QBTSNasdaqServices-Computer Processing & Data PreparationFiscal year ends December 31
D-Wave Quantum Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$11.83+0.05 (+0.42%)
Close on Oct 19, 2026
- Market cap
- $4.39B
- P/E (TTM)
- –
- Dividend yield
- –
D-Wave Quantum statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Services-Computer Processing & Data Preparation companies for comparison
Valuation
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Market Cap | $4.37B | $283.76M |
| Enterprise Value | $3.86B | $296.20M |
| PS Ratio | 351.58 | 2.36 |
| PB Ratio | 4.03 | 2.67 |
| P/TBV Ratio | 8.26 | 4.90 |
Enterprise value
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| EV / Sales | 310.43 | 2.14 |
Income (trailing twelve months)
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Revenue | $12.43M | $289.17M |
| Gross Profit | $7.98M | $161.98M |
| Operating Income | -$170.58M | -$613.24K |
| Net Income | -$248.70M | -$301.07K |
| EBITDA | -$161.20M | -$156.35K |
| EPS (Diluted) | -$0.71 | $0.00 |
Margins
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Gross Margin | 64.2% | 55.8% |
| Operating Margin | -1372.9% | -1.81% |
| Profit Margin | -2001.6% | -1.80% |
| EBITDA Margin | -1297.3% | 0.60% |
| FCF Margin | -958.4% | 10.0% |
Returns
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Return on Equity (ROE) | -28.0% | 0.83% |
| Return on Assets (ROA) | -24.8% | -2.82% |
| Return on Invested Capital (ROIC) | -56.3% | -0.05% |
| Return on Capital Employed (ROCE) | -15.1% | -0.44% |
Growth
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -44.2% | 9.72% |
| Revenue Growth (3Y CAGR) | 50.8% | 7.66% |
| Revenue Growth (5Y CAGR) | 36.7% | 12.4% |
Balance sheet
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $546.22M | $43.42M |
| Total Debt | $34.89M | $204.00M |
| Net Cash (Debt) | $511.33M | $2.04M |
| Net Cash Per Share | $1.38 | $0.15 |
| Equity (Book Value) | $1.08B | $52.29M |
| Book Value Per Share | $2.93 | $1.93 |
| Tangible Book Value | $528.71M | $3.06M |
| Working Capital | $533.31M | $15.22M |
Financial position
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Current Ratio | 20.55 | 1.40 |
| Quick Ratio | 20.09 | 0.94 |
| Debt / Equity | 0.03 | 0.53 |
Cash flow (trailing twelve months)
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Operating Cash Flow | -$110.88M | $8.52M |
| Capital Expenditures | -$8.20M | -$5.56M |
| Free Cash Flow | -$119.08M | $43.71M |
| FCF Per Share | -$0.32 | $0.69 |
Efficiency
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Asset Turnover | 0.01 | 0.64 |
| Inventory Turnover | 1.50 | 13.06 |
| Revenue Per Employee | $32.02K | $392.99K |
| Profits Per Employee | -$640.97K | -$4.47K |
| Employee Count | 388 | 531 |
Dividends and yields
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Earnings Yield | -5.69% | -0.92% |
| FCF Yield | -2.73% | 4.02% |
Shares
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Shares Outstanding | 369,264,000 | 58,826,100 |
| Shares Change (YoY) | 40.1% | 2.21% |
| Shares Change (QoQ) | 0.53% | 0.06% |
| Float | 362,843,000 | 52,938,050 |
| Shares Held by Insiders | 1.74% | 13.2% |
| Shares Held by Institutions | 53.5% | 66.9% |
Scores
| Measure | D-Wave Quantum | Industry median |
|---|---|---|
| Altman Z-Score | 33.61 | 1.50 |
| Piotroski F-Score | 5 | 5 |
| Beneish M-Score | -2.94 | -2.80 |
Calculated by StockData from D-Wave Quantum's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.