Quantum computing promises to provide a radical shift in technologies, giving the possibility to solve complex computations within seconds. Although the technology is still in its early stages, it is expanding quickly.
The market is predicted to grow from $4 billion in 2024 to $72 billion by 2035. Investing in quantum computer stocks now, before the technology becomes widely used, could result in enormous returns for the long-term investor.
In this environment, two pure-play companies including D-Wave Quantum (QBTS) and IonQ (IONQ) have reported growth of their income in triple digit, joined the market above the peak and obtained institutional-focused buy recommendation.
Strategic Advancements at D-Wave
D-Wave is based on quantum annealing to solve various optimization problems including logistics routing. Revenue for the fiscal year ended December 31, 2025 was $24.6 million, up $15.8 million, or 179%, from $8.8 million in fiscal year 2024.
Closed bookings of $13.4 million for the fourth quarter of fiscal 2025, up 471% from the previous third quarter bookings of $2.4 million. A €10 million booking for 50% capacity of a D-Wave Advantage2™ annealing quantum computer was made to support the development of a cutting-edge quantum computing and research facility in Lombardy, Italy.
Representing non-cancellable orders that will lead to growth in 2026 despite the current year outcomes. The most important event in January was the takeover of Quantum Circuits, which proposed superconducting gate model technology that could execute every type of quantum computing.
D-Wave is now a more comprehensive solution, increasing the likelihood that its technology will be adopted. Dr. Alan Baratz, CEO of the company, stated,
“The gate model allows us to essentially double the total addressable market.”
Future Prospects
The infancy excursion of quantum technology requires a great deal of patience because mass adoption is a few years away. However, the interoperability of D-wave and the ecosystem leadership of IonQ, both with stakes above 200% growth, will make the companies realize tremendous benefits as more companies are using quantum applications.
In 2025, the market for quantum computing was estimated to be worth $1.53 billion worldwide. The market is expected to expand at a compound annual growth rate (CAGR) of 31.60% from $2.04 billion in 2026 to $18.33 billion by 2034.
