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D-Wave Quantum QBTS Cash & Equivalents

Cash & Equivalents at other companies

International Business Machines logo
International Business MachinesIBM
$10.86B-2.7%
IonQ logo
IonQIONQ
$501.35M+209%
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$2.9M-80.9%
Gross profit$1.8M-86.9%
Operating income-$54.7M-385%
Net income-$18.4M-239%
EPS (diluted)-$0.05-150%

Balance sheet

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Total debt$46.7M+22.5%
Total equity$1.1B+442%
Total assets$1.2B+268%

Cash flow

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Operating cash flow-$45.0M-133%
CapEx$1.1M+147%
Free cash flow-$46.0M-134%

Valuation

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Market cap$9.15B+141%
Enterprise value$8.85B+159%
P/S735×+557×

Profitability

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Gross margin66.3%-17.0pp
Operating margin-1,155.6%-1,938pp
Net margin-2,957.2%-4,019pp
FCF margin-821%-1,451pp

Returns & leverage

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Return on equity-55.3%
Debt / equity-0.1×
Current ratio21.4×+0.7×

Where this comes from

Reported directly by D-Wave Quantum in its filing.

Tagged under the XBRL concept us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents.

The official record: D-Wave Quantum’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is D-Wave Quantum's cash & equivalents?
D-Wave Quantum (QBTS) reported cash & equivalents of $338.2M in Q1 2026.
How has D-Wave Quantum's cash & equivalents changed year-over-year?
D-Wave Quantum's cash & equivalents increased by 11.1% year-over-year, from $304.32M to $338.2M.
What is the long-term trend for D-Wave Quantum's cash & equivalents?
Over 5 years (2020 to 2025), D-Wave Quantum's cash & equivalents has grown at a 97.1% compound annual growth rate (CAGR), from $21.34M to $635.35M.
What does cash & equivalents mean?
The total amount of cash and highly liquid investments a company has on hand.
How do you interpret cash & equivalents?
An increase suggests improved liquidity and financial flexibility, while a decrease may indicate high cash burn or the need for external financing.
How does cash & equivalents compare across companies?
Peers in the quantum and deep-tech sectors typically maintain high cash balances to fund multi-year R&D cycles.