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8-K ·Filed Oct 1, 2026

QBTS

D-Wave Quantum Inc.
NEUTRAL
Impact 3/10
Horizonmonths Processed25d 18h ago SEC0001907982-26-000159
8-K context-dependent: Items 7.01
Actionable Insight • Neutral

Monitor for future announcements on general availability of the simulator and any commercial agreements or revenue streams tied to gate-model systems. The beta program is a technical milestone but lacks financial data to assess materiality.

DirectionNeutral
Confidencehigh
Horizonmonths
Latest settled — T+5d
QBTS ▼ -11.84% at T+5d
NEUTRAL call -11.84% · α vs SPY -13.14% · entry $16.56 → $14.60
Next anchor: T+20d in 2d
Latest observation: T+16 -14.69% FF3 residual α
Entry = T+0 close
Oct 1, 2026
via day close
T+1d
-4.77%
call -4.77% · α -5.51%
$15.77
settled 25d ago
T+5d
-11.84%
call -11.84% · α -13.14%
$14.60
settled 19d ago
T+20d
Pending
in 2d
T+60d
Pending
in 2mo

Price Chart

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Executive Summary

D-Wave Quantum Inc. launched a gate-model quantum computing simulator beta program on October 1, 2026, offering select customers early access to its dual-rail superconducting technology for error-aware programming. The program includes participants BBVA, FirstQFM, Florida Atlantic University, and Jülich Supercomputing Centre, and marks a milestone in D-Wave's gate-model development roadmap. No financial data or guidance was provided in this filing.

Key Facts

  • D-Wave launched a gate-model quantum computing simulator beta program on October 1, 2026.
  • Beta program participants include BBVA, FirstQFM, Florida Atlantic University (FAU), and Jülich Supercomputing Centre (JSC).
  • The simulator is built around D-Wave's dual-rail superconducting gate-model technology designed for error detection.
  • A foundational element of the dual-rail architecture was validated in peer-reviewed research published in Nature.
  • No financial figures, revenue, earnings, guidance, or material agreements were disclosed.

Financial Impact

No financial impact disclosed; product development milestone with no revenue or cost figures provided.

Risk Factors

  • No revenue or customer commitments disclosed; beta program may not lead to commercial adoption.
  • Gate-model quantum computing remains early-stage with uncertain timelines for fault-tolerant systems.
  • Competition from other quantum computing firms with gate-model offerings.

Investment Themes

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001907982-26-000159
Exhibit: exhibit101d-wavelaunchesga.htm0001907982-26-000159
Document: 0001907982-26-000159-index-headers.html0001907982-26-000159
Document: 0001907982-26-000159-index.html0001907982-26-000159
Document: 0001907982-26-000159.txt0001907982-26-000159
34 reports for QBTS
Performance horizon
56% Hit rate @ T+60 5 of 9 directional calls Went positive at some point 7 of 11 best @ T+60▲ +46.88%Feb 28, 2026
Filters
Rows
Reports for QBTS — sortable, filterable
TypeNow
Oct 1, 2026
25d ago
8-K
NEUTRAL ★ 3/10
$16.56awaiting T+60—$11.54 (−30.31%)
Sep 21, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$17.70awaiting T+60—$11.54 (−34.80%)
Sep 15, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$16.41awaiting T+60—$11.54 (−29.68%)
Sep 8, 2026
6w ago
8-K
BULLISH ★ 7/10
$17.67awaiting T+60—$11.54 (−34.69%)
Aug 25, 2026
8w ago
8-K
NEUTRAL ★ 3/10
$17.51awaiting T+60—$11.54 (−34.09%)
Aug 18, 2026
9w ago
8-K
BULLISH ★ 5/10
$19.53awaiting T+60—$11.54 (−40.91%)
Aug 17, 2026
10w ago
8-K
NEUTRAL ★ 2/10
$20.87awaiting T+60—$11.54 (−44.71%)
Aug 6, 2026
11w ago
8-K
MIXED ★ 5/10
$19.41awaiting T+60—$11.54 (−40.53%)
Aug 3, 2026
12w ago
8-K
NEUTRAL ★ 3/10
$19.98awaiting T+60—$11.54 (−42.24%)
Jul 27, 2026
13w ago
8-K
BULLISH ★ 6/10
$19.51 $11.78▼ −39.62%▼ −43.67%$11.54 (−40.85%)
Showing 10 of 34

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Report published Oct 1, 2026