QBTS — D-Wave Quantum Inc.

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Nasdaq · Information Technology · IT Services · CIK 1907982 ·
Last close
$17.41
Market Cap
$6.55B
52W High
$46.75
52W Low
$12.75
ADV30
15,941,683
Next earnings
2026-11-05

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGross profitOp incomeNet incomeAssetsCashLiabilities
Jun 2026 3,076,000 1,704,000 -53,278,000 -48,028,000 1,158,430,000 296,642,000 75,320,000
Mar 2026 2,858,000 1,818,000 -54,727,000 -18,357,000 1,199,815,000 338,197,000 75,563,000
Dec 2025 2,752,000 1,784,000 -34,839,000 -42,326,000 915,813,000 635,347,000 63,583,000
Sep 2025 3,739,000 2,669,000 -27,736,000 -139,986,000 865,820,000 836,231,000 195,266,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-110,880,000
Investing CF
$-511,359,000
Financing CF
$99,361,000
CapEx
$-8,875,000
Dividends Paid
—
Buybacks
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EPS Diluted TTM
$-0.71
As of
2026-08-09

Balance + Analyst (yfinance extras)

Retained Earnings
$-1,048,387,000
Inventory
$3,488,000
Receivables
$4,874,000
ST Investments
$249,573,000
EBIT TTM
$-273,046,000
Pretax Income TTM
$-277,141,000
Interest Exp TTM
$4,095,000
Analysts
15

Yahoo Snapshot (yfinance, live)

Total Revenue
$12,425,000
EBITDA
$-161,195,008
Free Cash Flow
$-73,379,872
Enterprise Value
$5,758,883,840
Total Cash
$546,214,976
Total Debt
$48,108,000
Shares Out
376,450,532
Trailing EPS
$-0.70
Book Value
$2.91
ROE
-28.0%
ROA
-10.7%
Div Yield
—

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOp incomeNet incomeAssetsLiabilitiesEquityOp cash flow
Dec 2025 24,587,000 -100,368,000 -355,062,000 915,813,000 63,583,000 852,230,000 -71,982,000
Dec 2024 8,827,000 -77,223,000 -143,879,000 199,853,000 137,207,000 62,646,000 -42,643,000
Dec 2023 8,758,000 -80,546,000 -82,715,000 59,356,000 83,837,000 -24,481,000 -60,649,000
Dec 2022 7,173,000 -59,458,000 -53,702,000 26,947,000 56,410,000 -29,463,000 -45,226,000

TTM Snapshot

Revenues TTM
$21,128,000
NetIncome TTM
$-57,550,000
OpCashFlow TTM
$0
Assets (Latest)
$915,813,000
Forward EPS
$-0.38

Max Pain — expiry 2026-10-02

max pain strike: $17.00 · spot: $17.17 · call oi: 25,011 · put oi: 6,486
Expected Move to 2026-10-02: ±$1.29 (7.48%) — implied range $15.89 – $18.46 · ATM straddle on $17.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
GDS GDS Holdings Ltd $6.39B $32.77 —
DOX AMDOCS LTD $6.03B $57.71 —
HNGE Hinge Health, Inc. $5.97B $95.57 —
APLD Applied Digital Corp. $7.46B $26.25 —
RNG RingCentral, Inc. $5.62B $76.16 —

News headlines (Yahoo Finance, 1h cache)

KIST Accelerates Global Expansion for Korean Quantum Deep-Tech Startups at Quantum World Congress 2026
2026-09-28 10:22 · Yahoo
D-Wave Quantum vs. QuantumScape: Which Moonshot Tech Stock Is a Better Buy in 2026?
2026-09-26 14:29 · Yahoo
Rigetti, D-Wave, or IonQ: Which Quantum Stock Has the Best Shot at Survival?
2026-09-25 19:20 · Yahoo
Quantum Computing Stocks Tumble After Stunning Rally
2026-09-25 16:21 · Yahoo
Quantum Stocks Near Q3 Finish Line: How IONQ, RGTI & QBTS Are Faring
2026-09-24 18:00 · Yahoo
IonQ Rises 4% as Post-Breakthrough Buying Continues; D-Wave Quantum Gains 3%, Rigetti Adds 2%
2026-09-24 17:14 · Yahoo
What Does D Wave Quantum (QBTS) Gain From Its New Enterprise Partnership?
2026-09-24 10:12 · Yahoo
Here's How QBTS Deepens Quantum Push With Funding and New Deals
2026-09-23 15:13 · Yahoo
How To Size QBTS Stock For The Next Market Shock?
2026-09-23 12:16 · Yahoo
CGI and D-Wave Quantum Partner on Enterprise Quantum Computing Applications
2026-09-23 12:06 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.