Alan Baratz

“The content computing market is reaching an important inflection point. Scientific progress is accelerating, customer interest is expanding, and a growing number of companies are entering the public markets.”

“I want to begin by sharing a few perspectives on the quantum computing landscape. As Linus Torvalds, the creator of Linux, once said, talk is cheap, show me the code.”

“Fiscal 2025 was not just a strong year for D-Wave. It was an inflection point for the company and for the quantum computing industry. For years, this sector has been defined by unrealized promises, dependence on government grants, and an inability to deliver customer value.”

“I'm really pleased to share D-Wave's third quarter 2025 results, which reflect the ongoing momentum we've seen across all key business metrics, including revenue, gross profit, bookings and a healthy cash balance.”

“I'm once again really excited to share our results for the second quarter of fiscal 2025. Building on the company's remarkable first quarter results, we continue to see accelerating momentum across the business.”