QBTS — D-Wave Quantum Inc.
—
Nasdaq ·
Information Technology ·
IT Services ·
CIK 1907982 ·
Last close
$14.60
Market Cap
$5.50B
52W High
$46.75
52W Low
$12.75
ADV30
15,802,895
Next earnings
2026-11-05
Quarterly Fundamentals
Revenues vs Net Income (last 4 Q)
Assets vs Liabilities (last 4 Q)
| Period | Revenues | Gross profit | Op income | Net income | Assets | Cash | Liabilities |
|---|---|---|---|---|---|---|---|
| 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
—
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 end | Revenues | Op income | Net income | Assets | Liabilities | Equity | Op 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
$12,444,000
NetIncome TTM
$-367,998,000
OpCashFlow TTM
—
Assets (Latest)
$1,199,815,000
Forward EPS
$-0.38
Max Pain — expiry 2026-10-16
max pain strike: $19.00 · spot: $14.60 · call oi: 56,075 · put oi: 56,880
Expected Move to 2026-10-16:
±$1.07
(7.33%) —
implied range
$13.53 –
$15.67
· ATM straddle on $14.50 strike
Peers — same industry
| Ticker | Name | Market Cap | Last | Daily % |
|---|---|---|---|---|
| SAIC | Science Applications International Corp | $5.43B | $129.71 | — |
| OTEX | OPEN TEXT CORP | $5.64B | $23.24 | — |
| NIQ | NIQ Global Intelligence plc | $5.28B | $17.91 | — |
| TTD | Trade Desk, Inc. | $5.27B | $12.34 | — |
| RNG | RingCentral, Inc. | $5.78B | $78.35 | — |
News headlines (Yahoo Finance, 1h cache)
Why Did D Wave Quantum (QBTS) Stock Drop While Attention Builds?
2026-10-09 03:19 · Yahoo
D-Wave Quantum vs. Rigetti Computing: Which Cutting Edge Quantum Stock Is a Better Buy in 2026?
2026-10-07 15:28 · Yahoo
D-Wave Quantum Crashed in 2026: One Wall Street Pro Predicts 170% Returns by 2027
2026-10-07 11:15 · Yahoo
CGI (TSX:GIB.A) Following D Wave Deal Has A Fresh Valuation Question
2026-10-06 15:06 · Yahoo
Here's How QBTS Exited Third Quarter With Key Growth Catalysts
2026-10-06 14:00 · Yahoo
D-Wave's Gate-Model Tech Notches a Major Milestone
2026-10-06 13:10 · Yahoo
Rigetti Computing vs. D-Wave Quantum: Which Quantum Computing Stock Is the Better Buy?
2026-10-06 06:29 · Yahoo
D-Wave Launches Gate-Model Simulator Beta Program, Advancing Error-Aware Programming Capabilities
2026-10-05 19:00 · Yahoo
D-Wave Partners with University of Arkansas to Establish Quantum Supply Chain Initiative at the Sam M. Walton College of Business
2026-10-05 11:00 · Yahoo
Better Quantum Computing Stock: IonQ vs. D-Wave
2026-10-01 21:35 · Yahoo
Recent Insider Activity
No insider activity indexed for this ticker.