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D-Wave Quantum

Delivers quantum computing hardware, software, cloud

Senior Software Engineer

Full-TimeUpdated on 10/27/2026
$125k - $187k
Senior
Bachelor's, Master's, PhD
New Haven, CT, USA
In Person
Software EngineeringBackend Engineering

About the job

Requirements
  • A Bachelor of Science or higher in computer science, electrical engineering, computer engineering, mathematics, or physics.
  • At least five years of hands-on professional software development experience.
  • Strong Python software development experience and proficiency in at least one compiled or systems programming language, such as C++, Go, or Rust.
  • Experience with scientific computing libraries such as NumPy.
  • Experience contributing to open-source software projects.
  • Competence with cloud platforms, specifically AWS.
  • Proficiency in database systems and SQL.
  • Competence with Git version control, build tools, and continuous integration and continuous delivery pipelines.
  • Proficiency with RESTful application programming interfaces.
  • Use of software testing principles and practices, including unit testing, integration testing, and end-to-end testing.
  • Ability to collaborate effectively in a fast-paced team environment.
  • Ability to document and communicate technical concepts effectively.
  • Experience with containerization and orchestration technologies such as Docker and Kubernetes.
  • Experience with performance profiling and diagnosing system issues.
Responsibilities
  • Collaborate with product managers, scientists, and applications engineers to translate functional requirements into technical specifications and production solutions.
  • Lead the architecture and implementation of reliable, maintainable systems spanning simulators, quantum processor services, and supporting platform infrastructure.
  • Design and build the tooling and core software used to develop, operate, and monitor quantum processors.
  • Write clean, well-documented code and participate in design and code reviews to ensure code quality and maintainability.
  • Troubleshoot issues, identify bottlenecks, and implement solutions to optimize performance and improve the user experience.
  • Contribute throughout the software lifecycle, from requirements and architecture through implementation, deployment, and production support.
  • Provide mentorship and guidance to junior engineers.

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

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Yahoo Finance
Oct 22nd, 2026
D-Wave's $4.5B valuation looks stretched: bearish case sees stock worth just $850M by 2031

D-Wave Quantum (NASDAQ: QBTS) has a real business, but its valuation of nearly $4.5 billion assumes far faster growth than its sales suggest. Revenue was $3.1 million last quarter, flat year over year. The company's backlog stands at $40.7 million, including a $20 million system sale booked in the first quarter. It lost $48 million in the second quarter and ended June with $546.2 million in cash and securities. D-Wave's quantum annealing technology suits optimisation tasks such as scheduling and routing. It is now pursuing gate-based systems after acquiring Quantum Circuits. A bullish case of 50% annual sales growth would lift 2031 revenue to about $323 million. A bearish case of 15% growth would yield about $85 million; at 10 times sales, D-Wave would be worth only $850 million.

Yahoo Finance
Oct 21st, 2026
D-Wave stock is down 70.8% and trades at 353x sales; two $20M-$40M systems hold the key

D-Wave Quantum stock has fallen 70.8% over the past year, while the S&P 500 gained 17.4%. Investors still pay 353 times sales for the stock, against 3.1 times for the index. The company expects most of its 2026 revenue in the fourth quarter, when it plans to ship two annealing quantum computer systems. D-Wave prices each at $20 million to $40 million, while its revenue for the twelve months to June 30, 2026 was $12.4 million, down 44.2%. Cloud customers are moving into production. Production applications made up over 37% of first-half cloud subscription revenue, against 9.8% a year earlier, and second-quarter subscription revenue rose 50% to $1.9 million. D-Wave held $546 million in cash and short-term investments against $48.1 million of debt. It burned $120 million over the twelve months, leaving about 4.5 years of cash.

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.