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 (QBTS) has 7 years of Cash & Equivalents data on file, last reported 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.
- The five-year high for Cash & Equivalents was $836.2 million in Q3 2025, with the low at $10.5 million in Q2 2022.
- Average Cash & Equivalents over 5 years is $353.0 million, with a median of $304.3 million recorded in 2025.
- Year-over-year, Cash & Equivalents jumped 330.87% in 2024 and grew 11.13% in 2026.
- 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 slumped by 46.77% to $338.2 million in 2026.
- Business Quant data shows QBTS's Cash & Equivalents at $338.2 million in Q1 2026, $635.3 million in Q4 2025, and $836.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 3.74 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 11.58 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 2.79 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 2.05 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 1.15 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 648.42 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 3.70 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 1.29 Bn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 1.74 Bn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 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 |