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$QBTS Q2 '25 Earnings Results & Recap
D-Wave's Q2 2025 revenue reached $3.1 million, a 42% increase YoY, while bookings increased 92% to $1.3 million. The firm's EPS came in below estimates at a $0.08 loss. The company is focused on M&A opportunities and expects a 15% increase in quarterly non-GAAP OpEx for the rest of the year as they invest in R&D and sales.5
