D-Wave Quantum's Q4 Net Loss Surges 436% to $86 Million Amid 101% Stock Price Increase

Wednesday, Mar 19, 2025 2:15 pm ET1min read

D-Wave Quantum saw a 101% price surge last week, driven by recent events such as their annealing quantum computer outperforming a classical supercomputer and expected Q1 FY 2025 revenue exceeding $10 million. Despite a Q4 2024 net loss of $86 million, investor optimism was boosted by these developments and the broader trend of market indexes gaining ground amid Federal Reserve policy announcements.

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