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

D-Wave Quantum (QBTS) posted Capital Expenditures of $1.1 million for Q1 2026, up 161.49% sequentially from -$1.8 million in Q4 2025, and up 465.97% YoY from $191000.0 in Q1 2025.

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

D-Wave Quantum has reported Capital Expenditures for 6 years, with the latest figure at $1.1 million in Q1 2026.

  • Quarterly Capital Expenditures rose 465.97% year-over-year to $1.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 million (up 344.51% YoY) and the FY2025 annual result came in at $445000.0, up 166.52% from the prior year.
  • Capital Expenditures grew to $1.1 million in Q1 2026 per QBTS's latest filing, from -$1.8 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $1.1 million in Q1 2026 and troughed at -$1.8 million in Q4 2025.
  • A 5-year average of $80187.5 and a median of $60000.0 in 2022 frame the typical range for Capital Expenditures.
  • The widest YoY moves for Capital Expenditures: up 2745.71% in 2025, down 2690.48% in 2025.
  • Over 5 years, Capital Expenditures stood at $356000.0 in 2022, then slumped by 99.16% to $3000.0 in 2023, then slumped by 2200.0% to -$63000.0 in 2024, then plunged by 2690.48% to -$1.8 million in 2025, then jumped by 161.49% to $1.1 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $1.1 million, -$1.8 million, and $1.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 963.00 Mn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 54.50 Mn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 45.00 Mn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn -219.00 Mn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 145.00 Mn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 23.07 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 170.00 Mn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn -
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 16.80 Mn
10 D-Wave Quantum 7.35 Bn 7.35 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 -1.76 Mn
Dec 31, 2025 -1.76 Mn
Sep 30, 2025 1.02 Mn
Sep 30, 2025 1.02 Mn
Jun 30, 2025 996,000.00
Jun 30, 2025 996,000.00
Mar 31, 2025 191,000.00
Mar 31, 2025 191,000.00
Dec 31, 2024 -63,000.00
Dec 31, 2024 -63,000.00
Sep 30, 2024 -709,000.00
Sep 30, 2024 -709,000.00
Jun 30, 2024 35,000.00
Jun 30, 2024 35,000.00
Mar 31, 2024 68,000.00
Mar 31, 2024 68,000.00
Dec 31, 2023 3,000.00
Dec 31, 2023 3,000.00