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| Date | Value |
|---|---|
| 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 |