Second-quarter revenue came in at $3.08 million and the loss widened to 13 cents a share, while bookings and Forbes Global 2000 demand remained key offsetting signals.
D-Wave Quantum shares fell after the quantum computing company reported second-quarter revenue of $3.08 million, or roughly $3.1 million, below consensus estimates cited at $4.03 million to $4.08 million, while the per-share loss widened to 13 cents and operating loss reached $53.30 million. The company also previously said operating expenses rose 93% to $55.0 million from $28.5 million a year earlier as it invested in product development and go-to-market efforts. Longer-term demand indicators remained stronger, with bookings in the first six months of 2026 up 1,120% year over year to $35.5 million and Forbes Global 2000 clients contributing 47.7% of second-quarter revenue, up from 20.4% a year earlier. Shares were down 7.15% at $19.86 as investors weighed the near-term miss against signs of expanding enterprise traction.