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D-Wave Quantum

(NYSE) QBTS

Current Price$18.66
Market Cap$6.91BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2020)+98%
5 Year+89%
1 Year+26%
1 Month-20%

D-Wave Quantum Financials at a Glance

Market Cap

$6.91BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$12.44M

Net Income (TTM)

-$368.00M

EPS (TTM)

-$1.13

P/E Ratio

-16.48

Dividend

$0.00

Beta (Volatility)

1.52 (High)

Price

$18.66

Volume

17,058,855.481

Open

$19.69

Previous Close

$18.66

Daily Range

$18.52 - $19.69

52-Week Range

$12.75 - $46.75

Estimated Earnings Date

Aug 6, 2026

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About D-Wave Quantum

Industry

Software

Employees

388

CEO

Alan E. Baratz, PhD

Headquarters

Palo Alto, BC 94303, US

QBTS Financials

Key Financial Metrics (TTM)

Gross Margin

66.27%

Operating Margin

-1155.61%

Net Income Margin

-2957.23%

Return on Equity

-44.05%

Return on Capital

-11.21%

Return on Assets

-30.67%

Earnings Yield

-6.07%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$6.91BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

370.44M

Volume

17.06M

Avg. Volume

35.24M

Financials (TTM)

Gross Profit

$8.25M

Operating Income

-$143.80M

EBITDA

-$386.70M

Operating Cash Flow

-$97.66M

Capital Expenditure

-$4.51M

Free Cash Flow

-$102.17M

Cash & ST Invst.

$588.40M

Total Debt

$46.82M

D-Wave Quantum Performance Analysis

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$2.86M

-80.9%

Gross Profit

$1.82M

-86.9%

Gross Margin

63.61%

N/A

Market Cap

$6.91BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$18.10M

N/A

Employees

382

N/A

Net Income

-$18.36M

-238.6%

EBITDA

-$42.40M

-813.4%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$588.40M

+93.3%

Total Debt

$46.82M

+21.8%

Accounts Receivable

$10.65M

+917.0%

Inventory

$2.92M

+71.3%

Long Term Debt

$45.13M

+23.4%

Short Term Debt

$1.69M

-9.6%

Return on Assets

-30.67%

N/A

Return on Invested Capital

-12.28%

N/A

Free Cash Flow

-$46.04M

-133.5%

Operating Cash Flow

-$44.96M

-133.2%

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Questions About QBTS

What is the current price of D-Wave Quantum?

D-Wave Quantum is trading at $18.66 per share.

What is the 52-week range for D-Wave Quantum?

Over the past 52 weeks, D-Wave Quantum has traded between $12.75 and $46.75.

How much debt does D-Wave Quantum have?

As of the most recent reporting period, D-Wave Quantum reported total debt of $46.82M.

How much cash does D-Wave Quantum have on hand?

D-Wave Quantum reported $338.20M in cash and cash equivalents in its most recent financial results.

What is D-Wave Quantum’s dividend yield?

D-Wave Quantum does not currently have a dividend yield.

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