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Source document· January 22, 2026

D-Wave (QBTS) Q4 2024 Earnings Call Transcript

View original at finance.yahoo.com
D-Wave (QBTS) Q4 2024 Earnings Call Transcript Image source: The Motley Fool. Date Thursday, March 13, 2025 at 8 a.m. ET Call participants Chief Executive Officer — Alan Baratz Chief Financial Officer — John Markovich Need a quote from a Motley Fool analyst?…
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  • Discounted usefulness of quantum computing

    80% confidence

  • D-Wave was first to launch commercial quantum systems, first to have quantum applications running in production, first to achieve quantum supremacy on real-world problem

    80% confidence

  • 1,200 qubit Advantage 2 is significantly more powerful than 5,000 qubit Advantage

    80% confidence

  • System sale margins will exceed consolidated non-GAAP gross margins of 72.8%

    80% confidence

  • Three other institutions in discussions for D-Wave system sales

    80% confidence

  • D-Wave's cash position provides sufficient capital to get D-Wave to profitability faster than any other independent quantum company and with far less total investment

    80% confidence

  • Quantum is not ready

    80% confidence

  • D-Wave will be first pure play quantum company to reach profitability

    80% confidence

  • D-Wave is the only quantum company that can claim it has outperformed classical on useful problem of relevance to business and science today

    80% confidence

  • Supercomputer solution for magnetic material simulation would require more than world's annual electricity consumption

    80% confidence

  • D-Wave is the only company that can meet all Quantum Realized criteria right now

    80% confidence

Data points we hold from this source

D-Wave Quantum Inc. · average share price atm4.30 USD_per_share
D-Wave Quantum Inc. · warrant liability charge68.3 million_USD
D-Wave Quantum Inc. · customer count total133 customers
D-Wave Quantum Inc. · customer count research government55 customers
D-Wave Quantum Inc. · eloc remaining capacity37.8 million_USD
D-Wave Quantum Inc. · vwap4.22 USD_per_share
D-Wave Quantum Inc. · customer count forbes global 200028 customers
D-Wave Quantum Inc. · customer count commercial76 customers
What we know · the intelligence behind this page
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What we're seeing
AI Capital Surge: Late-August 2026 Funding Wave Spans Fintech, Enterprise Agents, and Robotics
A dense cluster of funding rounds landing on 2026-08-28 — from identity/fraud fintech player Socure ($156M plus its acquisition of Fravity) to enterprise AI agent startups (Instinct, Generalist AI, Owner), model infrastructure (Stability AI, Emerald AI), and autonomous logistics/aerospace (Gatik, Regent Craft) — signals investors are rotating aggressively into AI-native companies with demonstrable ROI, especially in financial risk/compliance and back-office automation. Parallel signals (Multiverse Computing's compression benchmarks cutting inference cost/latency, and Arkestro/CloneOps.ai publishing hard savings and labor-displacement figures) suggest the funding is chasing efficiency and measurable economic impact rather than pure model scale.
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Satellite-Terrestrial Network Integration Acceleration
Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases
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Where sources disagree
ING Group
Both facts record the same metric (shares_outstanding) for ING Group at the identical observation date (2025-12-31). FACT A states 2,902,437,688 shares; FACT B states 2,902 million shares (2,902,000,000). The difference is 437,688 shares (~0.015%). This is a genuine value conflict, though the discrepancy appears to result from FACT B rounding to the nearest million while FACT A provides the precise count.
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D-Wave (QBTS) Q4 2024 Earnings Call Transcript — Source | Via News | Via News