D-Wave Quantum (QBTS) Inventory Average (2022 - 2026)
D-Wave Quantum's (QBTS) quarterly Inventory Average came in at $3.2 million in Q2 2026, up 54.29% year-over-year from $2.1 million in Q2 2025, and up 12.51% quarter-over-quarter from $2.8 million in Q1 2026.
Analysis
D-Wave Quantum (QBTS) Inventory Average (2022 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Inventory Average across 5 years of filings, most recently posting $3.2 million for Q2 2026.
- In Q2 2026, Inventory Average rose 54.29% year-over-year to $3.2 million; the TTM figure through Jun 2026 stood at $3.2 million (up 54.29% YoY), while the FY2025 annual figure was $2.2 million, up 18.54% from the prior year.
- Inventory Average came in at $3.2 million for Q2 2026 at D-Wave Quantum, up from $2.8 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $3.2 million in Q2 2026 to a low of $1.7 million in Q1 2025.
- Average Inventory Average over 5 years is $2.3 million, with a median of $2.3 million recorded in 2023.
- Year-over-year, Inventory Average retreated 18.5% in 2025 and soared 67.98% in 2026.
- Over 5 years, Inventory Average stood at $2.4 million in 2022, then retreated by 8.61% to $2.2 million in 2023, then decreased by 16.96% to $1.8 million in 2024, then jumped by 56.23% to $2.8 million in 2025, then advanced by 14.2% to $3.2 million in 2026.
- Per Business Quant data, the three most recent Inventory Average figures were $3.2 million in Q2 2026, $2.8 million in Q1 2026, and $2.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | 58.04 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | 3.20 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 | 8.47 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | 5.35 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 | 5.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.20 Mn |
| Mar 31, 2026 | 2.85 Mn |
| Dec 31, 2025 | 2.80 Mn |
| Sep 30, 2025 | 2.64 Mn |
| Jun 30, 2025 | 2.08 Mn |
| Mar 31, 2025 | 1.69 Mn |
| Dec 31, 2024 | 1.79 Mn |
| Sep 30, 2024 | 2.01 Mn |
| Jun 30, 2024 | 2.10 Mn |
| Mar 31, 2024 | 2.08 Mn |
| Dec 31, 2023 | 2.16 Mn |
| Sep 30, 2023 | 2.28 Mn |
| Jun 30, 2023 | 2.28 Mn |
| Mar 31, 2023 | 2.22 Mn |
| Dec 31, 2022 | 2.36 Mn |
| Sep 30, 2022 | 2.34 Mn |