NEW YORK — D-Wave Quantum Inc. (NYSE: QBTS) shares jumped on Tuesday following a announcement that its newest and most advanced quantum computer to date has been made available for commercial use. The announcement, representing a huge leap for Canada-based quantum computing firm, propelled QBTS shares more than 27% higher in morning trading.
The system, called Advantage2, is now available to customers worldwide, including governments, research labs, and enterprise clients seeking solutions to high-level optimization and simulation problems.
Global Availability Marks Major Milestone
The new machine, described as D-Wave’s sixth-generation quantum computer, includes more than 4,400 superconducting qubits. According to the company, the Advantage2 significantly improves on previous models in terms of speed and processing efficiency.
Availability of the system is being made via D-Wave’s cloud-based platform in over 40 countries, and on-premises installations are also being made available by the company for organizations that wish to implement the hardware in-house.
The launch is an important milestone for commercialization by D-Wave as it aims to establish itself as a viable supplier of quantum computing technology in the face of mounting competition and doubts over short-term uses.
Stock Performance and Financial Results
The stock’s sharp move on Tuesday builds on a strong year for D-Wave. As of Monday’s close, QBTS shares were already up 56% in 2025. In the wake of the company’s recent first-quarter earnings, investor mood has been positive.
For the quarter ended March, D-Wave had revenues of $15 million, a big increase from the previous year’s same quarter, which was more than 500% year-over-year growth. Its net loss decreased to $5.4 million, compared with $17.3 million in the prior year.
The company ended the quarter with $304 million in cash reserves, providing it with a substantial buffer as it continues to ramp up operations and drive customer adoption of its quantum solutions.
Industry and Analyst Reaction
A recent report from JPMorgan highlighted D-Wave’s technical progress, noting the Advantage2’s performance on specific computational problems like spin glasses and constraint satisfaction tasks.
The prototype version of the system reportedly uses a multilayer superconducting integrated circuit designed to reduce noise — a key challenge in quantum computing. The full system aims to expand to 7,000 qubits, according to JPMorgan.
While analysts remain divided on the broader commercial readiness of quantum technology, D-Wave’s niche in quantum annealing continues to attract attention, particularly for enterprise-level optimization problems.
Competitors Fall Behind
While D-Wave has been gaining momentum, several other players in the quantum computing sector have struggled. Shares of IonQ (IONQ) are down 16% this year, Rigetti Computing (RGTI) has dropped 21%, and Quantum Computing Inc. (QUBT) is off by 28% in 2025.
The sector has been volatile as questions remain about when — and how — quantum systems will reach the kind of widespread adoption needed to justify lofty valuations.
Outlook for QBTS Stock
Despite Tuesday’s rally, investors are still approaching the stock with caution. D-Wave’s growth numbers are promising, but profitability appears to be several years away. Industry analysts don’t expect the company to post GAAP profits before 2030.
That said, the company’s consistent technical progress, partnerships with organizations like Germany’s Jülich Supercomputing Centre, and continued investor interest suggest that D-Wave is one of the more viable contenders in a high-risk, high-reward space.
For speculative investors with a long-term view, QBTS stock may still offer opportunity — but volatility remains a defining trait of the sector.