Key Points
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D-Wave Quantum Inc. (NYSE: QBTS) acquired Quantum Circuits for $550 million to enhance commercial viability.
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The company reported a 100% revenue growth in Q3 2025 and a 235% increase in revenue year-to-date compared to 2024.
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D-Wave’s cash balance reached $836 million, easing investor concerns.
D-Wave Quantum Inc. has shown significant progress in the quantum computing sector, with a 100% increase in third-quarter revenue and a year-to-date revenue growth of 235%. The acquisition of Quantum Circuits for $550 million, comprising $300 million in stock and $250 million in cash, aims to solidify D-Wave’s position in the industry. As of January 26, 2026, the company’s stock has dropped 6% year-to-date after a remarkable 300% increase over the previous year.
The quantum computing field remains in its nascent stages, and D-Wave is competing against major players like IBM, Google, and Microsoft. Despite early-stage adoption challenges, D-Wave’s technology is gaining traction in various sectors, including pharmaceuticals and retail, positioning the company strongly for future growth.








