D-Wave Quantum (QBTS) Equity Average (2021 - 2026)
D-Wave Quantum (QBTS) posted Equity Average of $988.2 million for Q1 2026, up 29.79% sequentially from $761.4 million in Q4 2025, and up 631.94% YoY from $135.0 million in Q1 2025.
D-Wave Quantum (QBTS) Equity Average (2021 - 2026) Analysis & Trends
D-Wave Quantum (QBTS) has 6 years of Equity Average data on file, last reported at $988.2 million in Q1 2026.
- Quarterly Equity Average rose 631.94% year-over-year to $988.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $988.2 million (up 631.94% YoY) and the FY2025 annual result came in at $457.4 million, up 2297.16% from the prior year.
- Equity Average advanced to $988.2 million in Q1 2026 per QBTS's latest filing, from $761.4 million in the prior quarter.
- The five-year high for Equity Average was $988.2 million in Q1 2026, with the low at -$41.1 million in Q2 2023.
- Average Equity Average over 5 years is $160.0 million, with a median of -$23.8 million recorded in 2022.
- Year-over-year, Equity Average sank 894.28% in 2022 and jumped 3651.51% in 2025.
- D-Wave Quantum's Equity Average stood at -$26.1 million in 2022, then grew by 24.27% to -$19.8 million in 2023, then jumped by 215.48% to $22.9 million in 2024, then soared by 3229.87% to $761.4 million in 2025, then gained by 29.79% to $988.2 million in 2026.
- Business Quant data shows QBTS's Equity Average at $988.2 million in Q1 2026, $761.4 million in Q4 2025, and $682.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 12.00 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | -1.94 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 12.93 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 8.40 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 777.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 1.44 Bn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | -455.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 7.28 Bn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 2.27 Bn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | 988.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 988.24 Mn |
| Dec 31, 2025 | 761.39 Mn |
| Sep 30, 2025 | 682.40 Mn |
| Jun 30, 2025 | 450.82 Mn |
| Mar 31, 2025 | 135.02 Mn |
| Dec 31, 2024 | 22.87 Mn |
| Sep 30, 2024 | -19.21 Mn |
| Jun 30, 2024 | -29.24 Mn |
| Mar 31, 2024 | -30.72 Mn |
| Dec 31, 2023 | -19.80 Mn |
| Sep 30, 2023 | -33.33 Mn |
| Jun 30, 2023 | -41.10 Mn |
| Mar 31, 2023 | -30.06 Mn |
| Dec 31, 2022 | -26.14 Mn |
| Sep 30, 2022 | -31.79 Mn |
| Jun 30, 2022 | -34.98 Mn |
| Mar 31, 2022 | -23.77 Mn |
| Dec 31, 2021 | -2.63 Mn |
| Sep 30, 2021 | 15.08 Mn |
| Jun 30, 2021 | 18.92 Mn |