D-Wave Quantum QBTS
NASDAQ QBTS
$16.42 -0.41 (-2.44%)
As of: Sep 15, 2026 · 3:59 PM EDT

D-Wave Quantum (QBTS) Change in Cash (2021 - 2026)

D-Wave Quantum's (QBTS) quarterly Change in Cash came in at -$41.6 million in Q2 2026, down 108.07% year-over-year from $515.0 million in Q2 2025, and up 86.02% quarter-over-quarter from -$297.2 million in Q1 2026.

Analysis

D-Wave Quantum (QBTS) Change in Cash (2021 - 2026) Analysis & Trends

D-Wave Quantum has disclosed Change in Cash across 6 years of filings, most recently posting -$41.6 million for Q2 2026.

  • In Q2 2026, Change in Cash fell 108.07% year-over-year to -$41.6 million; the TTM figure through Jun 2026 stood at -$522.7 million (down 167.14% YoY), while the FY2025 annual figure was $457.4 million, up 234.64% from the prior year.
  • Change in Cash came in at -$41.6 million for Q2 2026 at D-Wave Quantum, up from -$297.2 million in the prior quarter.
  • In the past five years, Change in Cash ranged from a high of $515.0 million in Q2 2025 to a low of -$297.2 million in Q1 2026.
  • Average Change in Cash over 5 years is $16.0 million, with a median of $224500.0 recorded in 2023.
  • Year-over-year, Change in Cash plunged 828.19% in 2024 and surged 3698.71% in 2025.
  • Over 5 years, Change in Cash stood at -$6.7 million in 2022, then tumbled by 79.28% to -$12.0 million in 2023, then jumped by 1338.18% to $148.7 million in 2024, then sank by 235.09% to -$200.9 million in 2025, then jumped by 79.31% to -$41.6 million in 2026.
  • Per Business Quant data, the three most recent Change in Cash figures were -$41.6 million in Q2 2026, -$297.2 million in Q1 2026, and -$200.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Cash (Qtr)
1 IonQ 9.47 Bn 7.36 Bn 19.94 Mn 741.94 Mn
2 D-Wave Quantum 6.07 Bn 6.07 Bn 1.70 Mn -41.56 Mn
3 Rigetti Computing 5.03 Bn 5.03 Bn 2.19 Mn -20.38 Mn
4 Quantum Computing 1.75 Bn 1.75 Bn -1.17 Mn -68.56 Mn
5 Infleqtion 1.32 Bn 839.31 Mn 2.17 Mn -24.46 Mn
6 BTQ Technologies 359.38 Mn 359.38 Mn - -1.74 Mn
7 Quantum eMotion 339.79 Mn 339.79 Mn - 50,757.31
8 Arqit Quantum 251.50 Mn 251.50 Mn - -
9 Horizon Quantum Holdings 13.39 -113.25 Mn - 16.65 Mn
10 Xanadu Quantum Technologies 7.78 -312.78 Mn 1.38 Mn 312.78 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -41.56 Mn
Mar 31, 2026 -297.15 Mn
Dec 31, 2025 -200.88 Mn
Sep 30, 2025 16.92 Mn
Jun 30, 2025 514.99 Mn
Mar 31, 2025 126.34 Mn
Dec 31, 2024 148.71 Mn
Sep 30, 2024 -11.59 Mn
Jun 30, 2024 13.56 Mn
Mar 31, 2024 -14.00 Mn
Dec 31, 2023 -12.01 Mn
Sep 30, 2023 45.80 Mn
Jun 30, 2023 -1.47 Mn
Mar 31, 2023 1.92 Mn
Dec 31, 2022 -6.70 Mn
Sep 30, 2022 3.30 Mn
Jun 30, 2022 -7.20 Mn
Mar 31, 2022 8.18 Mn
Dec 31, 2021 1.44 Mn
Sep 30, 2021 -5.15 Mn