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Market Incident

Public · Developing

AI compiled from Infoway · 4 analyzed stories

D-Wave Reports Third Quarter 2026 Results

D-Wave reported third-quarter 2026 revenue of $4.5 million, up 21% from a year earlier. Bookings for the first nine months reached $37.4 million, up 611%. It also signed an agreement for access to up to $100 million in U.S. CHIPS and Science Act funding, subject to milestones and conditions.

Published:

Updated:

What happened

D-Wave reported third-quarter revenue of $4.5 million, up 21% from a year earlier, and a loss of $48.2 million. It reported first-nine-month bookings of $37.4 million in one account and $38.3 million in another, and signed a conditional agreement for up to $100 million in U.S. funding.

Global impact / market context

The revenue increase and reported bookings show business activity, but the loss shows the company also faced a substantial cost burden. The funding is not guaranteed: access depends on milestones and conditions. These facts may matter to investors weighing growth against losses and funding uncertainty.

What to watch

  1. Check D-Wave’s next reported revenue and whether it continues to grow; this shows whether the reported increase persists.
  2. Check whether later reports clarify first-nine-month bookings, listed as $37.4 million in one account and $38.3 million in another; the difference leaves the figure unclear.
  3. Check whether D-Wave meets the milestones and conditions for the funding agreement; this shows whether it can access any of the up to $100 million.

Affected assets

  • QBTS

Evidence