D-Wave Quantum (QBTS) Inventory (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Inventory came in at $3.5 million in Q2 2026, up 42.48% year-over-year from $2.4 million in Q2 2025, and up 19.66% quarter-over-quarter from $2.9 million in Q1 2026.
Analysis
D-Wave Quantum (QBTS) Inventory (2021 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Inventory across 6 years of filings, most recently posting $3.5 million for Q2 2026.
- In Q2 2026, Inventory rose 42.48% year-over-year to $3.5 million; the TTM figure through Jun 2026 stood at $3.5 million (up 42.48% YoY), while the FY2025 annual figure was $2.8 million, up 64.65% from the prior year.
- Inventory came in at $3.5 million for Q2 2026 at D-Wave Quantum, up from $2.9 million in the prior quarter.
- In the past five years, Inventory ranged from a high of $3.5 million in Q2 2026 to a low of $1.7 million in Q4 2024.
- Average Inventory over 5 years is $2.3 million, with a median of $2.2 million recorded in 2023.
- Year-over-year, Inventory fell 18.86% in 2024 and jumped 71.27% in 2026.
- Over 5 years, Inventory stood at $2.2 million in 2022, then dropped by 5.37% to $2.1 million in 2023, then decreased by 18.86% to $1.7 million in 2024, then jumped by 64.65% to $2.8 million in 2025, then advanced by 25.65% to $3.5 million in 2026.
- Per Business Quant data, the three most recent Inventory figures were $3.5 million in Q2 2026, $2.9 million in Q1 2026, and $2.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | 62.52 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | 3.49 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | - |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | 12.84 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | 5.83 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | - |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | - |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | 5.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.49 Mn |
| Mar 31, 2026 | 2.92 Mn |
| Dec 31, 2025 | 2.78 Mn |
| Sep 30, 2025 | 2.83 Mn |
| Jun 30, 2025 | 2.45 Mn |
| Mar 31, 2025 | 1.70 Mn |
| Dec 31, 2024 | 1.69 Mn |
| Sep 30, 2024 | 1.90 Mn |
| Jun 30, 2024 | 2.13 Mn |
| Mar 31, 2024 | 2.08 Mn |
| Dec 31, 2023 | 2.08 Mn |
| Sep 30, 2023 | 2.24 Mn |
| Jun 30, 2023 | 2.33 Mn |
| Mar 31, 2023 | 2.24 Mn |
| Dec 31, 2022 | 2.20 Mn |
| Sep 30, 2022 | 2.53 Mn |
| Jun 30, 2022 | 2.15 Mn |
| Dec 31, 2021 | 2.11 Mn |