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
DateValue
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