06 8 Jul 2026 $20.64 9 Jul 2026 $21.16 10 Jul 2026 $20.09 13 Jul 2026 $18.66 14 Jul 2026 $18.95 15 Jul 2026 $18.27 16 Jul 2026 $16.92 17 Jul 2026 $16.73 20 Jul 2026 $16.72 21 Jul 2026 $17.80 22 Jul 2026 $17.35 23 Jul 2026 $17.10 24 Jul 2026 $16.21 27 Jul 2026 $19.51 28 Jul 2026 $17.64 29 Jul 2026 $16.18 30 Jul 2026 $17.98 31 Jul 2026 $18.08 3 Aug 2026 $19.98 4 Aug 2026 $21.83 5 Aug 2026 $21.39 6 Aug 2026 $19.41 7 Aug 2026 $20.76 10 Aug 2026 $20.19 11 Aug 2026 $20.23 12 Aug 2026 $20.74 13 Aug 2026 $20.90 14 Aug 2026 $21.17 17 Aug 2026 $20.87 18 Aug 2026 $19.53 19 Aug 2026 $19.32 20 Aug 2026 $18.80 21 Aug 2026 $20.39 24 Aug 2026 $18.68 25 Aug 2026 $19.35 26 Aug 2026 $17.51 27 Aug 2026 $17.90 28 Aug 2026 $16.99 31 Aug 2026 $17.20 1 Sep 2026 $16.54 2 Sep 2026 $16.49 3 Sep 2026 $16.82 4 Sep 2026 $16.58 8 Sep 2026 $17.67 9 Sep 2026 $17.12 10 Sep 2026 $16.66 11 Sep 2026 $16.80 14 Sep 2026 $16.83 15 Sep 2026 $16.41 16 Sep 2026 $16.27 17 Sep 2026 $17.69 18 Sep 2026 $17.11 21 Sep 2026 $17.70 22 Sep 2026 $17.56 23 Sep 2026 $16.81 24 Sep 2026 $17.48 25 Sep 2026 $17.41 28 Sep 2026 $16.78 29 Sep 2026 $16.43 30 Sep 2026 $16.57 1 Oct 2026 $16.56 2 Oct 2026 $15.77 5 Oct 2026 $15.64 6 Oct 2026 $15.79 7 Oct 2026 $15.22 8 Oct 2026 $14.60 9 Oct 2026 $14.57 Markovich John M. Chief Financial Officer Sold at will $349.68K 14 Oct 2025 · at $43.74 · 0.5% of stake Nguyen Diane EVP, Chief Legal Officer & GC Sold at will $911.04K 14 Oct 2025 · at $43.74 · 3.4% of stake BARATZ ALAN E President & CEO Sold at will $1.37M 14 Oct 2025 · at $43.74 · 1.1% of stake BARATZ ALAN E President & CEO Sold on a plan $23.28M 11 Nov 2025 · at $28.87 · 22.4% of stake Nguyen Diane EVP, Chief Legal Officer & GC Sold on a plan $538.24K 13 Nov 2025 · at $23.60 · 3.9% of stake Markovich John M. Chief Financial Officer Sold at will $2.27M 13 Nov 2025 · at $23.17 · 6.2% of stake BARATZ ALAN E President & CEO Sold at will $3.90M 13 Nov 2025 · at $23.17 · 6.0% of stake WEST STEVEN M Director Bought $1.79K 18 Nov 2025 · at $21.89 Markovich John M. Chief Financial Officer Sold on a plan $4.59M 20 Nov 2025 · at $22.94 · 11.9% of stake Nielsen Kirstjen Director Sold at will $158.34K 3 Dec 2025 · at $22.62 · 5.8% of stake Markovich John M. Chief Financial Officer Sold on a plan $2.51M 3 Dec 2025 · at $25.05 · 6.3% of stake Markovich John M. Chief Financial Officer Sold on a plan $2.76M 4 Dec 2025 · at $27.56 · 6.3% of stake DiLullo John D Director Sold on a plan $218.89K 5 Dec 2025 · at $27.36 · 22.3% of stake Nguyen Diane EVP, Chief Legal Officer & GC Sold at will $65.30K 15 Dec 2025 · at $23.89 · 0.5% of stake Ghai Rohit Director Sold on a plan $242.84K 15 Dec 2025 · at $24.28 · 20.9% of stake Markovich John M. Chief Financial Officer Sold at will $276.27K 15 Dec 2025 · at $23.89 · 0.8% of stake Markovich John M. Chief Financial Officer Sold on a plan $3.00M 22 Dec 2025 · at $30.03 · 6.4% of stake BARATZ ALAN E President & CEO Sold on a plan $23.91M 22 Dec 2025 · at $30.13 · 23.2% of stake Nguyen Diane EVP, Chief Legal Officer & GC Sold on a plan $577.16K 13 Jan 2026 · at $28.86 · 3.5% of stake Nguyen Diane EVP, Chief Legal Officer & GC Sold on a plan $126.81K 14 Jan 2026 · at $28.06 · 0.8% of stake Markovich John M. Chief Financial Officer Sold at will $257.58K 14 Jan 2026 · at $28.06 · 0.6% of stake BARATZ ALAN E President & CEO Sold at will $982.55K 14 Jan 2026 · at $28.06 · 1.3% of stake Nguyen Diane EVP, Chief Legal Officer & GC Sold at will $28.67K 13 Feb 2026 · at $19.76 · 0.3% of stake DiLullo John D Director Sold on a plan $144.10K 5 Mar 2026 · at $18.01 · 28.8% of stake Nguyen Diane EVP, Chief Legal Officer & GC Sold at will $44.63K 13 Mar 2026 · at $17.63 · 0.4% of stake Markovich John M. Chief Financial Officer Sold at will $188.72K 13 Mar 2026 · at $17.63 · 0.7% of stake Ghai Rohit Director Sold on a plan $176.17K 16 Mar 2026 · at $17.62 · 26.5% of stake AMES SOPHIE C Exec. Vice President & CHRO Sold on a plan $65.55K 20 Apr 2026 · at $21.35 · 0.5% of stake AMES SOPHIE C Exec. Vice President & CHRO Sold on a plan $436.93K 20 May 2026 · at $18.98 · 3.7% of stake Nguyen Diane EVP, Chief Legal Officer & GC Sold on a plan $1.00M 21 May 2026 · at $25.01 · 7.2% of stake Markovich John M. Chief Financial Officer Sold at will $9.11M 22 May 2026 · at $27.70 · 18.6% of stake Markovich John M. Chief Financial Officer Sold at will $90.15K 2 Jun 2026 · at $31.00 · 0.2% of stake DiLullo John D Director Sold on a plan $191.81K 5 Jun 2026 · at $24.43 · 26.9% of stake Markovich John M. Chief Financial Officer Sold at will $1.34M 8 Jun 2026 · at $26.24 · 3.5% of stake BARATZ ALAN E President & CEO Sold at will $17.97M 8 Jun 2026 · at $26.13 · 17.2% of stake Markovich John M. Chief Financial Officer Sold at will $1.86K 9 Jun 2026 · at $26.54 · 0.0% of stake Markovich John M. Chief Financial Officer Sold at will $1.11M 12 Jun 2026 · at $24.01 · 3.3% of stake Ghai Rohit Director Sold on a plan $357.05K 15 Jun 2026 · at $26.41 · 36.4% of stake Markovich John M. Chief Financial Officer Sold at will $5.14M 15 Jun 2026 · at $25.72 · 14.9% of stake AMES SOPHIE C Exec. Vice President & CHRO Sold on a plan $52.04K 20 Jul 2026 · at $16.95 · 0.5% of stake DiLullo John D Director Sold on a plan $19.80K 8 Sep 2026 · at $18.00 · 5.2% of stake
1 buy20 sales at will20 planned sales

