D-Wave Quantum (QBTS) Interest Expenses (2021 - 2026)
D-Wave Quantum (QBTS) posted Interest Expenses of $51.5 million for Q1 2026, up 1187.4% sequentially from $4.0 million in Q4 2025, and down 23.02% YoY from $66.9 million in Q1 2025.
D-Wave Quantum (QBTS) Interest Expenses (2021 - 2026) Analysis & Trends
D-Wave Quantum has reported Interest Expenses for 6 years, with the latest figure at $51.5 million in Q1 2026.
- Quarterly Interest Expenses fell 23.02% year-over-year to $51.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $51.5 million (down 23.02% YoY) and the FY2025 annual result came in at $156.2 million, up 21.0% from the prior year.
- Interest Expenses rose to $51.5 million in Q1 2026 per QBTS's latest filing, from $4.0 million in the prior quarter.
- Over five years, Interest Expenses peaked at $140.0 million in Q3 2025 and troughed at -$2.1 million in Q4 2022.
- A 5-year average of $27.7 million and a median of $897000.0 in 2024 frame the typical range for Interest Expenses.
- The widest YoY moves for Interest Expenses: up 52270.24% in 2022, down 314.45% in 2022.
- Over 5 years, Interest Expenses stood at -$2.1 million in 2022, then jumped by 43.07% to -$1.2 million in 2023, then surged by 66.08% to -$407000.0 in 2024, then surged by 1082.8% to $4.0 million in 2025, then jumped by 1187.4% to $51.5 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $51.5 million, $4.0 million, and $140.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 391.00 Mn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 19.50 Mn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 308.00 Mn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 70.00 Mn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 165.00 Mn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 271.45 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 650.00 Mn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 88.26 Mn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 34.96 Mn |
| 10 | D-Wave Quantum | 7.35 Bn | 7.35 Bn | 1.82 Mn | 51.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.50 Mn |
| Mar 31, 2026 | 51.50 Mn |
| Dec 31, 2025 | 4.00 Mn |
| Dec 31, 2025 | 4.00 Mn |
| Sep 30, 2025 | 140.02 Mn |
| Sep 30, 2025 | 140.02 Mn |
| Jun 30, 2025 | 87.86 Mn |
| Jun 30, 2025 | 87.86 Mn |
| Mar 31, 2025 | 66.89 Mn |
| Mar 31, 2025 | 66.89 Mn |
| Dec 31, 2024 | -407,000.00 |
| Dec 31, 2024 | -407,000.00 |
| Sep 30, 2024 | 897,000.00 |
| Sep 30, 2024 | 897,000.00 |
| Jun 30, 2024 | 2.64 Mn |
| Jun 30, 2024 | 2.64 Mn |
| Mar 31, 2024 | 12.72 Mn |
| Mar 31, 2024 | 12.72 Mn |
| Dec 31, 2023 | -1.20 Mn |
| Dec 31, 2023 | -1.20 Mn |