D-Wave Quantum (QBTS) - 2025 Q4 - Annual Results

Exhibit 99.1 D-Wave Reports Fourth Quarter and Year-End 2025 Results FY 2025 Revenue Increased 179% Year over Year "Our 2025 results mark one of the most successful and transformative years in D-Wave's history, with meaningful growth across every key business metric — revenue, Bookings, technical milestones, and scientific breakthroughs," said Dr. Alan Baratz, CEO of D-Wave. "We are entering 2026 with exceptional momentum: generating over $30 million in Bookings in January alone, expanding our market leader ...