NYSE · Computer Hardware

D-Wave Quantum Inc. (QBTS) Stock

$14.60 -4.07% NYSE: QBTS Technology

Valuation

MetricValue
Price$14.60
Market Cap$5.36B
P/E Ratio-22.21
P/B Ratio5.40
P/S Ratio466.14
EPS (TTM)$-1.11
52-Week High$46.75
52-Week Low$12.75
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE-26.67%
ROA-21.47%
ROCE-15.08%
Gross Margin-400.00%
Operating Margin-400.00%
Net Margin-29.57%
Debt/Equity0.01
Current Ratio42.67

Annual Financials (USD)

Metric20212022202320242025
Revenue$6.0M$7.0M$9.0M$9.0M$25.0M
Operating Profit$-39.0M$-59.0M$-81.0M$-77.0M$-100.0M
Net Profit$-41.0M$-54.0M$-83.0M$-144.0M$-355.0M
EPS$-0.33$-0.45$-0.60$-0.75$-1.11
Op Margin-620.3%-828.9%-919.7%-874.9%-408.2%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$29.0M$27.0M$59.0M$200.0M$916.0M
Total Liabilities$48.0M$56.0M$84.0M$137.0M$64.0M
Cash$9.0M$7.0M$41.0M$178.0M$635.0M
Borrowings$39.0M$42.0M$73.0M$38.0M$43.0M

Latest News

D-Wave Quantum (QBTS) Could Be 56% Undervalued On A More Bullish Analyst View Simply Wall St. · Jul 22, 2026 2 Quantum Stocks With 100%+ Upside After the Quantinuum-SoftBank Deal Zacks · Jul 22, 2026 IonQ vs. Quantinuum vs. Infleqtion vs. Rigetti vs. D-Wave: Which Is the Best Quantum Computing Stock to Bet On? Motley Fool · Jul 22, 2026 Can IONQ's Profitability and Execution Challenges Weigh on Growth? Zacks · Jul 22, 2026 Connecticut Innovations Generates Record $66.5 Million in Proceeds in FY2026 PR Newswire · Jul 22, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-35.0M$-45.0M$-61.0M$-43.0M$-72.0M
Investing Cash Flow$-4.0M$-1.0M$-1.0M$-5.0M$-255.0M
Financing Cash Flow$25.0M$5.0M$5.0M$-1.0M$-11.0M
Net Cash Flow$-12.0M$-2.0M$34.0M$137.0M$457.0M
Free Cash Flow$-37.0M$-46.0M$-61.0M$-45.0M$-76.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-1.53
EV / EBITDA-21.24
FCF Yield-2.06%
Quick Ratio20.42
Interest Coverage-17.73
Return 1Y8.44%
Return 3Y1329.31%
Return 5Y75.69%

Ownership

Insiders Held2.17%
Institutions Held49.29%
Institutions Float Held50.38%
Institutional HolderSharesReport Date
Blackrock Inc.30,153,9282026-03-31
Vanguard Portfolio Management LLC20,793,1312026-03-31
Vanguard Capital Management LLC15,851,5252026-03-31
UBS Group AG9,869,5752026-03-31
Geode Capital Management, LLC9,039,7442026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ARQQArqit Quantum Inc. $18.43 -18.27% -7.74 $320.73M 0.00%
INFQInfleqtion, Inc. $11.16 -4.12% -7.78 $2.44B 0.00%
IONQIonQ, Inc. $39.45 -4.57% -10.02 $14.73B 0.00%
IQMXIQM Quantum Computers Oyj $10.17 -2.68% -3.75 $2.15B 0.00%
PSQLPasqal Holding SA $7.18 -1.10% -36.30 $1.90B 0.00%

About D-Wave Quantum Inc.

D-Wave Quantum Inc. (QBTS) stock trades at $14.60 with a market capitalization of $5.36B. The stock is valued at a price-to-earnings (P/E) ratio of -22.21, price-to-book of 5.40, price-to-sales of 466.14. Over the past 52 weeks the stock has ranged between $12.75 and $46.75, and currently trades 68.8% below its 52-week high.

On profitability, D-Wave Quantum Inc. generates a return on equity (ROE) of -26.67%, return on capital employed of -15.08%, an operating margin of -400.00%, a net profit margin of -29.57%.

Related Technology Stocks

NVDA NVIDIA Corporation $231.17 +0.30% AAPL Apple Inc. $333.27 -2.10% MSFT Microsoft Corporation $527.93 +1.02% TSM Taiwan Semiconductor Manufacturing Company Ltd. $454.70 -0.72% AVGO Broadcom Inc. $364.61 +1.24% MU Micron Technology, Inc. $1036.91 +0.10% AMD Advanced Micro Devices, Inc. $616.66 -0.65% ASML ASML Holding N.V. - New York Registry Shares $1803.23 +1.89% INTC Intel Corporation $105.35 -1.62% PLTR Palantir Technologies Inc. $198.61 -0.09% CSCO Cisco Systems, Inc. $115.48 +0.51% ORCL Oracle Corporation $140.56 +3.97%

Popular Stocks

Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Eli Lilly (LLY)JPMorgan (JPM)Visa (V)Exxon Mobil (XOM)Walmart (WMT)UnitedHealth (UNH)

Screens featuring this stock

High ROE Technology StocksLow P/E Technology StocksHigh Net Margin Technology StocksDividend Technology StocksLow Debt Technology StocksNYSE High ROE StocksAll stock screens
Run Stock Screener Investing Guides