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D-Wave Quantum QBTS Long-Term Debt

Long-Term Debt at other companies

International Business Machines logo
International Business MachinesIBM
$65.26B+3.1%
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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Cash & equivalents$338.2M+11.1%
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:LongTermDebtNoncurrent.

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 long-term debt?
D-Wave Quantum (QBTS) reported long-term debt of $35.42M in Q1 2026.
How has D-Wave Quantum's long-term debt changed year-over-year?
D-Wave Quantum's long-term debt increased by 16.6% year-over-year, from $30.37M to $35.42M.
What is the long-term trend for D-Wave Quantum's long-term debt?
Over 5 years (2020 to 2025), D-Wave Quantum's long-term debt has grown at a 86.0% compound annual growth rate (CAGR), from $1.61M to $35.83M.
What does long-term debt mean?
Total debt that is not due to be paid back for at least one year.
How do you interpret long-term debt?
Higher levels increase financial leverage and interest expense, which can be beneficial for growth but increases risk during downturns.
How does long-term debt compare across companies?
Standard metric for capital structure analysis; peers in capital-intensive industries typically carry higher levels.