D-Wave Quantum (QBTS) Capital Expenditures (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Capital Expenditures came in at $2.3 million in Q2 2026, up 202.14% year-over-year from $749000.0 in Q2 2025, and down 30.54% quarter-over-quarter from $3.3 million in Q1 2026.
Analysis
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 $2.3 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 202.14% year-over-year to $2.3 million; the TTM figure through Jun 2026 stood at $8.2 million (up 235.49% YoY), while the FY2025 annual figure was $3.9 million, up 83.38% from the prior year.
- Capital Expenditures came in at $2.3 million for Q2 2026 at D-Wave Quantum, down from $3.3 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $3.3 million in Q1 2026 to a low of $15000.0 in Q2 2023.
- Average Capital Expenditures over 5 years is $694166.7, with a median of $372000.0 recorded in 2024.
- Year-over-year, Capital Expenditures tumbled 82.55% in 2022 and surged 3533.33% in 2024.
- Over 5 years, Capital Expenditures stood at $174000.0 in 2022, then surged by 154.02% to $442000.0 in 2023, then jumped by 114.93% to $950000.0 in 2024, then jumped by 74.63% to $1.7 million in 2025, then jumped by 36.41% to $2.3 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $2.3 million in Q2 2026, $3.3 million in Q1 2026, and $1.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | 10.21 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | 2.26 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | 11.99 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | 2.67 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | - |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | -21,157.85 |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | -17,555.52 |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | 5.58 Mn |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | -448,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.26 Mn |
| Mar 31, 2026 | 3.26 Mn |
| Dec 31, 2025 | 1.66 Mn |
| Sep 30, 2025 | 1.02 Mn |
| Jun 30, 2025 | 749,000.00 |
| Mar 31, 2025 | 438,000.00 |
| Dec 31, 2024 | 950,000.00 |
| Sep 30, 2024 | 306,000.00 |
| Jun 30, 2024 | 545,000.00 |
| Mar 31, 2024 | 305,000.00 |
| Dec 31, 2023 | 442,000.00 |
| Sep 30, 2023 | 62,000.00 |
| Jun 30, 2023 | 15,000.00 |
| Mar 31, 2023 | 64,000.00 |
| Dec 31, 2022 | 174,000.00 |
| Sep 30, 2022 | 74,000.00 |
| Jun 30, 2022 | 52,000.00 |
| Mar 31, 2022 | 123,000.00 |
| Dec 31, 2021 | 281,000.00 |
| Sep 30, 2021 | 424,000.00 |