D-Wave Quantum (QBTS) Change in Intangibles (2021 - 2026)
D-Wave Quantum (QBTS) reported Change in Intangibles of $200,000 for Q2 2026, up 189.9% from $69,000 a year earlier and up 22.7% from the prior quarter.
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Analysis
D-Wave Quantum (QBTS) Change in Intangibles (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, D-Wave Quantum's Change in Intangibles came in at $679,000, up 231.2% year-over-year; for FY2025, it came in at $445,000, up 54.0% from FY2024.
- Change in Intangibles has a five-year compound annual growth rate of 53.0% (FY2020 to FY2025).
- By year, Change in Intangibles came in at $289,000 in FY2024 (+514.9%), $47,000 in FY2023 (-37.3%), $75,000 in FY2022 (-66.7%) and $225,000 in FY2021 (+324.5%).
- The Q2 2026 figure ranks as the highest quarterly Change in Intangibles in data going back to Q3 2021.
- Year over year, Change in Intangibles has now increased in each of the last four quarters, with growth averaging 177.5% over the last eight quarters.
- The high point for year-over-year Change in Intangibles in five years was Q4 2025 (growth of 838.5%); the low point was Q2 2025 (a decline of 45.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $163,000 (Q1 2026), $122,000 (Q4 2025) and $194,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | 26.52 Mn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | - |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | - |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 27.28 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | 6.00 Mn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | - |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | - |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | - |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | 200,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 200,000.00 |
| Mar 31, 2026 | 163,000.00 |
| Dec 31, 2025 | 122,000.00 |
| Sep 30, 2025 | 194,000.00 |
| Jun 30, 2025 | 69,000.00 |
| Mar 31, 2025 | 60,000.00 |
| Dec 31, 2024 | 13,000.00 |
| Sep 30, 2024 | 63,000.00 |
| Jun 30, 2024 | 126,000.00 |
| Mar 31, 2024 | 87,000.00 |
| Dec 31, 2023 | 12,000.00 |
| Sep 30, 2023 | 35,000.00 |
| Jun 30, 2023 | -12,000.00 |
| Mar 31, 2023 | 12,000.00 |
| Dec 31, 2022 | 8,000.00 |
| Sep 30, 2022 | 24,000.00 |
| Jun 30, 2022 | 22,000.00 |
| Mar 31, 2022 | 21,000.00 |
| Dec 31, 2021 | 11,000.00 |
| Sep 30, 2021 | 18,000.00 |
API Access
D-Wave Quantum Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "QBTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();