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D-Wave Quantum

Delivers quantum computing hardware, software, cloud

Staff Algorithms Researcher

Full-TimeUpdated on 10/20/2026
CA$146k - CA$190k/yr+ Equity + Bonus
Senior
Master's, PhD
Remote in USA+1 moreMore locations: Burnaby, BC, Canada
Remote
AI & Machine LearningAI Research

About the job

Requirements
  • A Master's or PhD in Computer Science, Physics, Mathematics, or a related field, or equivalent practical experience.
  • At least seven years of relevant research and development experience, including a demonstrated record of independently leading complex technical initiatives.
  • Deep knowledge of graph theory.
  • Deep proficiency in Python and C++.
  • A strong foundation in algorithm development, with experience in machine learning, Monte Carlo methods, statistical physics, optimization, or related fields.
  • Ability to interpret, reproduce, extend, and critically evaluate complex algorithms and experimental results from scientific literature.
  • A proven track record of conducting independent research, developing novel approaches, and solving complex technical challenges.
  • Strong analytical and problem-solving skills, including experience with exploratory data analysis and statistical evaluation of experimental results.
  • Technical communication and scientific writing skills, including experience presenting findings to diverse audiences.
  • Ability to influence technical direction, collaborate across teams, and contribute to the growth and development of others.
Responsibilities
  • Develop graph-theoretical algorithms for mapping optimization problems to the topology of the company's quantum computers.
  • Lead complex research and development initiatives focused on benchmarking, characterization, and performance optimization of quantum computing systems.
  • Drive the design, development, and evaluation of existing and novel quantum-classical hybrid algorithms.
  • Independently identify, define, and execute research opportunities that advance algorithmic performance, benchmarking methodologies, and system capabilities.
  • Critically evaluate emerging research, benchmarks, and methodologies from scientific literature, assessing technical validity, reproducibility, and business relevance.
  • Design and execute experiments to characterize quantum processing unit contributions within hybrid algorithms and broader system workflows.
  • Conduct in-depth analysis of experimental and benchmarking results to identify trends, inform technical strategy, and guide system-level improvements.
  • Develop scalable benchmarking frameworks, tools, and processes that improve research efficiency, technical rigor, and decision-making.
  • Communicate findings and recommendations to technical and non-technical audiences, tailoring content to varying levels of expertise.
  • Collaborate cross-functionally with physicists, computer scientists, software developers, product teams, and other domain experts to integrate multidisciplinary insights into research initiatives.
  • Serve as a technical resource within the organization, providing mentorship, guidance, and thought leadership in areas of expertise.
  • Contribute to the evolution of research methodologies, technical standards, and best practices across the team.

About the company

D-Wave Systems provides quantum computing hardware, software, and cloud services for real-world business use. It develops practical quantum applications for manufacturing, logistics, biotech, and pharmaceuticals to solve optimization tasks like scheduling, resource allocation, and routing, as well as drug discovery and medical imaging. Access is via its Advantage2 quantum annealing processor (1,200 qubits, 10,000 couplers) delivered through cloud and hybrid workflows that blend quantum and classical computing. The company differentiates itself with an industry-focused portfolio, a mix of hardware, software, consulting, and a developer community, aiming to make quantum computing usable for businesses and to expand its hardware capabilities.

Company Size

201-500

Company Stage

IPO

Headquarters

Boca Raton, Florida

Founded

1999

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Simplify's Take

What believers are saying

  • First-half 2026 bookings reached $35.5 million, up 1,120%, with RPOs hitting $40.7 million.
  • D-Wave added customers including Nasdaq Verafin, Oki Electric, Shionogi, Unisys, and AT&T.
  • NSF funded D-Wave's gate-model work, while Nature published its fault-tolerant entangling-gate breakthrough.

What critics are saying

  • August 6, 2026 revenue was $3.1 million, while first-half revenue fell 67%.
  • Pomerantz and Kessler Topaz opened securities investigations after John Markovich resigned August 25, 2026.
  • Management targets gate-model commercialization around 2032, leaving D-Wave vulnerable to funding and execution failure.

What makes D-Wave Quantum unique

  • D-Wave remains the only dual-platform quantum vendor, combining annealing and gate-model systems.
  • Advantage2 reached 4,400-plus qubits, with FAU purchasing a $20 million system in January 2026.
  • AT&T expanded D-Wave use in July 2026 for network optimization and agentic AI integration.

