Archived explainer. For the current picture see today's QBTS page.
D-WAVE QUANTUM INC (QBTS) is down -5.17% in the latest session. Our newswire has captured 9 stories on QBTS across 8 sources in the last 36 hours, with AI sentiment reading bearish (avg 42/100).
QBTS stock fell 5.17% to $18.35 on August 26, 2026, driven by the announcement that Chief Financial Officer John Markovich is retiring and will be replaced by Greg Golkov as acting CFO. The stock opened with a 1.3% gap down and continued to decline throughout the session, reaching an intraday low of $18.33. The move follows recent earnings that missed revenue and earnings estimates and a broader pattern of insider selling and declining sentiment.
D-Wave Quantum Inc. announced that CFO John Markovich will resign from his position on September 2, 2026. SVP Greg Golkov has been named acting CFO. The SEC 8-K filing confirmed the leadership change, which triggered the stock's decline. Markovich, who helped raise over $900 million in capital during his tenure, will be succeeded by Golkov, who brings more than 25 years of finance experience. The stock dropped further during the session amid ongoing pressure from a weak earnings report and broader market concerns.
The company reported second-quarter 2026 earnings of $(0.13) per share, missing the $(0.10) estimate, and revenue of $3.076 million, below the $4.025 million forecast. The stock has been volatile in recent months, with insiders including Markovich, Ghai, and Ames selling shares totaling $35.4 million in the last 90 days. The 30-day average sentiment score has declined to 50/100 from 54/100, reflecting growing uncertainty.
The session opened at $19.09 and traded down to $18.33, with volume of 3.7 million shares, or 0.1 times the 3-month average. The stock has fallen 9.3% over the last 8 sessions, from $21.37 to $19.38. Over the past 52 weeks, the stock has traded between $12.75 and $46.75. On August 26, it printed two fresh 52-week lows, continuing a pattern of mixed momentum. Options activity showed unusual call premium of $48.8 million, with the largest single print at $24.4 million.
The company has no upcoming earnings report scheduled. Investors will likely monitor coverage breadth and any further developments in leadership or financial strategy.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
Shares of D-Wave Quantum ($QBTS) are down 1.5% in premarket trading after the quantum-computing company announced a change in its finance leadership. According to a...
D-Wave Quantum Inc. ($QBTS) is preparing for a change in its finance leadership, with Chief Financial Officer John Markovich set to retire and resign from his posit...
D-Wave Quantum (QBTS) CFO John Markovich to retire Sept. 2, 2026; SVP Greg Golkov named acting CFO.
D-Wave Quantum stock slips as CFO announces retirement
Filed: 2026-08-25 AccNo: 0001907982-26-000138 Size: 156 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits
D-Wave credits Markovich with helping raise over $900 million in capital; acting CFO Greg Golkov brings more than 25 years of finance experience.
D-Wave Quantum missed Q2 2026 earnings and revenue estimates, but rising bookings, backlog, and commercial customer growth suggest underlying momentum despite the stock's recent volatility.
More on QBTS: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier QBTS move explainers: 2026-09-08 · 2026-08-27 · 2026-08-26 · 2026-08-25 · 2026-08-24 · 2026-08-21