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

D-Wave Quantum has disclosed Invested Capital across 7 years of filings, most recently posting $1.1 billion for Q2 2026.

• In Q2 2026, Invested Capital rose 53.95% year-over-year to $1.1 billion; the TTM figure through Jun 2026 stood at $1.1 billion (up 53.95% YoY), while the FY2025 annual figure was $888.2 million, up 853.79% from the prior year.
• Invested Capital came in at $1.1 billion for Q2 2026 at D-Wave Quantum, down from $1.2 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $1.2 billion in Q1 2026 to a low of -$7.5 million in Q3 2022.
• Average Invested Capital over 5 years is $385.5 million, with a median of $93.1 million recorded in 2024.
• Year-over-year, Invested Capital soared 4770.14% in 2023 and plunged 96.26% in 2024.
• Over 5 years, Invested Capital stood at $4.0 million in 2022, then surged by 897.19% to $39.8 million in 2023, then surged by 134.16% to $93.1 million in 2024, then jumped by 853.79% to $888.2 million in 2025, then advanced by 25.89% to $1.1 billion in 2026.
• Per Business Quant data, the three most recent Invested Capital figures were $1.1 billion in Q2 2026, $1.2 billion in Q1 2026, and $888.2 million in Q4 2025.