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D-Wave Quantum Earnings Miss As Bookings Boom

D-Wave Quantum reported third-quarter 2026 revenue that beat analyst estimates while its stock experienced a mix of market pressures.

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The brief

D-Wave Quantum shares rose 14% in the week through November 9 alongside IonQ and Rigetti Computing, according to TIKR.com, following IonQ beating estimates and raising its 2026 revenue guidance. TIKR.com reported that D-Wave brought in $4.5 million in third-quarter revenue, beating the $4.34 million expected by analysts after three straight quarterly misses. D-Wave CEO Dr. Alan Baratz stated, "From Seoul to Como to Washington, we are seeing growing interest in D-Wave’s differentiated dual-platform approach and a determination to put our quantum computing technology to work today," as announced in Yahoo Finance. Dr. Baratz also noted, "Our triple-digit increase in year-to-date bookings and robust pipeline reinforce our confidence in the opportunity ahead." D-Wave scheduled a conference call on Tuesday, November 10, 2026, at 8:00 a.m. Eastern Time hosted by Dr. Alan Baratz and Acting Chief Financial Officer Greg Golkov to discuss financial results and business outlook, according to Yahoo Finance. TIKR.com reported that the fourth quarter alone needs about $32 million to hit the 2026 consensus, with management stating on its second-quarter call that both of the year's system sales would likely ship in the fourth quarter, including a $20 million machine for Florida Atlantic University.

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Quick answers

What was D-Wave's third-quarter 2026 revenue?

D-Wave brought in $4.5 million of third-quarter revenue, according to TIKR.com.

Who participated in D-Wave's November 10 earnings conference call?

Chief Executive Officer Dr. Alan Baratz and Acting Chief Financial Officer Greg Golkov participated in the call, as reported by Yahoo Finance.

How did D-Wave stock perform in the week leading up to the earnings report?

D-Wave shares rose 14% in the week through November 9, according to TIKR.com.

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