QBTS
D-Wave Quantum Inc.
NYSE: QBTS · TECHNOLOGY · COMPUTER HARDWARE
$18.27
+0.88% today
Updated 2026-04-29
Market cap
$6.77B
P/E ratio
—
P/S ratio
275.25x
EPS (TTM)
$-1.11
Dividend yield
—
52W range
$7 – $47
Volume
26.5M
D-Wave Quantum Inc. (QBTS) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | $-29.29M | $-34.80M | $-45.23M | $-60.65M | $-42.64M | $-71.98M |
| Capital expenditures | $789000.00 | $2.00M | $498000.00 | $630000.00 | $2.11M | $3.86M |
| Depreciation | $2.73M | $2.60M | $2.33M | $1.84M | $1.93M | — |
| Stock-based comp | $2.99M | $1.74M | $9.16M | $21.92M | $15.66M | $22.66M |
| Free cash flow | $-30.08M | $-36.80M | $-45.72M | $-61.28M | $-44.75M | $-75.84M |
| Investing cash flow | $-789000.00 | $-2.00M | $-498000.00 | $-630000.00 | $-3.14M | — |
| Financing cash flow | $43.14M | $24.91M | $43.27M | $95.64M | $182.45M | — |
| Dividends paid | $0.00 | $0.00 | $0.00 | $491000.00 | — | — |
| Share repurchases | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — |
| Net change in cash | — | — | $-2.46M | — | — | — |