Stock Track | D-Wave Quantum Plunges 5.21% in Pre-Market as Q1 Revenue Misses Estimates by 31%, Drops 81% Year-Over-Year

Stock Track

May 12

D-Wave Quantum Inc. (QBTS) experienced a pre-market plunge of 5.21% on Tuesday, as the market reacted to the company's first-quarter financial results.

The quantum computing systems provider reported Q1 revenue of $2.86 million, a significant miss compared to the analyst consensus estimate of $4.14 million. This represents a dramatic 81% decline from the $15.0 million in revenue reported for the same quarter last year. The company attributed this sharp drop to the absence of a large, one-time annealing quantum computer system sale that was recognized in the prior-year period.

Furthermore, D-Wave's net loss widened to $18.36 million, or $0.05 per share, compared to a net loss of $5.42 million, or $0.02 per share, in the year-ago quarter. While the company highlighted a nearly 2,000% year-over-year surge in bookings to $33.4 million, driven by major contracts, investors appeared to focus on the weak top-line performance and expanding losses during the pre-market session.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1163538604"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1163538604\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1163538604?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-12 20:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1163538604","market":"nz","top_or_hot":-1,"title":"Stock Track | D-Wave Quantum Plunges 5.21% in Pre-Market as Q1 Revenue Misses Estimates by 31%, Drops 81% Year-Over-Year","media":"Stock Track","content":"<p>D-Wave Quantum Inc. (QBTS) experienced a pre-market plunge of 5.21% on Tuesday, as the market reacted to the company's first-quarter financial results.</p><p>The quantum computing systems provider reported Q1 revenue of $2.86 million, a significant miss compared to the analyst consensus estimate of $4.14 million. This represents a dramatic 81% decline from the $15.0 million in revenue reported for the same quarter last year. The company attributed this sharp drop to the absence of a large, one-time annealing quantum computer system sale that was recognized in the prior-year period.</p><p>Furthermore, D-Wave's net loss widened to $18.36 million, or $0.05 per share, compared to a net loss of $5.42 million, or $0.02 per share, in the year-ago quarter. While the company highlighted a nearly 2,000% year-over-year surge in bookings to $33.4 million, driven by major contracts, investors appeared to focus on the weak top-line performance and expanding losses during the pre-market session.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | D-Wave Quantum Plunges 5.21% in Pre-Market as Q1 Revenue Misses Estimates by 31%, Drops 81% Year-Over-Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | D-Wave Quantum Plunges 5.21% in Pre-Market as Q1 Revenue Misses Estimates by 31%, Drops 81% Year-Over-Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-05-12 20:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>D-Wave Quantum Inc. (QBTS) experienced a pre-market plunge of 5.21% on Tuesday, as the market reacted to the company's first-quarter financial results.</p><p>The quantum computing systems provider reported Q1 revenue of $2.86 million, a significant miss compared to the analyst consensus estimate of $4.14 million. This represents a dramatic 81% decline from the $15.0 million in revenue reported for the same quarter last year. The company attributed this sharp drop to the absence of a large, one-time annealing quantum computer system sale that was recognized in the prior-year period.</p><p>Furthermore, D-Wave's net loss widened to $18.36 million, or $0.05 per share, compared to a net loss of $5.42 million, or $0.02 per share, in the year-ago quarter. While the company highlighted a nearly 2,000% year-over-year surge in bookings to $33.4 million, driven by major contracts, investors appeared to focus on the weak top-line performance and expanding losses during the pre-market session.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QBTS","symbol_name":"D-Wave Quantum Inc.","start_time":0,"source_url":"","article_id":"1163538604","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1163538604","pubTimestamp":1778588609,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"D-Wave Quantum Inc. (QBTS) experienced a pre-market plunge of 5.21% on Tuesday, as the market reacted to the company's first-quarter financial results.The quantum computing systems provider reported...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QBTS":"D-Wave Quantum Inc."},"translate_title":"个股追踪|D-Wave Quantum盘前暴跌5.21%Q1营收不及预期31%同比降81%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QBTS":1},"content_text":"D-Wave Quantum Inc. (QBTS) experienced a pre-market plunge of 5.21% on Tuesday, as the market reacted to the company's first-quarter financial results.The quantum computing systems provider reported Q1 revenue of $2.86 million, a significant miss compared to the analyst consensus estimate of $4.14 million. This represents a dramatic 81% decline from the $15.0 million in revenue reported for the same quarter last year. The company attributed this sharp drop to the absence of a large, one-time annealing quantum computer system sale that was recognized in the prior-year period.Furthermore, D-Wave's net loss widened to $18.36 million, or $0.05 per share, compared to a net loss of $5.42 million, or $0.02 per share, in the year-ago quarter. While the company highlighted a nearly 2,000% year-over-year surge in bookings to $33.4 million, driven by major contracts, investors appeared to focus on the weak top-line performance and expanding losses during the pre-market session.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}