D-Wave Quantum (QBTS) Capital Expenditures (2021 - 2026)

D-Wave Quantum (QBTS) posted Capital Expenditures of $1.1 million for Q1 2026, down 34.84% sequentially from $1.7 million in Q4 2025, and up 146.8% YoY from $438000.0 in Q1 2025.

D-Wave Quantum (QBTS) Capital Expenditures (2021 - 2026) Analysis & Trends

D-Wave Quantum (QBTS) has 6 years of Capital Expenditures data on file, last reported at $1.1 million in Q1 2026.

  • Quarterly Capital Expenditures rose 146.8% year-over-year to $1.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.5 million (up 603.91% YoY) and the FY2025 annual result came in at $3.9 million, up 1236.33% from the prior year.
  • Capital Expenditures eased to $1.1 million in Q1 2026 per QBTS's latest filing, from $1.7 million in the prior quarter.
  • The five-year high for Capital Expenditures was $1.7 million in Q4 2025, with the low at -$867000.0 in Q4 2024.
  • Average Capital Expenditures over 5 years is $346470.6, with a median of $126000.0 recorded in 2024.
  • Year-over-year, Capital Expenditures jumped 6750.0% in 2023 and sank 258.21% in 2024.
  • D-Wave Quantum's Capital Expenditures stood at $8000.0 in 2022, then jumped by 6750.0% to $548000.0 in 2023, then slumped by 258.21% to -$867000.0 in 2024, then jumped by 291.35% to $1.7 million in 2025, then plunged by 34.84% to $1.1 million in 2026.
  • Business Quant data shows QBTS's Capital Expenditures at $1.1 million in Q1 2026, $1.7 million in Q4 2025, and $1.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 45.00 Mn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 963.00 Mn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 54.50 Mn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 145.00 Mn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn -219.00 Mn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 23.07 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 170.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn -
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 4.23 Mn
10 D-Wave Quantum 8.64 Bn 8.64 Bn 1.82 Mn 1.08 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.08 Mn
Mar 31, 2026 1.08 Mn
Dec 31, 2025 1.66 Mn
Dec 31, 2025 1.66 Mn
Sep 30, 2025 1.02 Mn
Sep 30, 2025 1.02 Mn
Jun 30, 2025 749,000.00
Jun 30, 2025 749,000.00
Mar 31, 2025 438,000.00
Mar 31, 2025 438,000.00
Dec 31, 2024 -867,000.00
Dec 31, 2024 -867,000.00
Sep 30, 2024 943,000.00
Sep 30, 2024 943,000.00
Jun 30, 2024 126,000.00
Jun 30, 2024 126,000.00
Mar 31, 2024 87,000.00
Mar 31, 2024 87,000.00
Dec 31, 2023 548,000.00
Dec 31, 2023 548,000.00