D-Wave Quantum (QBTS) Liabilities and Shareholders Equity (2020 - 2026)
D-Wave Quantum's (QBTS) quarterly Liabilities and Shareholders Equity came in at $1.2 billion in Q1 2026, up 268.49% year-on-year from $325.6 million in Q1 2025, and up 31.01% quarter-over-quarter from $915.8 million in Q4 2025.
D-Wave Quantum (QBTS) Liabilities and Shareholders Equity (2020 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Liabilities and Shareholders Equity across 7 years of filings, most recently posting $1.2 billion for Q1 2026.
- Liabilities and Shareholders Equity for Q1 2026 came in at $1.2 billion, up 268.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.8 billion (up 500.64% YoY), and the FY2025 annual result was $915.8 million, up 358.24% from the prior year.
- Liabilities and Shareholders Equity came in at $1.2 billion for Q1 2026 at D-Wave Quantum, up from $915.8 million in the prior quarter.
- In the past five years, Liabilities and Shareholders Equity ranged from a high of $1.2 billion in Q1 2026 to a low of $24.9 million in Q2 2023.
- The 5-year median for Liabilities and Shareholders Equity is $60.6 million (2023), against an average of $299.3 million.
- Across the five-year window, Liabilities and Shareholders Equity plunged 30.2% in 2023 and jumped 1646.98% in 2025, its largest moves.
- D-Wave Quantum's Liabilities and Shareholders Equity stood at $26.9 million in 2022, then surged by 120.27% to $59.4 million in 2023, then soared by 236.7% to $199.9 million in 2024, then surged by 358.24% to $915.8 million in 2025, then jumped by 31.01% to $1.2 billion in 2026.
- The last three Liabilities and Shareholders Equity figures came in at $1.2 billion (Q1 2026), $915.8 million (Q4 2025), and $865.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 101.29 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 17.08 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 21.66 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 8.89 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 15.05 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 23.45 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 4.67 Bn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 42.94 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 6.69 Bn |
| 10 | D-Wave Quantum | 8.82 Bn | 8.82 Bn | 1.82 Mn | 1.20 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.20 Bn |
| Dec 31, 2025 | 915.81 Mn |
| Sep 30, 2025 | 865.82 Mn |
| Jun 30, 2025 | 843.60 Mn |
| Mar 31, 2025 | 325.60 Mn |
| Dec 31, 2024 | 199.85 Mn |
| Sep 30, 2024 | 49.56 Mn |
| Jun 30, 2024 | 61.81 Mn |
| Mar 31, 2024 | 48.61 Mn |
| Dec 31, 2023 | 59.36 Mn |
| Sep 30, 2023 | 70.18 Mn |
| Jun 30, 2023 | 24.91 Mn |
| Mar 31, 2023 | 27.46 Mn |
| Dec 31, 2022 | 26.95 Mn |
| Sep 30, 2022 | 33.65 Mn |
| Jun 30, 2022 | 35.69 Mn |
| Dec 31, 2021 | 29.47 Mn |
| Dec 31, 2020 | 35.80 Mn |