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D-Wave Quantum reports double digit Q3 2026 revenue growth and Commerce Dept definitive deal

D-Wave Quantum reports double digit Q3 2026 revenue growth and Commerce Dept definitive deal
D-Wave Quantum Q3 2026 revenue rise

D-Wave Quantum reported a 21 percent year-over-year increase in revenue for the third quarter of 2026. The company also announced the execution of a definitive agreement with the U.S. Department of Commerce for up to $100 million in CHIPS Act funding.

The update highlights both financial momentum and strategic funding progress for D-Wave Quantum as it pursues advancements in quantum technology.

D-Wave Quantum stock closed down 1% to $11.54 ahead of its third quarter 2026 results release. Earlier this year, the company announced upgrades to its Stride hybrid solver after shares rose 2.8% to $10.37, according to a previous company update. These developments follow a period of share price fluctuation.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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