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D-Wave Quantum QBTS Shares (Diluted)

Shares (Diluted) at other companies

International Business Machines logo
International Business MachinesIBM
952.1M+0.7%
Quantum Computing Inc. logo
Quantum Computing Inc.QUBT
224M+46.4%
IonQ logo
IonQIONQ
367.7M+46.5%
Rigetti Computing, Inc. logo
Rigetti Computing, Inc.RGTI
333.2M+11.7%
Infleqtion logo
InfleqtionINFQ

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:WeightedAverageNumberOfDilutedSharesOutstanding.

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)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income tax benefit (provision), net(8)28,444
Net loss$(48,028)$(167,329)$(66,385)$(172,750)
Net loss per share, basic and diluted$(0.13)$(0.55)$(0.18)$(0.59)
Weighted-average shares used in computing net loss per share, basic and diluted370,840,115302,288,793369,165,968294,398,419
Comprehensive loss:
Net loss$(48,028)$(167,329)$(66,385)$(172,750)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment1407871581,285

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

FAQ

What is D-Wave Quantum's shares (diluted)?
D-Wave Quantum (QBTS) reported shares (diluted) of 370.8M in Q2 2026.
How has D-Wave Quantum's shares (diluted) changed year-over-year?
D-Wave Quantum's shares (diluted) increased by 22.7% year-over-year, from 302.3M to 370.8M.
What is the long-term trend for D-Wave Quantum's shares (diluted)?
Over 3 years (2022 to 2025), D-Wave Quantum's shares (diluted) has grown at a 37.0% compound annual growth rate (CAGR), from 486.8M to 1.3B.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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