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| 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 |