D-Wave Quantum (QBTS) Depreciation and Depletion (2021 - 2026)
D-Wave Quantum's Depreciation and Depletion was $1 million in Q2 2026, up 233.3% from $300,000 a year earlier and up 25.0% from the prior quarter.
Powered by 
Analysis
D-Wave Quantum (QBTS) Depreciation and Depletion (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, D-Wave Quantum's Depreciation and Depletion was $2.5 million through Jun 30, 2026, up 127.3% year-over-year; for FY2025, it came in at $1.4 million, up 40.0% from FY2024.
- Depreciation and Depletion shows a five-year compound annual growth rate of -5.9% (FY2020 to FY2025).
- In earlier years, Depreciation and Depletion was $1 million in FY2024 (+11.1%), $900,000 in FY2023 (-30.8%), $1.3 million in FY2022 (-7.1%) and $1.4 million in FY2021 (-26.3%).
- The Q2 2026 figure marks the highest quarterly Depreciation and Depletion in data going back to Q2 2021.
- Compared with a year earlier, Depreciation and Depletion has increased for seven straight quarters, with growth averaging 79.2% over the last eight quarters.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q2 2026 (growth of 233.3%); the worst was Q2 2023 (a decline of 33.3%).
- Per Business Quant data, QBTS's Depreciation and Depletion in the three quarters before Q2 2026 was $800,000 (Q1 2026), $400,000 (Q4 2025) and $300,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | - |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | 31.50 Mn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | 26.40 Mn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | - |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | - |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | - |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | - |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | 993,000.00 |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | 1.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.00 Mn |
| Mar 31, 2026 | 800,000.00 |
| Dec 31, 2025 | 400,000.00 |
| Sep 30, 2025 | 300,000.00 |
| Jun 30, 2025 | 300,000.00 |
| Mar 31, 2025 | 300,000.00 |
| Dec 31, 2024 | 300,000.00 |
| Sep 30, 2024 | 200,000.00 |
| Jun 30, 2024 | 200,000.00 |
| Mar 31, 2024 | 200,000.00 |
| Dec 31, 2023 | 200,000.00 |
| Sep 30, 2023 | 200,000.00 |
| Jun 30, 2023 | 200,000.00 |
| Mar 31, 2023 | 300,000.00 |
| Dec 31, 2022 | 300,000.00 |
| Sep 30, 2022 | 300,000.00 |
| Jun 30, 2022 | 300,000.00 |
| Mar 31, 2022 | 300,000.00 |
| Dec 31, 2021 | 300,000.00 |
| Sep 30, 2021 | 393,000.00 |
API Access
D-Wave Quantum Depreciation and Depletion 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=depreciation-and-depletion&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();