Exhibit 99.1 D-Wave Reports First Quarter 2024 Results Q1 Revenue up 56%Year over Year Q1 Bookings up 54% Year over Year Gross Profit up 294% Year over Year PALO ALTO, Calif. – May 13, 2024 – D-Wave Quantum Inc., (NYSE: QBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial results for its first fiscal quarter ended March 31, 2024. “D-Wave’s first quarter revenue and bookings reflect growing customer demand for quantum and hybrid ...