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 (QBTS) has 6 years of Cash from Operations data on file, last reported 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.
  • The five-year high for Cash from Operations was 2017000.0 in Q4 2024, with the low at 44960000.0 in Q1 2026.
  • Average Cash from Operations over 5 years is 15610882.35, with a median of 14700000.0 recorded in 2023.
  • Year-over-year, Cash from Operations soared 113.72% in 2024 and tumbled 1010.86% in 2025.
  • D-Wave Quantum's Cash from Operations stood at 10900000.0 in 2022, then plunged by 34.86% to 14700000.0 in 2023, then soared by 113.72% to 2017000.0 in 2024, then plunged by 1010.86% to 18372000.0 in 2025, then tumbled by 144.72% to 44960000.0 in 2026.
  • Business Quant data shows QBTS's Cash from Operations at 44960000.0 in Q1 2026, 18372000.0 in Q4 2025, and 19045000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Ops. (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 3.04 Bn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 4.08 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 1.69 Bn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 1.12 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 1.11 Bn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 180.16 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 926.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn -6.62 Bn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 202.79 Mn
10 D-Wave Quantum 8.64 Bn 8.64 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