HillSignal
$QBTSListed company

D-Wave Quantum Inc.

Its government footprint in one place: federal money, influence and market activity, each row linked to its source. Federal figures gathered Oct 26, 2026.

In plain words

It appears on 86 Senate lobbying filings from 2021 to 2026; 11 of the lobbyists on them once held government posts. In the last 12 months insiders sold 1 time ($52K) and bought 0 times ($0); 1 of the 1 sales whose filing shows the plan box were planned in advance.

Written by fixed rules from the figures on this page. No opinion, no prediction.

In 1 theme:Quantum ComputingShow all

A company is listed in a theme only when a specific contract in the theme names it.

Federal obligations, 12 months
$0
0.00% of revenue (a guide, not a split)
See the money
Contracts ending in 18 months
0
None in our records
See the list
Lobbying filings
86
11 lobbyists held government posts
See who
Insider trades, 12 months
1 sold · 0 bought
1 of 1 sales planned (10b5-1)
See the trades

Government money
ⓘObligations: money an agency has formally committed to pay under a contract. Not the same as money already paid, and not revenue.

SEC revenue and federal obligations

SEC revenue, 12 months to Jun 30, 2026
$12.4M
10-Q, filed Aug 6, 2026
Federal contract obligations, same 12 months (Jul 2025 to Jun 2026)
$0
Contract obligations vs revenue
0.00%
A guide, not a revenue split. Subcontracts and classified work are not included: see the note below.
Contracts obligated, federal fiscal yearCompany revenue, its fiscal year ending in that year (10-K)
  • FY2026
    Oct 2025 to Sep 2026
    $0
    $24.6M year to Dec 31, 2025
  • FY2025
    Oct 2024 to Sep 2025
    $0
    $8.8M year to Dec 31, 2024
  • FY2024
    Oct 2023 to Sep 2024
    $0
    $8.8M year to Dec 31, 2023
  • FY2023
    Oct 2022 to Sep 2023
    $0
    Revenue for this year not on file
  • FY2022
    Oct 2021 to Sep 2022
    $0
    Revenue for this year not on file
What these numbers are

Obligated means an agency committed the money to this company in that period (a signed contract action), as reported to USAspending. It is not a payment and not revenue: a contract can be funded for several years at once, and revenue is booked as the work is done. Some years can exceed revenue for that reason.

Prime contracts only, and only what is published. Work the company does as a subcontractor is not in these figures, and classified contracts are not published on USAspending at all. A low share can mean either. Contract values, ceilings and options are never added in.

Which units count: the USAspending recipient that is the company's SEC registrant; units of the company that USAspending's own records place under it (as parent, or in its family tree); and subsidiaries from the company's SEC Exhibit 21 that carry its name. Joint ventures, units now owned by someone else, and records that only share a name are held back. Both lists are below.

Earlier years count the units the company owns today. A unit we checked by hand (its USAspending parent is out of date) counts from the date the company bought it, or, where no filing gives that date, from the first date a filing shows the company owning it. Other units count for every year shown until their purchase dates are loaded.

Revenue bars are the company's own fiscal year from its 10-K, placed in the federal year it ends in; its fiscal year can end in a different month than the government's.

Fiscal year 2022 onward. Federal fiscal years run October to September; the company's own fiscal year may differ.

Units counted (0), held back (2)

    Held back: a matching name we could not tie to this company firmly enough. A miss is better than a wrong link.

    • D WAVE SYSTEMS INC (Exhibit 21 subsidiary, and USAspending lists no parent of ours)
    • QUANTUM CIRCUITS, INC. (an old record with no UEI whose name is not exactly the company's SEC name)

    Contracts ending in the next 18 months

    None in the contracts we hold for this company.

    Amount: obligated to date. From the contracts in HillSignal's records tied to this ticker; the full list of contracts ending across government is on Recompetes.

    Influence

    Revolving door: 11 lobbyists on its filings held government posts

    Every post as the lobbyist listed it on the company's Senate LDA filings, one per line.

    • Jefferies Murraylast filed 2026 · 23 filings
      535 Group, LLC
      • Chief of Staff to Congressman Bud Cramer, Legislative Director to Congressman Bill Brewster
    • Kristen Gullottlast filed 2026 · 8 filings
      Dogwood Strategies
      • Special Assistant, US Department of Energy, Office of Fossil Energy, 2002-2003 Policy Advisor, US Department of Energy, Office of Fossil Energy, 2003-2004
    • Sarah Beth Jansenlast filed 2024 · 5 filings
      Franklin Square Group, LLC
      • Counsel, Sen. Homeland Security & Governmental Affairs Cmte (Sen. Tom Coburn)
      • General Counsel, Counsel, Judiciary Rep. -Sen. Judiciary Cmte/Privacy Tech & Law Subcmte (Sen. Tom Coburn), Intern -Sen. Jeff Sessions
      • Intern -House Judiciary Committee
    • Kevin Cumminslast filed 2023 · 1 filing
      Franklin Square Group, LLC
      • Sr. Professional Staff - Sen. Commerce, Science & Transportation Committee
      • Sr. Legislative Assistant, Legislative Assistant - Sen. Tom Udall
    See all 11
    • Wesley Mcclellandlast filed 2022 · 1 filing
      Franklin Square Group, LLC
      • Senior Policy Advisor - House Majority Leader Kevin McCarthy
      • Senior Policy Advisor - House Majority Whip Kevin McCarthy
      • Senior Policy Advisor - Rep. John Campbell
      • Legislative Assistant - Rep. Bill Thomas
    • Kara Calvert Campbelllast filed 2021 · 4 filings
      Franklin Square Group, LLC
      • LEG ASST-SEN ENZI
    • Joshua Ackillast filed 2021 · 4 filings
      Franklin Square Group, LLC
      • ASST-REP GEPHARDT
      • ASST DIR-SEN STEERING
      • LEG AFF-PRES CLINTON
    • Matthew Tanielianlast filed 2021 · 4 filings
      Franklin Square Group, LLC
      • COUNSEL-SEN TORRICELLI
      • CHIEF COUNSEL-SEN JUDIC COURT SUBCOMM
    • Brian Worthlast filed 2021 · 4 filings
      Franklin Square Group, LLC
      • COALITIONS DIR-HOUSE MAJORITY WHIP/MCCARTHY
    • Troy Perrylast filed 2021 · 4 filings
      Franklin Square Group, LLC
      • DIR-MEMBER SERVICES, HOUSE DEMOCRATIC CAUCUS
    • Brian Peterslast filed 2021 · 4 filings
      Franklin Square Group, LLC
      • PRESS SECRETARY & LEG ASST-REP INSLEE

