D-Wave Quantum posted first-half 2026 bookings of $35.5 million on August 6, a more than 1,120 percent surge year-over-year that signals accelerating institutional demand for commercial quantum computing even as quarterly revenue remained essentially flat. A $20 million university sale anchors the surgeThe booking figures for the first half include a $20 million Florida Atlantic University system order. The Quantum Circuits acquisition was valued at approximately $550 million, consisting of $300 million in D-Wave common stock and $250 million in cash. The acquisition of Quantum Circuits, Inc. closed on January 20, 2026, and expanded the company’s gate-model quantum computing capabilities. He argued that the company can be the first independent publicly held quantum computing company to achieve sustained profitability with less funding than peers.