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

D-Wave Quantum's (QBTS) quarterly Capital Expenditures came in at $1.1 million in Q1 2026, up 146.8% year-on-year from $438000.0 in Q1 2025, and down 34.84% quarter-over-quarter from $1.7 million in Q4 2025.

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

D-Wave Quantum has disclosed Capital Expenditures across 6 years of filings, most recently posting $1.1 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $1.1 million, up 146.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.5 million (up 603.91% YoY), and the FY2025 annual result was $3.9 million, up 1236.33% from the prior year.
  • Capital Expenditures came in at $1.1 million for Q1 2026 at D-Wave Quantum, down from $1.7 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.7 million in Q4 2025 to a low of -$867000.0 in Q4 2024.
  • The 5-year median for Capital Expenditures is $126000.0 (2024), against an average of $346470.6.
  • Across the five-year window, Capital Expenditures soared 6750.0% in 2023 and tumbled 258.21% in 2024, its largest moves.
  • D-Wave Quantum's Capital Expenditures stood at $8000.0 in 2022, then jumped by 6750.0% to $548000.0 in 2023, then sank by 258.21% to -$867000.0 in 2024, then jumped by 291.35% to $1.7 million in 2025, then tumbled by 34.84% to $1.1 million in 2026.
  • The last three Capital Expenditures figures came in at $1.1 million (Q1 2026), $1.7 million (Q4 2025), and $1.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 721.00 Mn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 45.00 Mn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 54.50 Mn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn -219.00 Mn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 145.00 Mn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn -
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn -356,000.00
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 170.00 Mn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 8.37 Mn
10 D-Wave Quantum 8.82 Bn 8.82 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