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) Common Equity (2020 - 2026)

D-Wave Quantum's (QBTS) quarterly Common Equity came in at $1.1 billion in Q2 2026, up 56.01% year-over-year from $694.3 million in Q2 2025, and down 3.66% quarter-over-quarter from $1.1 billion in Q1 2026.

Analysis

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

D-Wave Quantum has disclosed Common Equity across 7 years of filings, most recently posting $1.1 billion for Q2 2026.

  • In Q2 2026, Common Equity rose 56.01% year-over-year to $1.1 billion; the TTM figure through Jun 2026 stood at $1.1 billion (up 56.01% YoY), while the FY2025 annual figure was $852.2 million, up 1260.39% from the prior year.
  • Common Equity came in at $1.1 billion for Q2 2026 at D-Wave Quantum, down from $1.1 billion in the prior quarter.
  • In the past five years, Common Equity ranged from a high of $1.1 billion in Q1 2026 to a low of -$40.8 million in Q2 2022.
  • Average Common Equity over 5 years is $322.6 million, with a median of $23.8 million recorded in 2023.
  • Year-over-year, Common Equity slumped 339.04% in 2022 and jumped 4064.26% in 2025.
  • Over 5 years, Common Equity stood at -$29.5 million in 2022, then grew 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 rose by 27.09% to $1.1 billion in 2026.
  • Per Business Quant data, the three most recent Common Equity figures were $1.1 billion in Q2 2026, $1.1 billion in Q1 2026, and $852.2 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 IonQ 9.47 Bn 7.36 Bn 19.94 Mn 3.34 Bn
2 D-Wave Quantum 6.07 Bn 6.07 Bn 1.70 Mn 1.08 Bn
3 Rigetti Computing 5.03 Bn 5.03 Bn 2.19 Mn 537.43 Mn
4 Quantum Computing 1.75 Bn 1.75 Bn -1.17 Mn 1.59 Bn
5 Infleqtion 1.32 Bn 839.31 Mn 2.17 Mn 574.38 Mn
6 BTQ Technologies 359.38 Mn 359.38 Mn - 12.97 Mn
7 Quantum eMotion 339.79 Mn 339.79 Mn - 27.58 Mn
8 Arqit Quantum 251.50 Mn 251.50 Mn - 28.51 Mn
9 Horizon Quantum Holdings 13.39 -113.25 Mn - 43,675.53 Bn
10 Xanadu Quantum Technologies 7.78 -312.78 Mn 1.38 Mn 313.08 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.08 Bn
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 675.00 Mn
Mar 31, 2023 675.00 Mn
Dec 31, 2022 -29.46 Mn
Sep 30, 2022 -22.83 Mn
Jun 30, 2022 -40.76 Mn
Mar 31, 2022 -29.45 Mn
Dec 31, 2021 -18.36 Mn
Sep 30, 2021 13.10 Mn