D-Wave Quantum Shares Soar After Earnings Report

VANCOUVER, Canada – Shares of D-Wave Quantum experienced a dramatic increase this week, fueled by strong earnings and positive news regarding trade agreements.

The quantum computing start-up’s stock surged by 40.2% over the week, peaking at a remarkable 47.8% increase earlier in the week. This rise occurred as the S&P 500 and Nasdaq 100 indexes recorded slight declines of 0.5% and 0.2%, respectively. The surge in D-Wave’s stock was mainly attributed to the company’s positive earnings report released on Thursday.

D-Wave reported a revenue of $15 million for the first quarter of 2025, a staggering 509% increase from $2.5 million during the same period last year. CEO Alan Baratz described the quarter as “arguably the most significant [quarter] in D-Wave’s history,” emphasizing that the company had shown “quantum supremacy” over classical computers on a real-world problem, marking a notable achievement for the quantum computing sector.

In addition to the earnings boost, the stock benefited from U.S. President Donald Trump‘s announcement of a trade deal outline with the United Kingdom. While the agreement primarily focused on traditional sectors like agriculture, it included provisions aimed at protecting intellectual property, which could have favorable implications for companies like D-Wave.

On Friday, Trump indicated through social media his intent to lower tariffs on China ahead of crucial trade discussions between the two countries. Easing trade tensions may have a positive ripple effect across the broader economy.

Despite the impressive news surrounding D-Wave and its claim to quantum supremacy, experts warn that practical applications of quantum technology are still in early stages. Investors with a high risk tolerance and a long-term outlook may find D-Wave to be an appealing investment opportunity, although the future remains uncertain.