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Benefits

  • Remote Work Options
  • Flexible Work Hours
  • Relocation Assistance

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Associated Press
Oct 16th, 2026
D-Wave Quantum faces securities class action; lead plaintiff deadline December 14, 2026

Investors in D-Wave Quantum (NASDAQ: QBTS) have until December 14, 2026 to seek lead plaintiff status in a federal securities class action against the company. The suit covers those who bought the company's securities between February 26, 2026 and August 25, 2026. The complaint alleges D-Wave and its executives overstated the company's business and financial prospects, making public statements that were false or misleading. On August 6, D-Wave reported second-quarter revenue of $3.08 million, down from $3.1 million a year earlier and below analyst estimates of $4.03 million to $4.08 million. The stock fell 9.28% to $19.41. On August 25, the company said chief financial officer John Markovich was retiring effective September 2. The shares fell 9.51% to $17.51 the next day. Law firm Faruqi & Faruqi issued the reminder.

Yahoo Finance
Oct 15th, 2026
D-Wave shares fall 21% in a week to 73% below peak as operating loss doubles to $53.3M

D-Wave Quantum (QBTS) shares fell 21.0% in the week to October 14, 2026, against a 1.0% dip for the S&P 500. The stock closed at its lowest point in a year, 73.1% below its peak. In five market shocks since August 2022, D-Wave fell 51.2% on average, versus 11.3% for the S&P 500. Its deepest drop, 73.0%, came in the 2023 yield shock and took 12.9 months to recover. In the April to June 2026 quarter, revenue was $3.08 million, roughly flat year on year. The operating loss doubled to $53.3 million. D-Wave held $546 million in cash and short-term investments at the end of June, against $48.1 million in debt. Its signed-contract backlog stood at $40.7 million.

Yahoo Finance
Oct 12th, 2026
D-Wave's flat $3.1M quarterly revenue clashes with its $5.4B valuation as system sales lag

D-Wave Quantum (QBTS) reported second-quarter 2026 revenue of $3.1 million, essentially flat on a year earlier. The stock carries a $5.4 billion valuation, or 434.9 times sales. Systems revenue was only about $300,000, as each annealing system, priced at $20 million to $40 million, takes time to site, build, install, and calibrate. Cloud subscriptions rose 50% and professional services climbed more than 18%. Adjusted EBITDA loss widened 85%, and gross margin fell to 55.4% from 63.8%. Backlog reached $40.7 million on June 30, up 668%, and management expects about 57% of it to become revenue within twelve months. It plans to ship two systems in 2026, probably in the fourth quarter. D-Wave held $546.2 million in cash and marketable securities at the end of June.

PR Newswire
Oct 12th, 2026
D-Wave investigated after 9% share drops, $3.08M revenue miss and CFO exit

Law firm Kessler Topaz Meltzer & Check (KTMC) is investigating D-Wave Quantum (NASDAQ: QBTS) for potential violations of federal securities laws. It is seeking investors who bought or acquired D-Wave securities and suffered significant losses. On August 6, 2026, D-Wave reported second-quarter revenue of $3.08 million, below analyst expectations of $4.03 million to $4.08 million. Its stock fell more than 9%. On August 25, 2026, the company announced its chief financial officer would resign, effective September 2, 2026. The stock fell more than 9% again on August 26, 2026. KTMC says affected investors may have legal rights, and that speaking with an attorney carries no cost or obligation.

Yahoo Finance
Oct 9th, 2026
Alphabet leads quantum race with Willow chip as IonQ and D-Wave face profitability challenges

Alphabet is positioned as the best quantum computing investment for long-term investors, according to a new analysis, despite IonQ and D-Wave Quantum gaining attention in the space. While IonQ and D-Wave show impressive growth — IonQ's Q2 revenue jumped 287% to $80 million — both remain unprofitable and require heavy spending on research and development. IonQ posted a $120 million adjusted EBITDA loss in the quarter. Alphabet's Google Quantum AI recently achieved a breakthrough with its Willow chip, which completed a computation in under five minutes that would take current supercomputers 10 septillion years. The chip also demonstrated declining error rates as qubits increase, a critical step toward scalable quantum computing. Unlike pure-play quantum companies, Alphabet doesn't depend on quantum computing for its valuation. The company trades at a forward price-to-earnings ratio around 29 and could integrate quantum capabilities into its existing cloud and AI infrastructure.