QBTS D-Wave Quantum Inc.companySEC Filings & Insider Trading Activity 2026
Latest D-Wave Quantum Inc. (QBTS) SEC EDGAR filings in 2026 — including the most recent 10-K annual report filed on February 26, 2026, a 10-Q quarterly report filed on November 6, 2025, an 8-K current report filed on April 29, 2026. SignalX aggregates every new 10-K annual report, 10-Q quarterly report, 8-K current report, and Form 4 insider transaction for D-Wave Quantum Inc. (QBTS) (SEC CIK 1907982), with AI-powered section-by-section summaries updated daily.
Latest 2026 SEC Filing Dates
AI 10-K Annual Report AnalysisLatest 10-K (2025-12-31)
Business Overview
- • Core business: Development and delivery of quantum computing systems, software, and services with dual-platform technology (annealing and gate-model)
- • New product emphasis: Sixth-generation annealing quantum system Advantage2 and Leap quantum cloud service with 99.9% uptime availability
Risk Factors
- • Regulatory/legal risk: Compliance with government funding regulations impacting use of government assistance for R&D, no specific law cited but ongoing government funding reliance noted
- • Geopolitical/macro risk: Currency exchange exposure due to revenues in USD and expenses in Canadian dollars, creating risk from fluctuations in CAD/USD rates
Management Discussion & Analysis
- • Revenue $24.6M in 2025, up 179% YoY from $8.8M; driven by $16.2M system sales, $0.8M professional services, offset by $1.2M QCaaS decline
- • Operating loss widened to $100.4M in 2025 from $77.2M in 2024; net loss $355.1M vs $143.9M; operating margin approx. -408% vs -876% (implied)
AI 8-K Current Report AnalysisRecent 8-K Filings
Item 2.02: Results of Operations and Financial Condition
- • FY2025 revenue $24.6M, up 179% YoY from $8.8M in FY2024 — accelerating top-line growth for a quantum computing pure-play
- • Cash + marketable securities hit record $884.5M at year-end, up 397% from $178.0M in FY2024
Item 7.01: Regulation FD Disclosure
- • $20M system purchase by Florida Atlantic University (deployment by end of 2026) + $10M two-year QCaaS deal with Fortune 100 company
- • Acquisition of Quantum Circuits, Inc. completed — gate fidelities >99.9%, erasure detection catches 90% of errors, logical qubits requiring ~10x fewer physical qubits vs. competing architectures
Annual Reports Archive10-K
AI-powered analysis of D-Wave Quantum Inc. (QBTS) 10-K annual reports filed with SEC EDGAR.
Recent 8-K FilingsCurrent Reports
AI-powered analysis of D-Wave Quantum Inc. (QBTS) 8-K current reports disclosing material events.
Financial SummaryXBRL
| FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | — | $8.8M | $8.8M | $24.6M |
| Gross Profit | $4.3M | $4.6M | $5.6M | $20.3M |
| Operating Income | — | -$80.5M | -$77.2M | -$100.4M |
| Net Income | — | -$82.7M | -$143.9M | -$355.1M |
| Gross Margin | — | 52.8% | 63.0% | 82.6% |
| Op. Margin | — | -919.7% | -874.8% | -408.2% |
| Net Margin | — | -944.5% | -1630.0% | -1444.1% |
| Balance Sheet | ||||
| Total Assets | $26.9M | $59.4M | $199.9M | $915.8M |
| Equity | — | -$24.5M | $62.6M | $852.2M |
| ROE | — | 337.9% | -229.7% | -41.7% |
Source: XBRL financial data from D-Wave Quantum Inc. (QBTS) 10-K filings on SEC EDGAR. All figures in USD. Key metrics include revenue, net income, gross profit, gross profit margin, operating income, EPS (diluted), total assets, stockholders' equity, return on equity (ROE), operating cash flow, and capital expenditure.
Latest 2026 SEC Filings — 10-K, 10-Q, 8-K & Form 4
| Form | Filing Date | Period | Analysis | SEC |
|---|---|---|---|---|
8-K | Apr 29, 2026 | — | — | — |
8-K | Feb 26, 2026 | — | Analysis | — |
10-K | Feb 26, 2026 | Dec 31, 2025 | Analysis | |
8-K | Feb 19, 2026 | — | — | |
8-K | Jan 27, 2026 | — | — | |
8-K | Jan 27, 2026 | — | — | |
8-K | Jan 20, 2026 | — | — | |
8-K | Jan 20, 2026 | — | — | |
8-K | Jan 7, 2026 | — | — | |
8-K | Jan 7, 2026 | — | — | |
8-K | Jan 6, 2026 | — | — | |
8-K | Dec 8, 2025 | — | — | |
8-K | Dec 2, 2025 | — | — | |
10-Q | Nov 6, 2025 | Sep 30, 2025 | — | |
10-Q | Aug 7, 2025 | Jun 30, 2025 | — | |
10-Q | May 8, 2025 | Mar 31, 2025 | — | |
10-K | Mar 14, 2025 | Dec 31, 2024 | — | |
10-Q | Nov 14, 2024 | Sep 30, 2024 | — | |
10-Q | Aug 8, 2024 | Jun 30, 2024 | — | |
10-Q | May 13, 2024 | Mar 31, 2024 | — | |
10-K | Mar 29, 2024 | Dec 31, 2023 | — | |
10-Q | Nov 9, 2023 | Sep 30, 2023 | — | |
10-Q | Aug 10, 2023 | Jun 30, 2023 | — | |
10-Q | May 19, 2023 | Mar 31, 2023 | — | |
10-K | Apr 18, 2023 | Dec 31, 2022 | — |
Frequently Asked Questions
What are the latest QBTS SEC filings in 2026?
D-Wave Quantum Inc. (QBTS) has filed a 10-K annual report on February 26, 2026, a 10-Q quarterly report on November 6, 2025, an 8-K current report on April 29, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.
When did QBTS file its most recent 10-K annual report?
D-Wave Quantum Inc. (QBTS) filed its most recent 10-K annual report on February 26, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.
How do I view QBTS 10-Q quarterly reports?
D-Wave Quantum Inc. (QBTS)'s most recent 10-Q quarterly report was filed on November 6, 2025. SignalX displays every QBTS 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.
What 8-K current reports has QBTS filed recently?
D-Wave Quantum Inc. (QBTS)'s most recent 8-K was filed on April 29, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.
Where can I find QBTS insider trading activity (Form 4)?
SignalX aggregates every QBTS Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.
How often does QBTS file with the SEC?
D-Wave Quantum Inc. (QBTS) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new QBTS filing with AI-powered analysis.
What is the difference between 10-K, 10-Q, and 8-K SEC filings?
A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs — such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for D-Wave Quantum Inc. (QBTS).
What is QBTS's SEC CIK number?
D-Wave Quantum Inc. (QBTS)'s SEC CIK (Central Index Key) number is 1907982. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1907982 to look up all QBTS filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.
Where can I find QBTS return on equity (ROE) and financial data?
SignalX extracts XBRL financial data from D-Wave Quantum Inc. (QBTS) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.
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