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
DateValue
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