Key numbers

Fiscal year 2025, ended 31 Dec 2025, as filed
Revenue
$24.59M
Net income
$355.06M
Free cash flow
$75.84M
Gross margin
82.6%
Operating margin
-408.2%
Net margin
-1,444.1%
Return on equity
-41.7%
Return on capital
-8.6%
Debt to equity
0.08
Revenue growth, 1 yr
178.5%
Revenue growth, 5 yr
36.7% a year

Revenue and net income

Fiscal years, as filed with the SEC · point at a year for the detail
5M -22M FY20 Fiscal year 2020 Revenue $5.16M Net income $21.97M Margin -425.7% 6M -41M FY21 Fiscal year 2021 Revenue $6.28M Net income $40.97M Margin -652.5% · growth +21.7% 7M -54M FY22 Fiscal year 2022 Revenue $7.17M Net income $53.70M Margin -748.7% · growth +14.2% 9M -83M FY23 Fiscal year 2023 Revenue $8.76M Net income $82.72M Margin -944.5% · growth +22.1% 9M -144M FY24 Fiscal year 2024 Revenue $8.83M Net income $143.88M Margin -1,630.0% · growth +0.8% 25M -355M FY25 Fiscal year 2025 Revenue $24.59M Net income $355.06M Margin -1,444.1% · growth +178.5%
RevenueNet incomeLoss

Latest insider transactions

From Form 4, most recent first
All of them →
DateInsiderTypeValueOf own stake
8 Sep 2026 DiLullo John D
Director
Sold on a plan $19.80K 5.2%
20 Jul 2026 AMES SOPHIE C
Exec. Vice President & CHRO
Sold on a plan $52.04K 0.5%
15 Jun 2026 Markovich John M.
Chief Financial Officer
Sold at will $5.14M 14.9%
15 Jun 2026 Ghai Rohit
Director
Sold on a plan $357.05K 36.4%
12 Jun 2026 Markovich John M.
Chief Financial Officer
Sold at will $1.11M 3.3%
9 Jun 2026 Markovich John M.
Chief Financial Officer
Sold at will $1.86K 0.0%