D-Wave Quantum (QBTS) Common Equity (2020 - 2026)

D-Wave Quantum (QBTS) posted Common Equity of $1.1 billion for Q1 2026, up 31.92% sequentially from $852.2 million in Q4 2025, and up 442.1% YoY from $207.4 million in Q1 2025.

D-Wave Quantum (QBTS) Common Equity (2020 - 2026) Analysis & Trends

D-Wave Quantum (QBTS) has 7 years of Common Equity data on file, last reported at $1.1 billion in Q1 2026.

  • Quarterly Common Equity rose 442.1% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 442.1% YoY) and the FY2025 annual result came in at $852.2 million, up 1260.39% from the prior year.
  • Common Equity advanced to $1.1 billion in Q1 2026 per QBTS's latest filing, from $852.2 million in the prior quarter.
  • The five-year high for Common Equity was $1.1 billion in Q1 2026, with the low at -$51.5 million in Q2 2023.
  • Average Common Equity over 5 years is $193.6 million, with a median of -$21.5 million recorded in 2024.
  • Year-over-year, Common Equity sank 339.04% in 2022 and jumped 4064.26% in 2025.
  • D-Wave Quantum's Common Equity stood at -$29.5 million in 2022, then gained by 16.91% to -$24.5 million in 2023, then soared by 355.9% to $62.6 million in 2024, then jumped by 1260.39% to $852.2 million in 2025, then jumped by 31.92% to $1.1 billion in 2026.
  • Business Quant data shows QBTS's Common Equity at $1.1 billion in Q1 2026, $852.2 million in Q4 2025, and $670.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 13.78 Bn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn -1.40 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 13.49 Bn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 9.68 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 1.10 Bn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 1.44 Bn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn -144.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 7.58 Bn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 2.21 Bn
10 D-Wave Quantum 8.64 Bn 8.64 Bn 1.82 Mn 1.12 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.12 Bn
Dec 31, 2025 852.23 Mn
Sep 30, 2025 670.55 Mn
Jun 30, 2025 694.25 Mn
Mar 31, 2025 207.39 Mn
Dec 31, 2024 62.65 Mn
Sep 30, 2024 -16.92 Mn
Jun 30, 2024 -21.51 Mn
Mar 31, 2024 -36.96 Mn
Dec 31, 2023 -24.48 Mn
Sep 30, 2023 -15.12 Mn
Jun 30, 2023 -51.53 Mn
Mar 31, 2023 -30.66 Mn
Dec 31, 2022 -29.46 Mn
Sep 30, 2022 -22.83 Mn
Jun 30, 2022 -40.76 Mn
Mar 31, 2022 -29.19 Mn
Dec 31, 2021 -18.36 Mn
Sep 30, 2021 13.10 Mn
Jun 30, 2021 17.05 Mn