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| Date | Value |
|---|---|
| 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 |