D-Wave Quantum Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
-11.4%projected annual EPS growth
Analyst Coverage
15analysts covering
FY EPS (est.)
-$0.29next fiscal year
Monitoring Framework
Key Performance Indicators
Quarterly Bookings Quarterly33.4MTarget: Continued sequential and year-over-year growth to support long-term commercialization
Remaining Performance Obligations (RPO) Quarterly42.4MTarget: High conversion rate to recognized revenue over the next 12 months
Quarterly Revenue Quarterly2.9MTarget: 42800000 for FY 2026 consensus
Watch Items
- Conversion of FAU system sale and Fortune 100 QCaaS bookings into recognized revenueTrigger: Delays in system delivery or installation milestonesAction: Re-evaluate near-term revenue growth projections and adjust valuation multiples accordingly
- Integration of Quantum Circuits Inc. and progress on the gate-model roadmapTrigger: Failure to meet physical qubit milestones by 2028Action: Assess competitive positioning against gate-model pure plays like IonQ and Rigetti
- Cash burn rate and runwayTrigger: Cash and marketable securities falling below $300 million without a clear path to profitabilityAction: Analyze potential dilution risks from future equity raises or debt financing
Research as of 28 Jul 2026