QBTS D-Wave Quantum Inc.

8-K Current Report

Filed: February 26, 2026

Information Technology

Services-Computer Processing & Data Preparation

D-Wave Quantum Inc. (QBTS) 8-K current report filed with SEC EDGAR on February 26, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.

Reported 8-K Items
2 items

Item 2.02: Results of Operations and Financial Condition
Item 7.01: Regulation FD Disclosure

AI Filing Analysis
8-K

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

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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

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