D-Wave Quantum Inc.

BIT:1QBTS Stock Report

Market Cap: €5.5b

D-Wave Quantum Management

Management criteria checks 1/4

D-Wave Quantum's CEO is Alan Baratz, appointed in Jan 2020, has a tenure of 6.67 years. total yearly compensation is $5.17M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth €31.11M. The average tenure of the management team and the board of directors is 2.2 years and 2.3 years respectively.

Key information

Alan Baratz

Chief executive officer

US$5.2m

Total compensation

CEO salary percentage11.12%
CEO tenure6.7yrs
CEO ownership0.6%
Management average tenure2.2yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alan Baratz's remuneration changed compared to D-Wave Quantum's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-US$249m

Mar 31 2026n/an/a

-US$368m

Dec 31 2025US$5mUS$575k

-US$355m

Sep 30 2025n/an/a

-US$399m

Jun 30 2025n/an/a

-US$282m

Mar 31 2025n/an/a

-US$132m

Dec 31 2024US$2mUS$575k

-US$144m

Sep 30 2024n/an/a

-US$74m

Jun 30 2024n/an/a

-US$67m

Mar 31 2024n/an/a

-US$76m

Dec 31 2023US$1mUS$575k

-US$83m

Sep 30 2023n/an/a

-US$84m

Jun 30 2023n/an/a

-US$79m

Mar 31 2023n/an/a

-US$66m

Dec 31 2022US$11mUS$492k

-US$54m

Sep 30 2022n/an/a

-US$50m

Jun 30 2022n/an/a

-US$43m

Mar 31 2022n/an/a

-US$34m

Dec 31 2021US$595kUS$450k

-US$32m

Compensation vs Market: Alan's total compensation ($USD5.17M) is above average for companies of similar size in the Italian market ($USD2.97M).

Compensation vs Earnings: Alan's compensation has increased whilst the company is unprofitable.

CEO

Alan Baratz (71 yo)

6.7yrs
Tenure
US$5,170,467
Compensation

Dr. Alan E. Baratz, Ph.D. serves as President since January 01, 2020 and Director at D-Wave Quantum Inc. since January 14, 2020 and is its Chief Executive Officer since 2020. He serves as Chief Executive O...

Leadership Team

NamePositionTenureCompensationOwnership
Alan Baratz
President6.7yrsUS$5.17m0.57%
€ 31.1m
Diane Nguyen
Executive VP5.2yrsUS$1.38m0.14%
€ 7.5m
Eric Ladizinsky
Co-Founder & Chief Scientist27.7yrsno datano data
Greg Golkov
Acting CFO and Principal Financial & Accounting Officerno datano datano data
Stanley Black
Executive VP & Chief Information Security Officer1yrno data0.036%
€ 2.0m
Kevin Hunt
Senior Director of Investor Relationsno datano datano data
Allison Schwartz
Senior Vice President of Global Government Relations & Public Affairsno datano datano data
Michelle Maggs
Senior Vice President of Marketing1.7yrsno datano data
Sophie Ames
Executive VP & Chief Human Resources Officer1.9yrsno data0.0078%
€ 427.8k
Trevor Lanting
Chief Development Officer3.7yrsno datano data
Lorenzo Martinelli
Chief Revenue Officer2.5yrsno datano data
Robert Schoelkopf
Chief Science Officerless than a yearno datano data
2.2yrs
Average Tenure
60.5yo
Average Age

Experienced Management: 1QBTS's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Alan Baratz
President6.7yrsUS$5.17m0.57%
€ 31.1m
Steven West
Independent Director17.3yrsUS$393.83k0.044%
€ 2.4m
Sharon Holt
Independent Chair of the Board1.8yrsUS$293.03k0.020%
€ 1.1m
Roger Biscay
Independent Director4.1yrsUS$294.44k0.0038%
€ 210.3k
Marc Feldman
Member of the Scientific Advisory Boardno datano datano data
Kirstjen Nielsen
Independent Director2.7yrsUS$293.68k0.030%
€ 1.7m
John DiLullo
Independent Director1.9yrsUS$284.86k0.0032%
€ 176.3k
Kevan Krysler
Independent Directorless than a yearno datano data
Rohit Ghai
Independent Director1.9yrsUS$293.87k0.0038%
€ 210.3k
2.3yrs
Average Tenure
59yo
Average Age

Experienced Board: 1QBTS's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 01:55
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

D-Wave Quantum Inc. is covered by 20 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig EllisB. Riley Securities, Inc.
William Kingsley CraneCanaccord Genuity
Troy JensenCantor Fitzgerald & Co.