QBTS
D-Wave Quantum Inc.Company Information
- Company Name
- D-Wave Quantum Inc.
- CIK
- CIK0001907982
- Category
- Non-accelerated filer
- Ticker: Exchange
- QBTS: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 06 Technology
- SIC
- 7374
- SIC Description
- Services-Computer Processing & Data Preparation
- Ticker
- QBTS
SEC filing data through
Insider Sentiment
- Last purchase
- 2025-11-18
- Last sale
- 2026-09-08
- Shares purchased (TTM)
- 82
- Shares sold (TTM)
- 3,848,840
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 193,764,644
- Shares outstanding
- 370,840,115
- Ownership
- 52.25%
Earnings Market Reaction
- Filing date
- 2026-08-06
- Price on filing date
- —
- 1-month reaction
- -12.45%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||||||||||
| Cash | - | - | - | - | - | - | - | 29 | 41 | 27 | 41 | 53 | ||||||
| Cash And Cash Equivalents At Carrying Value | 297 | 338 | 635 | 836 | 819 | 304 | 178 | - | - | - | 41 | - | ||||||
| Marketable Securities Current | 250 | 250 | 249 | - | - | - | 0 | - | - | - | - | - | ||||||
Assets Current | ||||||||||||||||||
| Accounts Receivable Net Current | 2 | 9 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | ||||||
| Assets Current | 561 | 607 | 896 | 848 | 829 | 311 | 185 | 35 | 47 | 34 | 47 | 58 | ||||||
| Inventory Net | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| Prepaid Expense And Other Assets Current | 9 | 7 | 7 | 7 | 5 | 4 | 4 | 2 | 2 | 3 | 2 | 2 | ||||||
| Property Plant And Equipment Net | 22 | 15 | 8 | 6 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 2 | ||||||
| Operating Lease Right Of Use Asset | 12 | 10 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 9 | ||||||
| Intangible Assets Net Excluding Goodwill | 212 | 215 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Goodwill | 343 | 343 | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Assets Noncurrent | 9 | 9 | 4 | 5 | 3 | 3 | 3 | 3 | 4 | 4 | 1 | 1 | ||||||
| Assets | 1,158 | 1,200 | 916 | 866 | 844 | 326 | 200 | 50 | 62 | 49 | 59 | 70 | ||||||
Liabilities And Stockholders Equity | ||||||||||||||||||
| Accounts Payable Trade Current | 5 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | ||||||
| Accrued Liabilities Current | 12 | 15 | 16 | 9 | 12 | 7 | 9 | 7 | 5 | 6 | 5 | 10 | ||||||
| Long Term Debt Current | - | - | - | - | - | - | - | - | - | - | - | 30 | ||||||
Liabilities Current | ||||||||||||||||||
| Liabilities Current | 27 | 28 | 21 | 16 | 19 | 15 | 30 | 26 | 43 | 11 | 11 | 44 | ||||||
| Operating Lease Liability Current | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | - | ||||||
| Other Long Term Debt Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 33 | 0 | 0 | - | ||||||
| Contract With Customer Liability Current | 9 | 9 | 3 | 3 | 5 | 6 | 19 | 3 | 3 | 2 | 3 | 2 | ||||||
| Warrants And Rights Outstanding | - | - | 0 | 141 | 91 | 66 | 70 | 2 | 2 | 4 | 2 | 2 | ||||||
| Notes Payable Current | - | - | - | - | - | - | - | - | - | - | 0 | - | ||||||
| Operating Lease Liability Noncurrent | 12 | 10 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | ||||||
| Long Term Debt Noncurrent | 35 | 35 | 36 | 32 | 32 | 30 | 30 | 32 | 31 | 63 | 64 | 33 | ||||||
| Contract With Customer Liability Noncurrent | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities | 75 | 76 | 64 | 195 | 149 | 118 | 137 | 66 | 83 | 86 | 84 | 85 | ||||||
| Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Stockholders Equity | ||||||||||||||||||
| Additional Paid In Capital | 2,140 | 2,134 | 1,843 | 1,619 | 1,503 | 850 | 700 | 535 | 507 | 474 | 469 | 462 | ||||||
| Stockholders Equity | 1,083 | 1,124 | 852 | 671 | 694 | 207 | 63 | -17 | -22 | -37 | -24 | -15 | ||||||
