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CapEx at other companies

International Business Machines logo
International Business MachinesIBM
-$975M-564%
Quantum Computing Inc. logo
Quantum Computing Inc.QUBT
$1.82M+5.1%
IonQ logo
IonQIONQ
$10.21M+756%
Rigetti Computing, Inc. logo
Rigetti Computing, Inc.RGTI
$11.99M+112%
DXC Technology logo
DXC TechnologyDXC
$70M-9.1%
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$3.1M-0.6%
Gross profit$1.7M-13.8%
Operating income-$53.3M-101%
Net income-$48.0M+71.3%
EPS (diluted)-$0.13+76.4%

Balance sheet

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Cash & equivalents$296.6M-63.8%
Total debt$48.0M+20.0%
Total equity$1.1B+56.0%
Total assets$1.2B+37.3%

Cash flow

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Operating cash flow-$28.5M-86.5%
Free cash flow-$32.9M-105%

Valuation

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Market cap$7.92B+44.2%
Enterprise value$7.68B+62.8%
P/S637.7×+391×

Profitability

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Gross margin64.2%-18.3pp
Operating margin-1,372.9%-2,100pp
Net margin-2,001.6%+2,806pp
FCF margin-958.4%-1,451pp

Returns & leverage

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Return on equity-28%
Debt / equity0.0×
Current ratio20.5×-22.4×

Where this comes from

Reported directly by D-Wave Quantum in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: D-Wave Quantum’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001907982-26-000129
(in thousands)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net cash used in operating activities(73,463)(34,565)
Cash flows from investing activities:
Acquisition of business, net of cash acquired(252,821)
Purchase of property and equipment(5,521)(1,187)
Purchases of marketable debt securities(149,117)
Maturities of marketable debt securities147,241
Proceeds from recovery of previously written-off convertible note959
Expenditures for internal-use software(363)(129)

Item 1. D-Wave Quantum Inc. Financial Statements (Unaudited)

FAQ

What is D-Wave Quantum's capex?
D-Wave Quantum (QBTS) reported capex of $4.44M in Q2 2026.
How has D-Wave Quantum's capex changed year-over-year?
D-Wave Quantum's capex increased by 492.8% year-over-year, from $749K to $4.44M.
What is the long-term trend for D-Wave Quantum's capex?
Over 3 years (2022 to 2025), D-Wave Quantum's capex has grown at a 109.0% compound annual growth rate (CAGR), from $423K to $3.86M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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