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D-Wave Quantum QBTS Total Current Assets

Total Current Assets at other companies

International Business Machines logo
International Business MachinesIBM
$31.91B-9.7%
Quantum Computing Inc. logo
Quantum Computing Inc.QUBT
$1.01B+501%
IonQ logo
IonQIONQ
$2.41B+285%
Rigetti Computing, Inc. logo
Rigetti Computing, Inc.RGTI
$414.39M-4.4%
Infleqtion logo
InfleqtionINFQ
$464.88M
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%
CapEx$4.4M+493%
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:AssetsCurrent.

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, except share and per share data)June 30, 2026December 31, 2025
Trade accounts receivable, net of allowance for credit losses of $1 and $1762,0191,587
Inventories3,4882,776
Prepaid expenses and other current assets8,8727,388
Total current assets560,594896,232
Property and equipment, net22,0767,841
Operating lease right-of-use assets12,0426,518
Intangible assets, net211,816915
Goodwill342,588

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

FAQ

What is D-Wave Quantum's total current assets?
D-Wave Quantum (QBTS) reported total current assets of $560.59M in Q2 2026.
How has D-Wave Quantum's total current assets changed year-over-year?
D-Wave Quantum's total current assets decreased by 32.3% year-over-year, from $828.54M to $560.59M.
What is the long-term trend for D-Wave Quantum's total current assets?
Over 5 years (2020 to 2025), D-Wave Quantum's total current assets has grown at a 97.8% compound annual growth rate (CAGR), from $29.62M to $896.23M.
What does total current assets mean?
The sum of all assets expected to be converted to cash or consumed within one year — cash, receivables, inventory, and prepaid expenses.

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