D-Wave Quantum (QBTS) Free Cash Flow (2021 - 2026)

D-Wave Quantum has disclosed Free Cash Flow across 6 years of filings, most recently posting -$30.8 million for Q2 2026.

• In Q2 2026, Free Cash Flow fell 91.87% year-over-year to -$30.8 million; the TTM figure through Jun 2026 stood at -$119.1 million (down 124.4% YoY), while the FY2025 annual figure was -$75.8 million, down 69.49% from the prior year.
• Free Cash Flow came in at -$30.8 million for Q2 2026 at D-Wave Quantum, up from -$48.2 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $1.1 million in Q4 2024 to a low of -$48.2 million in Q1 2026.
• Average Free Cash Flow over 5 years is -$17.0 million, with a median of -$15.3 million recorded in 2023.
• Year-over-year, Free Cash Flow surged 107.03% in 2024 and slumped 1977.32% in 2025.
• Over 5 years, Free Cash Flow stood at -$11.1 million in 2022, then tumbled by 37.25% to -$15.2 million in 2023, then surged by 107.03% to $1.1 million in 2024, then tumbled by 1977.32% to -$20.0 million in 2025, then sank by 53.59% to -$30.8 million in 2026.
• Per Business Quant data, the three most recent Free Cash Flow figures were -$30.8 million in Q2 2026, -$48.2 million in Q1 2026, and -$20.0 million in Q4 2025.