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D-Wave QuantumQBTS

Quantum hardware & platforms · NYSE · Canada

$14.60
Down 4.1% todayClose

Down 41.8% this year and −27.3% since July 10, behind the quantum sector at −9.4%. D-Wave Quantum buys from 1 mapped company.

Market cap
$5.5B
This year
−41.8%
1 year
−57.4%
P/E
n/a
P/S
446.1
P/B
5.1

Price vs the quantum sector

since Jul 10QBTSQuantum sector, equal weight
D-Wave Quantum (QBTS) vs the Quantum sector indexDaily closes from Jul 10, 2026 to Oct 8, 2026, each line rebased to its own first value. QBTS: −27.3% from Jul 10, 2026 to Oct 8, 2026. Quantum sector index: −9.4% from Jul 10, 2026 to Oct 8, 2026.−30%−20%−10%0%+10%Jul 10AugSepOct 8QBTS −27.3%Sector −9.4% D-Wave Quantum (QBTS) vs the Quantum sector indexDaily closes from Jul 10, 2026 to Oct 8, 2026, each line rebased to its own first value. QBTS: −27.3% from Jul 10, 2026 to Oct 8, 2026. Quantum sector index: −9.4% from Jul 10, 2026 to Oct 8, 2026.−20%0%Jul 10SepOct 8QBTS−27.3%Sector−9.4%

Supply chain

1 supplier
SUPPLIERS →→ CUSTOMERSFormFactor (FORM)FORMFormFactor−1.9%None mappedQBTSD-Wave Quantum

Suppliers 1

Open the full chain →

About D-Wave Quantum

Annealing rather than gate-model machines, sold for optimization problems and already running inside companies. A gate-model programme is being developed in parallel.

Theme exposure

AnnealingCommercial deploymentsCanadaOptimizationQuantum cloud

Products

  • Advantage2 annealers
  • Leap (cloud access)
  • Optimization applications

Competitors

  • IonQ
  • Rigetti
  • Classical HPC optimization

Risks

  • Annealing mainly addresses optimization problems
  • Dilution from recurring capital raises

Same segment: Quantum hardware & platforms

The companies building the quantum computers themselves, trapped ions, superconducting qubits, photonics and annealing. Segment 1 of 2 in the Quantum computing value chain.

IonQIONQ−4.6%Rigetti ComputingRGTI−3.1%Quantum Computing Inc.QUBT−2.2%

Compare QBTS

Side by side with the largest companies in the same segment.

QBTS vs IONQQBTS vs RGTIQBTS vs QUBT

See where D-Wave Quantum sits in the full Quantum computing map: every segment from upstream suppliers to end markets, with daily metrics.

Open the Quantum value chain →