Company Analysis

D-Wave Quantum Inc. (QBTS)

Nasdaq: QBTS · Services-Computer Processing & Data Preparation · Palo Alto, CA · filing with the SEC since 2022
Grade4.3
◀ Past 3.3● Present 3.3▶ Future 6.8
1 est.

Who owns D-Wave Quantum Inc.

As filed with the SEC
Holders of 5% or more
3
Blackrock, Inc. holds 8.3% of Common Stock, as its SCHEDULE 13G/A filed Jul 29, 2026 says.
Directors and officers
14
report now, of 23 people on the record since 2022. Their holdings as a group are not read here.
Institutions as a whole
n/a
The record does not read the share held by managers that file Form 13F, so none is printed and no split of the rest is estimated. What it holds is the 3 named at left.
Holders of 5% or moreshare of the class, as filed
Blackrock, Inc.
SCHEDULE 13G/A · filed Jul 29, 2026 · Common Stock · 7.1% in Jul 17, 2025
8.3%
Vanguard Portfolio Management
5.75%
Vanguard Capital Management
5.08%
Public Sector Pension Investment Board
SCHEDULE 13G/A · filed Jan 23, 2025 · Common stock, par value $0.0001 per share · reported falling below 5%
under 5%
The Vanguard Group
SCHEDULE 13G/A · filed Mar 26, 2026 · Common Stock · reported falling below 5%, from 11.3% in Oct 6, 2025
under 5%
BDC Capital Inc.
SCHEDULE 13G · filed Jan 15, 2025 · Common Stock, par value $0.0001 per share · reported falling below 5%
under 5%
What QBTS reports owning in othersstakes of 5% or more, and other ties

15 subsidiaries in 5 countries, from the list filed with the 10-K filed Feb 26, 2026.

Insider tradesForm 4
39sales
1purchases
21sales on a scheduled plan
7people selling
$107Msold, in dollars
$0bought, in dollars
Open-market trades on Form 4 from Oct 30, 2025 to Oct 30, 2026. A scheduled plan is a selling program set in advance under SEC rule 10b5-1. The trades are listed as filed and do not feed the grade.
By calendar yearSoldBought
2223242526
2026 runs to Oct 30, 2026. Dollars as filed, summed by the transaction date.
People who traded in the window8 of 32 on the roster
PersonRole as filedSalesSoldOn a planBuysBought
Baratz Alan EPresident & CEO5$70.0M20$0
Markovich John M.Chief Financial Officer15$32.6M40$0
Nguyen DianeEVP, Chief Legal Officer & GC8$2.4M50$0
Ghai Rohitdirector3$800,00030$0
Ames Sophie CExec. Vice President & CHRO3$600,00030$0
Dilullo John Ddirector4$600,00040$0
Nielsen Kirstjendirector1$200,00000$0
West Steven Mdirector0$001$0
SI Assistanton QBTS · research, not advice