D-Wave Quantum (QBTS) Cash & Equivalents (2020 - 2026)
D-Wave Quantum (QBTS) posted Cash & Equivalents of $338.2 million for Q1 2026, down 46.77% sequentially from $635.3 million in Q4 2025, and up 11.13% YoY from $304.3 million in Q1 2025.
D-Wave Quantum (QBTS) Cash & Equivalents (2020 - 2026) Analysis & Trends
D-Wave Quantum has reported Cash & Equivalents for 7 years, with the latest figure at $338.2 million in Q1 2026.
- Quarterly Cash & Equivalents rose 11.13% year-over-year to $338.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $338.2 million (up 11.13% YoY) and the FY2025 annual result came in at $635.3 million, up 256.98% from the prior year.
- Cash & Equivalents fell to $338.2 million in Q1 2026 per QBTS's latest filing, from $635.3 million in the prior quarter.
- Over five years, Cash & Equivalents peaked at $836.2 million in Q3 2025 and troughed at $10.5 million in Q2 2022.
- A 5-year average of $353.0 million and a median of $304.3 million in 2025 frame the typical range for Cash & Equivalents.
- The sharpest annual moves came in 2024 and 2026: Cash & Equivalents surged 330.87% in 2024, then advanced 11.13% in 2026.
- Over 5 years, Cash & Equivalents stood at $13.8 million in 2022, then soared by 200.11% to $41.3 million in 2023, then jumped by 330.87% to $178.0 million in 2024, then surged by 256.98% to $635.3 million in 2025, then sank by 46.77% to $338.2 million in 2026.
- According to Business Quant data, Cash & Equivalents over the past three periods registered $338.2 million, $635.3 million, and $836.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 11.58 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 2.79 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 3.74 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 1.15 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 2.05 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 837.79 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 3.70 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 1.29 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 1.75 Bn |
| 10 | D-Wave Quantum | 7.35 Bn | 7.35 Bn | 1.82 Mn | 338.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 338.20 Mn |
| Dec 31, 2025 | 635.35 Mn |
| Sep 30, 2025 | 836.23 Mn |
| Jun 30, 2025 | 819.31 Mn |
| Mar 31, 2025 | 304.32 Mn |
| Dec 31, 2024 | 177.98 Mn |
| Dec 31, 2023 | 41.31 Mn |
| Sep 30, 2022 | 13.76 Mn |
| Jun 30, 2022 | 10.50 Mn |
| Dec 31, 2021 | 9.48 Mn |
| Sep 30, 2021 | 8.05 Mn |
| Dec 31, 2020 | 21.34 Mn |