D-Wave Quantum (QBTS) Change in Receivables (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Change in Receivables came in at -$6.9 million in Q2 2026, down 1751.8% year-over-year from $417000.0 in Q2 2025, and down 194.1% quarter-over-quarter from $7.3 million in Q1 2026.
Analysis
D-Wave Quantum (QBTS) Change in Receivables (2021 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Change in Receivables across 6 years of filings, most recently posting -$6.9 million for Q2 2026.
- In Q2 2026, Change in Receivables fell 1751.8% year-over-year to -$6.9 million; the TTM figure through Jun 2026 stood at $579000.0 (up 915.49% YoY), while the FY2025 annual figure was $204000.0, up 248.91% from the prior year.
- Change in Receivables came in at -$6.9 million for Q2 2026 at D-Wave Quantum, down from $7.3 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $7.3 million in Q1 2026 to a low of -$6.9 million in Q2 2026.
- Average Change in Receivables over 5 years is $91888.9, with a median of -$31000.0 recorded in 2023.
- Year-over-year, Change in Receivables tumbled 2133.33% in 2025 and jumped 2133.33% in 2026.
- Over 5 years, Change in Receivables stood at $338000.0 in 2022, then surged by 144.08% to $825000.0 in 2023, then slumped by 101.82% to -$15000.0 in 2024, then plunged by 2133.33% to -$335000.0 in 2025, then tumbled by 1956.12% to -$6.9 million in 2026.
- Per Business Quant data, the three most recent Change in Receivables figures were -$6.9 million in Q2 2026, $7.3 million in Q1 2026, and -$335000.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | 5.30 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | -6.89 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | -511,000.00 |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | -57,000.00 |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | -1.43 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | - |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | 13,256.28 |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | - |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | 113,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.89 Mn |
| Mar 31, 2026 | 7.32 Mn |
| Dec 31, 2025 | -335,000.00 |
| Sep 30, 2025 | 482,000.00 |
| Jun 30, 2025 | 417,000.00 |
| Mar 31, 2025 | -360,000.00 |
| Dec 31, 2024 | -15,000.00 |
| Sep 30, 2024 | -113,000.00 |
| Jun 30, 2024 | -51,000.00 |
| Mar 31, 2024 | 42,000.00 |
| Dec 31, 2023 | 825,000.00 |
| Sep 30, 2023 | -47,000.00 |
| Jun 30, 2023 | 255,000.00 |
| Mar 31, 2023 | -215,000.00 |
| Dec 31, 2022 | 338,000.00 |
| Sep 30, 2022 | -267,000.00 |
| Jun 30, 2022 | -55,000.00 |
| Mar 31, 2022 | 321,000.00 |
| Dec 31, 2021 | -497,000.00 |
| Sep 30, 2021 | 208,000.00 |