Growth Metrics

D-Wave Quantum (QBTS) Invested Capital: 2020-2025

Historic Invested Capital for D-Wave Quantum (QBTS) over the last 4 years, with Sep 2025 value amounting to $670.7 million.

  • D-Wave Quantum's Invested Capital rose 20961.52% to $670.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $670.7 million, marking a year-over-year increase of 20961.52%. This contributed to the annual value of $63.0 million for FY2024, which is 812.96% up from last year.
  • According to the latest figures from Q3 2025, D-Wave Quantum's Invested Capital is $670.7 million, which was down 3.39% from $694.3 million recorded in Q2 2025.
  • In the past 5 years, D-Wave Quantum's Invested Capital registered a high of $694.3 million during Q2 2025, and its lowest value of -$35.4 million during Q2 2023.
  • In the last 3 years, D-Wave Quantum's Invested Capital had a median value of $10.8 million in 2024 and averaged $145.7 million.
  • Per our database at Business Quant, D-Wave Quantum's Invested Capital plummeted by 375.40% in 2022 and then spiked by 20,961.52% in 2025.
  • Quarterly analysis of 5 years shows D-Wave Quantum's Invested Capital stood at -$5.9 million in 2021, then tumbled by 375.40% to -$28.1 million in 2022, then surged by 124.59% to $6.9 million in 2023, then surged by 812.96% to $63.0 million in 2024, then spiked by 20,961.52% to $670.7 million in 2025.
  • Its Invested Capital stands at $670.7 million for Q3 2025, versus $694.3 million for Q2 2025 and $207.7 million for Q1 2025.