thequantuminsider.com
Nov 10, 2026
D-Wave Revenue Rises 21% as Customer Deployments Expand And CHIPS Agreement Advances
AI-summarised brief · reviewed before publication
D‑Wave reported third‑quarter revenue of $4.5 million, a 21% year‑over‑year increase, and $38.3 million in contracted revenue yet to be recognized. Nine‑month bookings surged 611% to $37.4 million, though quarterly bookings fell 19% to $1.9 million. Professional services and cloud sales grew, offsetting a decline in system sales. The company highlighted new customer deployments, including NTT DOCOMO’s network‑optimization application, and a federal CHIPS agreement supporting future quantum‑computer development.
💡 Why It Matters
- · The revenue lift underscores growing commercial traction for quantum‑computing services, while the CHIPS funding signals federal confidence in the sector’s strategic importance.
