D-Wave Quantum (QBTS) Current Assets (2020 - 2026)
D-Wave Quantum (QBTS) recorded Current Assets of $560.59 million in Q2 2026, down 32.3% from $828.54 million a year earlier and down 7.7% from the prior quarter.
D-Wave Quantum (QBTS) Current Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, D-Wave Quantum reported Current Assets of $896.23 million, up 384.3% from FY2024.
- Annual Current Assets has increased for three straight years, with a five-year compound annual growth rate of 97.8% (FY2020 to FY2025).
- Across earlier years, Current Assets came in at $185.04 million in FY2024 (+293.3%), $47.05 million in FY2023 (+237.9%), $13.93 million in FY2022 (-13.1%) and $16.02 million in FY2021 (-45.9%).
- The Q2 2026 figure is the lowest quarterly Current Assets since Q1 2025.
- On a year-over-year basis, Current Assets rose in four of the last six quarters, with growth averaging 254.0%.
- Peak year-over-year performance for Current Assets in the last five years was growth of 822.8% in Q1 2025, against a decline of 45.9% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $607.11 million (Q1 2026), $896.23 million (Q4 2025) and $848.14 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | 8.64 Bn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | 6.96 Bn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | 6.21 Bn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | 3.49 Bn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 6.01 Bn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | 3.09 Bn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | 5.03 Bn |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | 3.00 Bn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | 3.13 Bn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | 560.59 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 560.59 Mn |
| Mar 31, 2026 | 607.11 Mn |
| Dec 31, 2025 | 896.23 Mn |
| Sep 30, 2025 | 848.14 Mn |
| Jun 30, 2025 | 828.54 Mn |
| Mar 31, 2025 | 310.87 Mn |
| Dec 31, 2024 | 185.04 Mn |
| Sep 30, 2024 | 35.08 Mn |
| Jun 30, 2024 | 46.91 Mn |
| Mar 31, 2024 | 33.69 Mn |
| Dec 31, 2023 | 47.05 Mn |
| Sep 30, 2023 | 58.19 Mn |
| Jun 30, 2023 | 12.84 Mn |
| Mar 31, 2023 | 14.91 Mn |
| Dec 31, 2022 | 13.93 Mn |
| Sep 30, 2022 | 21.44 Mn |
| Jun 30, 2022 | 23.18 Mn |
| Dec 31, 2021 | 16.02 Mn |
| Dec 31, 2020 | 29.62 Mn |
D-Wave Quantum Current Assets 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=current-assets&ticker=QBTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "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=current-assets&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();