D-Wave Reports Third Quarter 2026 Results with 21% Revenue Growth and Expanded Global Partnerships
According to D-Wave News: D-Wave released its third-quarter 2026 financial results, highlighting a 21% increase in revenue year-over-year and a massive surge in remaining performance obligations. The company also reported major business milestones, including a potential $100 million CHIPS Act grant from the U.S. government and new quantum deployments with global telecom and tech giants.
According to D-Wave News:
D-Wave Quantum Inc. announced its financial and business results for the third quarter of 2026, showing continued commercial momentum alongside heavy investments in next-generation quantum technologies. During the quarter, the company generated $4.5 million in revenue, marking a 21% increase compared to the same period in 2025. Total bookings for the first nine months of 2026 surged to $37.4 million, representing a 611% year-over-year increase, while remaining performance obligations reached $38.3 million.
On the technical and partnership fronts, D-Wave finalized an agreement to access up to $100 million in funding from the U.S. CHIPS and Science Act to advance both its annealing and gate-model quantum computers. Internationally, the company delivered Italy's first commercial annealing quantum system to Como and expanded enterprise applications, such as NTT DOCOMO deploying a second production hybrid quantum application that significantly optimized mobile network signaling loads.
View selection rationale
Importance 75/100
About this brief
- Content type
- News summary
- Source type
- First-party / official source
- Original source
- D-Wave News ↗
- Source published
- Process
- AI-assisted discovery, translation, summarisation, classification and scoring; standards and corrections are maintained by the editorial desk.
- Verification
- The original URL and publication metadata are retained. This brief is not independently fact-checked unless explicitly stated.
- Published by
- Polyemergence Editorial Desk · PolyEmergence Pte Ltd.
- Conflict disclosure
- No financial or commercial conflict declared.