Go Deep
D-Wave Quantum Inc.
D-Wave Quantum Inc. Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 20,249 | -19.4 | 4.69 | 0.04 | 1,274.23 |
| Oct 2026 | 20,632 | -17.4 | 4.22 | 0.04 | 1,142.22 |
| Oct 2026 | 20,358 | -20.7 | 4.49 | 0.04 | 1,216.93 |
| Oct 2026 | 20,478 | -17.1 | 4.13 | 0.04 | 1,115.74 |
| Oct 2026 | 20,463 | -17.1 | 4.15 | 0.04 | 1,121.68 |
| Oct 2026 | 20,396 | -17.1 | 4.13 | 0.04 | 1,116.94 |
| Oct 2026 | 20,297 | -17.5 | 4.24 | 0.04 | 1,144.44 |
| Oct 2026 | 20,443 | -16.9 | 4.08 | 0.04 | 1,097.77 |
D-Wave Quantum Inc. Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 3,076,000.0 | 2,858,000.0 | 2,752,000.0 | 3,739,000.0 |
| Net Profit | -48,028,000.0 | -18,357,000.0 | -42,326,000.0 | -139,986,000.0 |
| EPS | -0.1 | -0.1 | -0.1 | -0.4 |
D-Wave Quantum Inc. Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 24,587,000.0 | 8,827,000.0 | 8,758,000.0 | 7,173,000.0 | — |
| Net Profit | -355,062,000.0 | -143,879,000.0 | -82,715,000.0 | -53,702,000.0 | — |
| EPS | -1.1 | -0.8 | -0.6 | -0.5 | — |
D-Wave Quantum Inc. Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 915,813,000.0 | 199,853,000.0 | 59,356,000.0 | 26,947,000.0 | — |
| Total Liabilities | 63,583,000.0 | 137,207,000.0 | 83,837,000.0 | 56,410,000.0 | — |
| Total Equity | 852,230,000.0 | 62,646,000.0 | -24,481,000.0 | -29,463,000.0 | — |
Owes vs Owns
D-Wave Quantum Inc. owed $0.07 for every $1 it owned in Jun 2026, down from $2.09 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.07× | 0.07× | 0.69× | 1.41× | 2.09× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
D-Wave Quantum Inc. Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 96.6%Receivables 0.5%Fixed assets (tangible) 1.6%Other assets 0.7%
How it's funded — Dec 2025
Long-term debt 3.9%Other liabilities 2.9%Shareholders' equity 93.1%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 884.5 | 178.0 | 41.3 | 7.1 |
| Receivables | 4.7 | 1.8 | 1.7 | 1.1 |
| Inventory | 2.8 | 1.7 | 2.1 | 2.2 |
| Fixed assets (tangible) | 14.4 | 11.4 | 10.8 | 11.4 |
| Intangible assets | 0.9 | 0.5 | 0.2 | 0.2 |
| Long-term investments | 2.4 | 2.6 | 1.2 | 1.2 |
| Other assets | 6.2 | 4.0 | 2.2 | 3.8 |
| Liabilities & equity | ||||
| Short-term debt | 0.1 | 0.3 | 0.4 | 2.3 |
| Long-term debt | 35.8 | 30.1 | 63.9 | 31.2 |
| Payables | 0.9 | 0.8 | 1.5 | 3.8 |
| Other liabilities | 26.7 | 105.9 | 18.1 | 19.2 |
| Shareholders' equity | 852.2 | 62.6 | -24.5 | -29.5 |
| Net tangible assets | 851.3 | 62.2 | -24.7 | -29.7 |
D-Wave Quantum Inc. Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | -71,982,000.0 | -42,643,000.0 | -60,649,000.0 | -45,226,000.0 | — |
| Investing Activities | -251,135,000.0 | -3,141,000.0 | -630,000.0 | -498,000.0 | — |
| Financing Activities | 779,149,000.0 | 182,450,000.0 | 95,636,000.0 | 43,265,000.0 | — |