D-Wave Quantum (QBTS) Cash & Equivalents (2020 - 2026)

D-Wave Quantum's (QBTS) quarterly Cash & Equivalents came in at $338.2 million in Q1 2026, up 11.13% year-on-year from $304.3 million in Q1 2025, and down 46.77% quarter-over-quarter from $635.3 million in Q4 2025.

D-Wave Quantum (QBTS) Cash & Equivalents (2020 - 2026) Analysis & Trends

D-Wave Quantum has disclosed Cash & Equivalents across 7 years of filings, most recently posting $338.2 million for Q1 2026.

  • Cash & Equivalents for Q1 2026 came in at $338.2 million, up 11.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $338.2 million (up 11.13% YoY), and the FY2025 annual result was $635.3 million, up 256.98% from the prior year.
  • Cash & Equivalents came in at $338.2 million for Q1 2026 at D-Wave Quantum, down from $635.3 million in the prior quarter.
  • In the past five years, Cash & Equivalents ranged from a high of $836.2 million in Q3 2025 to a low of $10.5 million in Q2 2022.
  • The 5-year median for Cash & Equivalents is $304.3 million (2025), against an average of $353.0 million.
  • Across the five-year window, Cash & Equivalents soared 330.87% in 2024 and rose 11.13% in 2026, its largest moves.
  • D-Wave Quantum's Cash & Equivalents stood at $13.8 million in 2022, then jumped by 200.11% to $41.3 million in 2023, then surged by 330.87% to $178.0 million in 2024, then soared by 256.98% to $635.3 million in 2025, then sank by 46.77% to $338.2 million in 2026.
  • The last three Cash & Equivalents figures came in at $338.2 million (Q1 2026), $635.3 million (Q4 2025), and $836.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 11.53 Bn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 3.74 Bn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 2.79 Bn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 1.15 Bn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 2.05 Bn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 1.29 Bn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 316.85 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 3.70 Bn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 493.54 Mn
10 D-Wave Quantum 8.82 Bn 8.82 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