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

D-Wave Quantum has disclosed Enterprise Value across 7 years of filings, most recently posting -$588.4 million for Q1 2026.

• Enterprise Value for Q1 2026 came in at -$588.4 million, down 93.35% year-over-year; the trailing twelve-month figure through Mar 2026 was -$588.4 million (down 93.35% YoY), and the FY2025 annual result was -$884.5 million, down 396.96% from the prior year.
• Enterprise Value came in at -$588.4 million for Q1 2026 at D-Wave Quantum, up from -$884.5 million in the prior quarter.
• In the past five years, Enterprise Value ranged from a high of -$10.5 million in Q2 2022 to a low of -$884.5 million in Q4 2025.
• The 5-year median for Enterprise Value is -$304.3 million (2025), against an average of -$408.5 million.
• Across the five-year window, Enterprise Value tumbled 71.54% in 2022 and tumbled 396.96% in 2025, its largest moves.
• D-Wave Quantum's 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 jumped by 33.48% to -$588.4 million in 2026.
• The last three Enterprise Value figures came in at -$588.4 million (Q1 2026), -$884.5 million (Q4 2025), and -$836.2 million (Q3 2025), per Business Quant data.