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 Q2 2026, up 37.32% year-over-year from $843.6 million in Q2 2025, and down 3.45% quarter-over-quarter from $1.2 billion in Q1 2026.
Analysis
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 Q2 2026.
- In Q2 2026, Liabilities and Shareholders Equity rose 37.32% year-over-year to $1.2 billion; the TTM figure through Jun 2026 stood at $4.1 billion (up 191.83% YoY), while the FY2025 annual figure was $915.8 million, up 358.24% from the prior year.
- Liabilities and Shareholders Equity came in at $1.2 billion for Q2 2026 at D-Wave Quantum, down from $1.2 billion 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.
- Average Liabilities and Shareholders Equity over 5 years is $349.8 million, with a median of $61.8 million recorded in 2024.
- Year-over-year, Liabilities and Shareholders Equity tumbled 30.2% in 2023 and surged 1646.98% in 2025.
- Over 5 years, 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 rose by 26.49% to $1.2 billion in 2026.
- Per Business Quant data, the three most recent Liabilities and Shareholders Equity figures were $1.2 billion in Q2 2026, $1.2 billion in Q1 2026, and $915.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | 6.78 Bn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | 1.16 Bn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | 648.23 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | 1.64 Bn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | 641.45 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | 17.73 Mn |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | 34.93 Mn |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | 36.24 Mn |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | 124.05 Mn |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | 384.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 Bn |
| 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 |