D-Wave Overview
- Year Founded
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1999
- Status
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Public
- Employees
-
200
- Stock Symbol
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QBTS
- Investments
-
1
- Share Price
-
$10.15
- (As of Friday Closing)
D-Wave General Information
Description
D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. The Company's mission is to unlock the power of quantum computing today to benefit business and society. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the Company's LeapTM cloud service.
Contact Information
Website
www.dwavesys.comCorporate Office
- 2650 East Bayshore Road
- Palo Alto, CA 94303
- United States
Corporate Office
- 2650 East Bayshore Road
- Palo Alto, CA 94303
- United States
D-Wave Timeline
D-Wave Stock Performance
As of 14-Mar-2025, D-Wave’s stock price is $10.15. Its current market cap is $2.71B with 267M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $10.15 | $6.91 | $0.75 - $11.41 | $2.71B | 267M | 87.4M | -$0.75 |
D-Wave Financials Summary
As of 31-Dec-2024, D-Wave has a trailing 12-month revenue of $8.83M.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 1,918,626 | 1,918,626 | 64,962 | 98,570 |
| Revenue | 8,827 | 8,827 | 8,758 | 7,173 |
| EBITDA | (138,050) | (138,050) | (80,833) | (49,034) |
| Net Income | (143,879) | (143,879) | (82,715) | (53,702) |
| Total Assets | 199,853 | 199,853 | 59,356 | 26,947 |
| Total Debt | 38,377 | 38,377 | 72,651 | 42,285 |
D-Wave Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
D-Wave Comparisons
Industry
Financing
Details
D-Wave Competitors (10)
One of D-Wave’s 10 competitors is IonQ, a Formerly VC-backed company based in College Park, MD.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| IonQ | Formerly VC-backed | College Park, MD | ||||
| Xanadu | Venture Capital-Backed | Toronto, Canada | ||||
| Infleqtion | Venture Capital-Backed | Boulder, CO | ||||
| 1QBit | Venture Capital-Backed | Vancouver, Canada | ||||
| Q-CTRL | Venture Capital-Backed | Chippendale, Australia |
D-Wave Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
D-Wave Patents
D-Wave Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240144068-A1 | Systems and methods for improving computational efficiency of processor-based devices in solving constrained quadratic models with penalty factors | Pending | 31-Oct-2022 | ||
| US-20240135218-A1 | Systems and methods for quantum annealing-assisted machine learning | Pending | 05-Oct-2022 | ||
| US-20240176842-A1 | Systems and methods for increasing diversity of samples | Pending | 09-May-2022 | ||
| US-20230316094-A1 | Systems and methods for heuristic algorithms with variable effort parameters | Pending | 29-Mar-2022 | ||
| US-20240019514-A1 | Thermally isolating cabling assemblies, systems using thermally isolating cabling assemblies, and methods of fabricating thermally isolating cabling assemblies | Pending | 07-Mar-2022 | G01R33/421 |
D-Wave Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
D-Wave Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
D-Wave Acquisitions (1)
D-Wave’s most recent deal was a Merger/Acquisition with DPCM Capital. The deal was made on 05-Aug-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| DPCM Capital | 05-Aug-2022 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) |
D-Wave FAQs
-
When was D-Wave founded?
D-Wave was founded in 1999.
-
Where is D-Wave headquartered?
D-Wave is headquartered in Palo Alto, CA.
-
What is the size of D-Wave?
D-Wave has 200 total employees.
-
What industry is D-Wave in?
D-Wave’s primary industry is Computers, Parts and Peripherals.
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Is D-Wave a private or public company?
D-Wave is a Public company.
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What is D-Wave’s stock symbol?
The ticker symbol for D-Wave is QBTS.
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What is the current stock price of D-Wave?
As of 14-Mar-2025 the stock price of D-Wave is $10.15.
-
What is the current market cap of D-Wave?
The current market capitalization of D-Wave is $2.71B.
-
What is D-Wave’s current revenue?
The trailing twelve month revenue for D-Wave is $8.83M.
-
Who are D-Wave’s competitors?
IonQ, Xanadu, Infleqtion, 1QBit, and Q-CTRL are some of the 10 competitors of D-Wave.
-
What is D-Wave’s annual earnings per share (EPS)?
D-Wave’s EPS for 12 months was -$0.75.
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