| Retained Earnings Accumulated Deficit | -1,048 | -1,000 | -982 | -940 | -800 | -632 | -627 | -541 | -518 | -500 | -483 | -467 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -9 | -9 | -9 | -9 | -9 | -10 | -11 | -11 | -10 | -10 | -11 | -10 | ||||||
| Liabilities And Stockholders Equity | 1,158 | 1,200 | 916 | 866 | 844 | 326 | 200 | 50 | 62 | 49 | 59 | 70 | ||||||
| Allowance For Doubtful Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | ||||||
| Common Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Common Stock Shares Authorized | 675 | 675 | 675 | 675 | 675 | 675 | 675 | 675 | 675 | 675 | 675 | 675 | ||||||
| Common Stock Shares Issued | 372 | 370 | 359 | 346 | 340 | 291 | 267 | 208 | 186 | 162 | 161 | 155 | ||||||
| Shares Outstanding | 372 | 370 | 359 | 346 | 340 | 291 | 267 | 208 | 186 | 162 | 161 | 155 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialD-Wave Quantum Inc. (QBTS) — SEC Financial Statements & Analysis
D-Wave Quantum Inc. (QBTS) is a services-computer processing & data preparation company, incorporated in DE. D-Wave Quantum Inc. trades on Nasdaq as: QBTS. D-Wave Quantum Inc. (QBTS)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, D-Wave Quantum Inc. carries a market cap of $8.90B, a P/E ratio of -35.77x, a P/B ratio of 8.21x, a P/S ratio of 716.01x, an enterprise value of $8.63B, and an EV/EBITDA multiple of -53.57x. On profitability, it posts a gross margin of 64.19%, an operating margin of -1372.88%, a net margin of -2001.59%, a Return on Equity (ROE) of -27.98%, a Return on Assets (ROA) of -24.84%, and a Return on Invested Capital (ROIC) of -46.80%. Per share, it reports EPS of $-0.67, diluted EPS of $-0.67, free cash flow per share of $-0.32, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of -44.22% year-over-year, net income growth of -11.67% year-over-year, and EPS growth of -27.99% year-over-year. On the balance sheet, it maintains a current ratio of 20.55x, a quick ratio of 20.09x, working capital of $533.31M, a debt-to-equity ratio of 0.07x, a debt ratio of 0.07, an interest coverage ratio of -331.87x, free cash flow of $-119.08M (TTM), and net debt of $-261.76M. Figures sourced from SEC EDGAR.
- Market Cap
- $8.90B
- P/E TTM
- -35.77x
- EPS TTM
- $-0.67
- P/B TTM
- 8.21x
- ROE TTM
- -27.98%
- ROA TTM
- -24.84%
- Debt To Equity
- 0.07x
- Free Cash Flow TTM
- $-119.08M
- Net Revenue TTM Growth 1Y
- -44.22%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is D-Wave Quantum Inc. in?
D-Wave Quantum Inc. (QBTS) operates in the Services-Computer Processing & Data Preparation industry.
What exchange does QBTS trade on?
D-Wave Quantum Inc. (QBTS) trades on the Nasdaq.
Where is D-Wave Quantum Inc. incorporated?
D-Wave Quantum Inc. is incorporated in DE.
When was D-Wave Quantum Inc. (QBTS)'s most recent SEC filing?
D-Wave Quantum Inc. (QBTS)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.
What is QBTS's market cap?
D-Wave Quantum Inc. (QBTS) has a market capitalization of $8.90B as of 2026-06-30.
What is QBTS's EPS (earnings per share)?
D-Wave Quantum Inc. (QBTS)'s trailing twelve month EPS is $-0.67 as of 2026-06-30.
What is QBTS's ROE (return on equity)?
D-Wave Quantum Inc. (QBTS)'s trailing twelve month Return on Equity (ROE) is -27.98% as of 2026-06-30.
What is QBTS's ROA (return on assets)?
D-Wave Quantum Inc. (QBTS)'s trailing twelve month Return on Assets (ROA) is -24.84% as of 2026-06-30.
What is QBTS's ROIC (return on invested capital)?
D-Wave Quantum Inc. (QBTS)'s trailing twelve month Return on Invested Capital (ROIC) is -46.80% as of 2026-06-30.
What is QBTS's EV/EBITDA?
D-Wave Quantum Inc. (QBTS)'s trailing twelve month EV/EBITDA is -53.57x as of 2026-06-30.