    Foreign agents (FARA)
    ⓘFARA (Foreign Agents Registration Act): people who work in the US for a foreign government, party or company must register and report what they do and what they are paid.

    Lobbying firms working for this company also represent these foreign principals. These are separate engagements: the firm's foreign work is not done for this company.

    • McKeon Group, Inc. · latest FARA filing, Jun 18, 2026lobbied for this company to 2026

      McKeon Group, Inc. lobbies the federal government for D-Wave Quantum Inc.: 4 filings, 2026, on defense and intelligence (for example, “Technologies for Indo Pacific Command”). Separately, it is registered as an agent of 2 foreign principals. In its latest six-month FARA report (to May 31, 2026) it reported $360,000 received from foreign principals.

      • Embassy of the Republic of the Union of Myanmar · Burmapay not stated in the agreementfiled Aug 22, 2025
      • Embassy of Saudi Arabia · Saudi Arabiapay not stated in the agreementfiled Aug 20, 2018

      Agents registered at this firm, not necessarily assigned to this specific client: John Chwat, Howard D McKeon, David Keysor, Howard P. McKeon, Howard D. McKeon, Preston Feinberg

    Lobbying

    86 filings, 2021 to 2026. Paid lobbying firms $1.7M. In-house lobbying spend $1.9M.

    Firms: 535 Group, LLC, D-Wave Government Inc., Dogwood Strategies, Franklin Square Group, LLC, Fti Government Affairs, The Mckeon Group, Inc.

    Issues: Budget/Appropriations, Computer Industry, Defense, Intelligence, Science/Technology

    Contacted: House Of Representatives, Senate, Defense, Dept Of (Dod), Energy, Dept Of, Commerce, Dept Of (Doc), Office Of Science & Technology Policy (Ostp), Federal Deposit Insurance Corporation (Fdic), Homeland Security, Dept Of (Dhs)

    From the company's Senate LDA filings. Firm fees and in-house spend are reported on different filings, so they are shown apart. Lobbying is legal and common; it shows what the company paid to be heard on, not what it got.

    PAC giving

    No corporate PAC tied to this company in the FEC records we hold.

    Market
    ⓘA 10b5-1 plan is a trading schedule an insider sets up in advance, so sales under it say less about the insider’s view.

    Insider trades

    Bought, last 12 months
    $0
    0 trades
    Sold, last 12 months
    $52K
    1 trade
    Sells under a 10b5-1 plan
    100%
    1 of 1 sells whose filing has the plan box
    Largest trade
    $52K
    Sold by Ames Sophie C, Jul 20, 2026
    • Ames Sophie C Exec. Vice President & CHROSold $52K · Jul 20, 2026

    Open-market buys and sells from SEC Form 4 filings; grants and option exercises left out, and trades whose filed price failed our market check. A 10b5-1 plan is a trading schedule set in advance, so those sells say little about the insider's view. The plan box is on filings from April 2023 on.

    Members of Congress who traded it

    No disclosed trades by members in our records.

    Fund holders with contract wins (13F)
    ⓘ13F: a quarterly SEC filing in which large investment managers list the US stocks they hold, filed up to 45 days after the quarter.

    None found.

    People and connections

    Key people

    • GOLKOV GREGORYActing CFO & SVP, Finance
    • GAVGANI BERNARDDirector
    • BLACK STANLEY TExec. Vice President & CISO
    • AMES SOPHIE CExec. Vice President & CHRO
    • AMES SOPHIE CExec. Vice President & CHRO
    • BARATZ ALAN EPresident & CEO
    • BARATZ ALAN EPresident & CEO
    • Nguyen DianeEVP, Chief Legal Officer & GC
    • Markovich John MChief Financial Officer
    • Nguyen DianeEVP, Chief Legal Officer & GC

    Connections

    Connections to other companies, executives and members of Congress, from disclosed trades, shared officers and public filings, are part of Pro. See Pro

    Activity

    Every record that names this company by ticker, newest first: awards, bills, executive actions, SEC filings, news, private raises and patents.

    Sources and limits

    USAspending (prime contracts only; no subcontracts or classified work; defense contracts can arrive up to 90 days after signing), SEC EDGAR, Senate LDA, FEC, House and Senate disclosures, the Federal Register and the White House. Companies are tied to records by exact name, a verified alias or a subsidiary in the company's own Exhibit 21; a miss is better than a wrong link. A shared date is not proof of cause, and nothing here is investment advice.