D-Wave Quantum QBTS
NASDAQ QBTS
$18.69 -1.70 (-8.34%)
As of: Aug 24, 2026 · 3:59 PM EDT

D-Wave Quantum (QBTS) Enterprise Value (2020 - 2026)

D-Wave Quantum (QBTS) posted Enterprise Value of -$588.4 million for Q1 2026, up 33.48% sequentially from -$884.5 million in Q4 2025, and down 93.35% YoY from -$8.8 billion in Q1 2025.

D-Wave Quantum (QBTS) Enterprise Value (2020 - 2026) Analysis & Trends

D-Wave Quantum has reported Enterprise Value for 7 years, with the latest figure at -$588.4 million in Q1 2026.

  • Quarterly Enterprise Value fell 93.35% year-over-year to -$588.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$588.4 million (down 93.35% YoY) and the FY2025 annual result came in at -$884.5 million, down 396.96% from the prior year.
  • Enterprise Value rose to -$588.4 million in Q1 2026 per QBTS's latest filing, from -$884.5 million in the prior quarter.
  • Over five years, Enterprise Value peaked at -$10.5 million in Q2 2022 and troughed at -$884.5 million in Q4 2025.
  • A 5-year average of -$408.5 million and a median of -$304.3 million in 2025 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2022 and 2025: Enterprise Value tumbled 71.54% in 2022, then tumbled 396.96% in 2025.
  • Over 5 years, Enterprise Value stood at -$13.8 million in 2022, then plunged by 199.33% to -$41.3 million in 2023, then sank by 330.87% to -$178.0 million in 2024, then sank by 396.96% to -$884.5 million in 2025, then soared by 33.48% to -$588.4 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$588.4 million, -$884.5 million, and -$836.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Dell Technologies 280.00 Bn 268.42 Bn 7.78 Bn -11.58 Bn
2 Arista Networks 236.48 Bn 223.14 Bn 1.91 Bn -13.34 Bn
3 Sandisk 219.05 Bn 214.29 Bn 7.58 Bn -4.76 Bn
4 Seagate Technology Holdings 173.77 Bn 172.06 Bn 1.90 Bn -1.70 Bn
5 Western Digital 148.61 Bn 145.37 Bn 1.68 Bn -3.24 Bn
6 Everpure 33.29 Bn 31.79 Bn 723.33 Mn -1.50 Bn
7 Hp 26.26 Bn 22.56 Bn 3.02 Bn -3.70 Bn
8 Super Micro Computer 21.11 Bn 19.82 Bn 1.02 Bn -1.29 Bn
9 Logitech International 13.96 Bn 12.21 Bn 607.94 Mn -1.75 Bn
10 D-Wave Quantum 6.93 Bn 6.93 Bn 1.70 Mn -546.22 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -546.22 Mn
Mar 31, 2026 -588.40 Mn
Dec 31, 2025 -884.48 Mn
Sep 30, 2025 -836.23 Mn
Jun 30, 2025 -819.31 Mn
Mar 31, 2025 -304.32 Mn
Dec 31, 2024 -177.98 Mn
Dec 31, 2023 -41.31 Mn
Sep 30, 2022 -13.80 Mn
Jun 30, 2022 -10.50 Mn
Dec 31, 2021 -9.54 Mn
Sep 30, 2021 -8.05 Mn
Dec 31, 2020 -21.34 Mn