QBTS — D-Wave Quantum Inc.
—
Nasdaq ·
Information Technology ·
IT Services ·
CIK 1907982 ·
Last close
$18.68
Market Cap
$6.90B
52W High
$31.30
52W Low
$16.02
ADV30
17,362,069
Next earnings
2026-11-05
Quarterly Fundamentals
Revenues vs Net Income (last 4 Q)
Assets vs Liabilities (last 4 Q)
| Period | Revenues | GrossProfit | OpIncome | NetIncome | 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
$7,095,943,168
Total Cash
$546,214,976
Total Debt
$48,108,000
Shares Out
369,263,837
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 | OpIncome | NetIncome | Assets | Liabilities | Equity | OCF |
|---|---|---|---|---|---|---|---|
| Dec 2025 | 24,587,000 | -100,368,000 | -355,062,000 | 915,813,000 | 63,583,000 | — | -71,982,000 |
| Dec 2024 | 8,827,000 | -77,223,000 | -143,879,000 | 199,853,000 | 137,207,000 | — | -42,643,000 |
| Dec 2023 | 8,758,000 | -80,546,000 | -82,715,000 | 59,356,000 | 83,837,000 | — | -60,649,000 |
| Dec 2022 | 7,173,000 | -59,458,000 | -53,702,000 | 26,947,000 | 56,410,000 | — | -45,226,000 |
TTM Snapshot
Revenues TTM
$7,434,000
NetIncome TTM
$-56,338,000
OpCashFlow TTM
$0
Assets (Latest)
$199,853,000
Forward EPS
$-0.37
Max Pain — expiry 2026-08-28 (volume-derived — Yahoo OI feed degraded)
max pain strike: $19.50 · spot: $18.68 · call volume: 9,243 · put volume: 5,732
Expected Move to 2026-08-28:
±$1.31
(7.01%) —
implied range
$17.37 –
$19.99
· ATM straddle on $18.50 strike
Peers — same industry
| Ticker | Name | Market Cap | Last | Daily % |
|---|---|---|---|---|
| DOX | AMDOCS LTD | $6.48B | $62.10 | — |
| APLD | Applied Digital Corp. | $7.64B | $26.89 | — |
| GDS | GDS Holdings Ltd | $6.19B | $31.75 | — |
| SNAP | Snap Inc | $7.95B | $5.53 | — |
| OTEX | OPEN TEXT CORP | $5.95B | $24.58 | — |
News headlines (Yahoo Finance, 1h cache)
D-Wave Quantum vs. Rigetti Computing: Which Quantum Computing Stock Is a Better Investment in 2026?
2026-08-24 22:20 · Yahoo
Why Is QBTS Stock Dropping While Its Quantum Order Book Explodes?
2026-08-24 16:43 · Yahoo
Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum Have Put Wall Street on Notice With This $863 Million Warning
2026-08-24 11:26 · Yahoo
What Does a D-Wave Quantum Insider's Sale of 23,850 Shares Mean for Investors?
2026-08-23 05:31 · Yahoo
Why Did Rigetti Quantum Stock Pop Today?
2026-08-21 17:58 · Yahoo
Why D-Wave Quantum Stock Popped Today
2026-08-21 16:54 · Yahoo
D-Wave Quantum Stock Climbs as BMO Turns Bullish, Sees 85% Upside
2026-08-21 15:19 · Yahoo
D Wave Quantum (QBTS) Stock Looks Expensive On Its Very Large 3 Year Run
2026-08-21 13:13 · Yahoo
QBTS Stock Rises Premarket: BMO Hails D-Wave Quantum's 'Commercial Revenue', Sees 86% Upside
2026-08-21 09:06 · Yahoo
D-Wave Quantum (QBTS) Shares Dropped, So What Is Driving Attention Now?
2026-08-21 07:10 · Yahoo
Recent Insider Activity
No insider activity indexed for this ticker.