Risk factors

D-Wave Quantum (QBTS) risk factors

Item 1A of every D-Wave Quantum Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    60 risks9 new2 dropped15 reworded

    Acquisition of Quantum Circuits creates integration costs, execution risks, and uncertainty over annealing and gate-model synergies.

    Filed Feb 26, 2026
  • FY2024 10-K risk factors
    53 risks

    Revenue depends on commercializing annealing, hybrid, and eventually gate-model quantum systems.

    Filed Mar 14, 2025