D-Wave Quantum (QBTS) Invested Capital (2020 - 2026)

D-Wave Quantum (QBTS) has 7 years of Invested Capital data on file, last reported at $1.1 billion in Q1 2026.

• Quarterly Invested Capital rose 441.26% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 441.26% YoY) and the FY2025 annual result came in at $852.4 million, up 1260.6% from the prior year.
• Invested Capital climbed to $1.1 billion in Q1 2026 per QBTS's latest filing, from $852.4 million in the prior quarter.
• The five-year high for Invested Capital was $1.1 billion in Q1 2026, with the low at -$35.4 million in Q2 2023.
• Average Invested Capital over 5 years is $206.3 million, with a median of $6.9 million recorded in 2023.
• Year-over-year, Invested Capital slumped 444.54% in 2023 and jumped 20961.52% in 2025.
• D-Wave Quantum's Invested Capital stood at -$28.1 million in 2022, then surged by 124.66% to $6.9 million in 2023, then jumped by 805.42% to $62.6 million in 2024, then soared by 1260.6% to $852.4 million in 2025, then surged by 31.91% to $1.1 billion in 2026.
• Business Quant data shows QBTS's Invested Capital at $1.1 billion in Q1 2026, $852.4 million in Q4 2025, and $670.7 million in Q3 2025.