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

D-Wave Quantum (QBTS) posted Cash from Operations of 44960000.0 for Q1 2026, down 144.72% sequentially from 18372000.0 in Q4 2025, and down 133.21% YoY from 135392664.79 in Q1 2025.

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

D-Wave Quantum has reported Cash from Operations for 6 years, with the latest figure at 44960000.0 in Q1 2026.

  • Quarterly Cash from Operations fell 133.21% year-over-year to 44960000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 97663000.0 (down 96.1% YoY) and the FY2025 annual result came in at 71982000.0, down 68.8% from the prior year.
  • Cash from Operations eased to 44960000.0 in Q1 2026 per QBTS's latest filing, from 18372000.0 in the prior quarter.
  • Over five years, Cash from Operations peaked at 2017000.0 in Q4 2024 and troughed at 44960000.0 in Q1 2026.
  • A 5-year average of 15610882.35 and a median of 14700000.0 in 2023 frame the typical range for Cash from Operations.
  • The sharpest annual moves came in 2024 and 2025: Cash from Operations jumped 113.72% in 2024, then sank 1010.86% in 2025.
  • Over 5 years, Cash from Operations stood at 10900000.0 in 2022, then tumbled by 34.86% to 14700000.0 in 2023, then surged 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.
  • According to Business Quant data, Cash from Operations over the past three periods registered 44960000.0, 18372000.0, and 19045000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 4.08 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 1.69 Bn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 3.04 Bn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 1.11 Bn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 1.12 Bn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 180.16 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 926.00 Mn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn -6.62 Bn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 166.71 Mn
10 D-Wave Quantum 7.35 Bn 7.35 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