D-Wave Quantum (QBTS) Debt to Equity (2020 - 2026)

D-Wave Quantum has disclosed Debt to Equity across 7 years of filings, most recently posting $0.03 for Q1 2026.

• Debt to Equity for Q1 2026 came in at $0.03, down 78.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.03 (down 78.64% YoY), and the FY2025 annual result was $0.04, down 91.33% from the prior year.
• Debt to Equity came in at $0.03 for Q1 2026 at D-Wave Quantum, down from $0.04 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $0.49 in Q4 2024 to a low of -$4.17 in Q3 2023.
• The 5-year median for Debt to Equity is -$0.89 (2023), against an average of -$1.12.
• Across the five-year window, Debt to Equity slumped 651.88% in 2023 and soared 118.54% in 2024, its largest moves.
• D-Wave Quantum's Debt to Equity stood at -$1.12 in 2022, then sank by 134.1% to -$2.62 in 2023, then jumped by 118.54% to $0.49 in 2024, then slumped by 91.33% to $0.04 in 2025, then declined by 25.03% to $0.03 in 2026.
• The last three Debt to Equity figures came in at $0.03 (Q1 2026), $0.04 (Q4 2025), and $0.05 (Q3 2025), per Business Quant data.