What does inventory applied to capital projects mean?

Inventory repurposed for internal capital projects.

How do you interpret inventory applied to capital projects?

Frequent transfers may indicate that the company is utilizing its own products or components to build out its infrastructure.

How does inventory applied to capital projects compare across companies?

Specific to companies that manufacture their own capital equipment.

D-Wave Quantum QBTS Inventory applied to capital projects

Inventory applied to capital projects at other companies

Xcel EnergyXEL

$59M-3.3%

ACM ResearchACMR

$3.28M—

AeroVironmentAVAV

$1.63M+103%

AeroVironmentAVAV

$1.58M-63.9%

RubrikRBRK

$0—

ACM ResearchACMR

$0-100%

Other financials

Income statement

See full

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

See full

Cash & equivalents$338.2M+11.1%

Total debt$46.7M+22.5%

Total equity$1.1B+442%

Total assets$1.2B+268%

Cash flow

See full

Operating cash flow-$45.0M-133%

CapEx$1.1M+147%

Free cash flow-$46.0M-134%

Valuation

See full

Market cap$9.15B+141%

Enterprise value$8.85B+159%

P/S735×+557×

Profitability

See full

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

See full

Return on equity-55.3%—

Debt / equity0×-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 qbts:TransferFromInventoryToPropertyPlantAndEquipment.

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

Ask your AI about D-Wave Quantum's inventory applied to capital projects.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is D-Wave Quantum's inventory applied to capital projects?: D-Wave Quantum (QBTS) reported inventory applied to capital projects of $1.37M in Q1 2026.
What does inventory applied to capital projects mean?: Inventory repurposed for internal capital projects.
How do you interpret inventory applied to capital projects?: Frequent transfers may indicate that the company is utilizing its own products or components to build out its infrastructure.
How does inventory applied to capital projects compare across companies?: Specific to companies that manufacture their own capital equipment.