Companies / D-Wave Quantum Inc.

D-Wave Quantum Inc.

Nasdaq: QBTSCIK 1907982PALO ALTO, CA
Insider flow · last 90 daysNet sells $18.16M

Financials · FY2025

Revenue$24.59M
Net income$-355.06M
Total debt$34.89M
Cash$296.64M
Diluted EPS$-1.11
Shares outstanding369.3M

Ownership

369.3M shares outstanding · as of Aug 5, 2026
1.5%Insiders
Ownership
Insiders1.49%5,501,467
Institutions47.35%174,853,075
Public float51.16%188,909,295

% of common shares outstanding (exact, from the latest cover-page filing). Institutions are quarterly 13F snapshots; insiders reflect current officers & directors.

Insider% of sharesShares
Baratz Alan ECEOPresident & CEO · Director
0.89%3,299,771
Markovich John M.Chief Financial Officer
0.39%1,451,427
Nguyen DianeEVP, Chief Legal Officer & GC
0.15%563,674
0.02%84,696
<0.01%29,194
Ghai RohitDirector
<0.01%27,778
Biscay RogerDirector
<0.01%23,617
<0.01%21,310

Institutional holders 524

View all →
HolderValue% of shares
Vanguard Group Inc$965.17M10.00%
BlackRock, Inc.$795.21M8.98%
UBS Group AG$268.39M2.78%
State Street Corporation$216.62M2.45%
Geode Capital Management, LLC$131.88M2.45%
Marex Group plc$120.10M1.24%
Clear Street Group Inc.$111.95M1.16%
The Goldman Sachs Group, Inc.$92.78M0.96%
Bank of America Corp /De$91.98M0.95%
UNICOM Systems, Inc.$81.62M0.85%

Activity

Jun 30, 2026View all →
InsidersInstitutions
Who's accumulating and trimming this stock (13F).
DateActorActionSecurityValueShares ΔPosition afterImpact
Q2 2026
as of
BlackRock, Inc.
13F manager
AddCommon stock$118.73M+4.9M
+17.55%
33,147,399
8.98% of shares
high
Q4 2025
as of
Bank of America Corp /De
13F manager
TrimCommon stock$-49.39M-1.9M
-34.93%
3,517,550
0.95% of shares
medium
Q1 2026
as of
Renaissance Technologies LLC
13F manager
ExitCommon stock$-44.78M-1.7M
-100.00%
0
medium
Q2 2026
as of
State Street Corporation
13F manager
AddCommon stock$31.73M+1.3M
+17.16%
9,029,667
2.45% of shares
medium
Q2 2026
as of
Quadrature Capital Ltd
13F manager
ExitCommon stock$-29.31M-1.1M
-100.00%
0
medium
Q1 2026
as of
AllianceBernstein L.P.
13F manager
TrimCommon stock$-28.06M-1.1M
-72.21%
412,950
0.11% of shares
medium
Q1 2026
as of
Sculptor Capital LP
13F manager
ExitCommon stock$-12.37M-473K
-100.00%
0
medium
Q4 2025
as of
Sculptor Capital LP
13F manager
NewCommon stock$12.37M+473K
473,100
0.13% of shares
medium

5%+ ownership events

Schedule 13D / 13G
FilerStance% of classSharesDate
Vanguard Group IncPassive13G/A—0—

Securities

via CUSIP / OpenFIGI
SymbolTypeMarketCUSIPFIGI
QBTS——26740W109—