D-Wave Quantum (QBTS) Cash from Operations (2021 - 2026)

D-Wave Quantum's (QBTS) quarterly Cash from Operations came in at 44960000.0 in Q1 2026, down 133.21% year-on-year from 135392664.79 in Q1 2025, and down 144.72% quarter-over-quarter from 18372000.0 in Q4 2025.

D-Wave Quantum (QBTS) Cash from Operations (2021 - 2026) Analysis & Trends

D-Wave Quantum has disclosed Cash from Operations across 6 years of filings, most recently posting 44960000.0 for Q1 2026.

  • Cash from Operations for Q1 2026 came in at 44960000.0, down 133.21% year-over-year; the trailing twelve-month figure through Mar 2026 was 97663000.0 (down 96.1% YoY), and the FY2025 annual result was 71982000.0, down 68.8% from the prior year.
  • Cash from Operations came in at 44960000.0 for Q1 2026 at D-Wave Quantum, down from 18372000.0 in the prior quarter.
  • In the past five years, Cash from Operations ranged from a high of 2017000.0 in Q4 2024 to a low of 44960000.0 in Q1 2026.
  • The 5-year median for Cash from Operations is 14700000.0 (2023), against an average of 15610882.35.
  • Across the five-year window, Cash from Operations surged 113.72% in 2024 and sank 1010.86% in 2025, its largest moves.
  • D-Wave Quantum's Cash from Operations stood at 10900000.0 in 2022, then tumbled by 34.86% to 14700000.0 in 2023, then soared by 113.72% to 2017000.0 in 2024, then tumbled by 1010.86% to 18372000.0 in 2025, then slumped by 144.72% to 44960000.0 in 2026.
  • The last three Cash from Operations figures came in at 44960000.0 (Q1 2026), 18372000.0 (Q4 2025), and 19045000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 4.67 Bn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 3.04 Bn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 1.69 Bn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 1.11 Bn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 1.12 Bn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn -6.62 Bn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 268.00 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 926.00 Mn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -151.02 Mn
10 D-Wave Quantum 8.82 Bn 8.82 Bn 1.82 Mn -44.96 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -44.96 Mn
Mar 31, 2026 -44.96 Mn
Dec 31, 2025 -18.37 Mn
Dec 31, 2025 -18.37 Mn
Sep 30, 2025 -19.05 Mn
Sep 30, 2025 -19.05 Mn
Jun 30, 2025 -15.29 Mn
Jun 30, 2025 -15.29 Mn
Mar 31, 2025 -19.28 Mn
Mar 31, 2025 -19.28 Mn
Dec 31, 2024 2.02 Mn
Dec 31, 2024 2.02 Mn
Sep 30, 2024 -18.07 Mn
Sep 30, 2024 -18.07 Mn
Jun 30, 2024 -14.47 Mn
Jun 30, 2024 -14.47 Mn
Mar 31, 2024 -12.12 Mn
Mar 31, 2024 -12.12 Mn
Dec 31, 2023 -14.70 Mn
Dec 31, 2023 -14.70 Mn