{"id":11470,"date":"2026-11-11T18:25:37","date_gmt":"2026-11-11T18:25:37","guid":{"rendered":"https:\/\/stoxpo.com\/?p=11470"},"modified":"2026-11-11T18:25:38","modified_gmt":"2026-11-11T18:25:38","slug":"d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200","status":"publish","type":"post","link":"https:\/\/stoxpo.com\/index.php\/2026\/11\/11\/d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200\/","title":{"rendered":"D-Wave Quantum Q3 Revenue Climbs 21% as Backlog Surges Over 1,200%"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>Quantum computing company reports $4.5 million in revenue, strong year-to-date bookings, and potential access to $100 million in federal funding.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D-Wave Quantum Inc. (NASDAQ: QBTS) reported third-quarter 2026 revenue of $4.5 million, representing a 21% increase year-over-year as demand for quantum computing solutions continued expanding.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company recorded a net loss of $48.2 million, or $0.13 per share, compared with a significantly larger loss during the previous year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite quarterly bookings declining 19% to $1.9 million, year-to-date bookings surged 611% to $37.4 million, reflecting substantial growth in customer commitments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Remaining performance obligations reached $38.3 million, an increase of 1,221% year-over-year, providing improved visibility into future revenue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D-Wave served more than 100 customers during the quarter, with commercial enterprises representing 48% of its customer base.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company also secured conditional access to up to $100 million in funding under the U.S. CHIPS and Science Act to support development of advanced quantum computing systems, including a planned 100,000-qubit annealing computer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, GAAP gross margin declined to 52.9%, while operating expenses increased amid continued investment in research and commercialization.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D-Wave ended September with $503.4 million in cash and marketable investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Looking ahead, management remains focused on expanding commercial adoption, advancing quantum technology, and converting its growing pipeline into sustainable revenue growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quantum computing company reports $4.5 million in revenue, strong year-to-date bookings, and potential access to $100 million in federal funding. D-Wave Quantum Inc. (NASDAQ: QBTS) reported third-quarter 2026 revenue of $4.5 million, representing a 21% increase year-over-year as demand for quantum computing solutions continued expanding. The company recorded a net loss of $48.2 million, or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7082,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[360],"tags":[420,421,416,418,842,417],"coauthors":[453],"class_list":["post-11470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mid-cap","tag-earnings","tag-growth","tag-movers","tag-news","tag-qbts","tag-stock-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>D-Wave Quantum Q3 Revenue Climbs 21% as Backlog Surges Over 1,200% - Stoxpo<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stoxpo.com\/index.php\/2026\/11\/11\/d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"D-Wave Quantum Q3 Revenue Climbs 21% as Backlog Surges Over 1,200% - Stoxpo\" \/>\n<meta property=\"og:description\" content=\"Quantum computing company reports $4.5 million in revenue, strong year-to-date bookings, and potential access to $100 million in federal funding. D-Wave Quantum Inc. (NASDAQ: QBTS) reported third-quarter 2026 revenue of $4.5 million, representing a 21% increase year-over-year as demand for quantum computing solutions continued expanding. The company recorded a net loss of $48.2 million, or [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/stoxpo.com\/index.php\/2026\/11\/11\/d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200\/\" \/>\n<meta property=\"og:site_name\" content=\"Stoxpo\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-11T18:25:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-11T18:25:38+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/stoxpo.com\/wp-content\/uploads\/2025\/04\/pexels-tara-winstead-8386440-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liliana Vida\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liliana Vida\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/stoxpo.com\\\/index.php\\\/2026\\\/11\\\/11\\\/d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stoxpo.com\\\/index.php\\\/2026\\\/11\\\/11\\\/d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200\\\/\"},\"author\":{\"name\":\"Liliana Vida\",\"@id\":\"https:\\\/\\\/stoxpo.com\\\/#\\\/schema\\\/person\\\/db8b371dfcaa698eaedb5afa5e713fb1\"},\"headline\":\"D-Wave Quantum Q3 Revenue Climbs 21% as Backlog Surges Over 1,200%\",\"datePublished\":\"2026-11-11T18:25:37+00:00\",\"dateModified\":\"2026-11-11T18:25:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stoxpo.com\\\/index.php\\\/2026\\\/11\\\/11\\\/d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200\\\/\"},\"wordCount\":200,\"publisher\":{\"@id\":\"https:\\\/\\\/stoxpo.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stoxpo.com\\\/index.php\\\/2026\\\/11\\\/11\\\/d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stoxpo.com\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/pexels-tara-winstead-8386440-scaled.jpg\",\"keywords\":[\"Earnings\",\"Growth\",\"Movers\",\"News\",\"QBTS\",\"Stock Market\"],\"articleSection\":[\"Mid-Cap\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stoxpo.com\\\/index.php\\\/2026\\\/11\\\/11\\\/d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200\\\/\",\"url\":\"https:\\\/\\\/stoxpo.com\\\/index.php\\\/2026\\\/11\\\/11\\\/d-wave-quantum-q3-revenue-climbs-21-as-backlog-surges-over-1200\\\/\",\"name\":\"D-Wave Quantum Q3 Revenue Climbs 21% as Backlog Surges Over 1,200% - 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