QBTS' 200% Quantum Rally Leaves NVDA, AMD Behind: Can It Lead in 2026?

Key Takeaways QBTS delivered more than a 200% share-price gain in 2025, dramatically outperforming major tech leaders.D-Wave Quantum reported rapid revenue growth and Advantage2 deployments, including a EUR 10M deal.QBTS enters 2026 with strong liquidity but faces lumpy revenues, operating losses and a lofty valuation.While big tech dominated headlines in 2025, one of the year’s most surprising winners came from a far more futuristic corner of the market, quantum computing. D-Wave Quantum (QBTS) delivered m ...