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D-Wave Quantum QBTS Free cash flow

Free cash flow at other companies

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International Business MachinesIBM
$1.62B+8.8%
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Quantum Computing Inc.QUBT
-$11.25M-82.4%
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-$113.97M-112%
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Rigetti Computing, Inc.RGTI
-$27.77M-27.2%
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DXC TechnologyDXC
$169M-29.0%
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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%
CapEx$4.4M+493%

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

Calculated from D-Wave Quantum’s reported figures.

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

Filed
Aug 6, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001907982-26-000129

FAQ

What is D-Wave Quantum's free cash flow?
D-Wave Quantum (QBTS) reported free cash flow of -$32.94M in Q2 2026.
How has D-Wave Quantum's free cash flow changed year-over-year?
D-Wave Quantum's free cash flow decreased by 105.4% year-over-year, from -$16.04M to -$32.94M.
What is the long-term trend for D-Wave Quantum's free cash flow?
Over 3 years (2022 to 2025), D-Wave Quantum's free cash flow has grown at a 18.4% compound annual growth rate (CAGR), from -$45.65M to -$75.84M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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