Investors who suffered losses on D-Wave Quantum, Inc. (“D-Wave” or the “Company”) stock may have claims to recover those losses. The Law Offices of Howard G. Smith today reported that it is conducting a securities fraud investigation on behalf of D-Wave Quantum, Inc. (NASDAQ: QBTS) investors into whether the Company may have violated the federal securities laws. The investigation comes after a August 25, 2026 disclosure concerning D-Wave Quantum, Inc.
Investors with losses on D-Wave Quantum, Inc. securities can contact The Law Offices of Howard G. Smith about the D-Wave Quantum, Inc. investigation to learn about potentially pursuing claims to recover their losses.
Key facts for D-Wave Quantum, Inc. investors
- Disclosure: August 25, 2026
- Stock drop: $1.84 per share, or 9.51%
- Close after the drop: $17.51 on August 26, 2026
What happened?
On August 6, 2026, D-Wave reported its second quarter of 2026 financial results. Among other things, D-Wave issues revenue of only $3.08 million, compared to $3.1 million for the same period in 2025.
On this news, D-Wave’s stock price fell $1.98 per share, or 9.28%, to close at $19.41 per share on August 6, 2026, thereby injuring investors.
Then, on August 25, 2026, D-Wave issued a press release “announc[ing] that John Markovich is retiring and thus resigning from his position as Chief Financial Officer effective September 2, 2026.”
On this news, D-Waves stock price fell $1.84 per share, or 9.51%, to close at $17.51 per share on August 26, 2026, thereby further injuring investors
“On August 25, 2026, it was reported that D-Wave reported second-quarter 2026 revenue of only $3.08 million, compared to $3.1 million for the same period in 2025, and D-Wave Quantum, Inc. stock lost 9.51% of its value. Our investigation is focused on whether shareholders had the full story before that report,” said Howard G. Smith of The Law Offices of Howard G. Smith.
Next steps for D-Wave Quantum, Inc. investors
The Law Offices of Howard G. Smith is examining potential claims on behalf of D-Wave Quantum, Inc. investors. Investors with losses can visit the firm’s website, email howardsmith@howardsmithlaw.com, or call (215) 638-4847 to discuss the D-Wave Quantum, Inc. investigation.
Common questions from D-Wave Quantum, Inc. investors
Who is eligible? D-Wave Quantum, Inc. investors who bought securities and lost money may have claims, and can reach out to the firm to learn whether the D-Wave Quantum, Inc. investigation affects them.
What is a securities fraud investigation? Through the D-Wave Quantum, Inc. investigation, The Law Offices of Howard G. Smith is reviewing whether the Company or its officers may have made false or misleading statements to investors in violation of the federal securities laws.
Has a lawsuit been filed? This release announces an investigation of D-Wave Quantum, Inc. by The Law Offices of Howard G. Smith, not a lawsuit. If a securities class action is later filed, D-Wave Quantum, Inc. investors may be able to seek appointment as lead plaintiff.
Does it cost anything? The Law Offices of Howard G. Smith works on contingency, so investors pay no attorneys’ fees unless there is a recovery, and any fees require court approval.
Whistleblower notice
Individuals with non-public information about D-Wave Quantum, Inc. should consider their options to help the investigation or take part in the SEC Whistleblower Program. Whistleblowers who provide original information that leads to a successful SEC enforcement action may receive awards of 10 to 30 percent of the sanctions collected, when those sanctions exceed $1 million. For more information, contact Howard G. Smith at (215) 638-4847 or email howardsmith@howardsmithlaw.com.
About The Law Offices of Howard G. Smith
The Law Offices of Howard G. Smith has helped injured investors recover their money for more than 15 years. The firm prosecutes securities fraud, takeover, and derivative litigation against public companies and their officers, directors, and advisors in federal and state courts nationwide, and has helped clients recover hundreds of millions of dollars in losses. Clients speak directly with a lawyer, who will promptly answer any question.
Prior results do not guarantee a similar outcome.
Related links
- D-Wave Quantum, Inc. investigation, The Law Offices of Howard G. Smith
- D-Wave Press Release
- D-Wave Quantum, Inc. SEC filings index, EDGAR
- SEC Whistleblower Program
- The Law Offices of Howard G. Smith
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261022533019/en/
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