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
DateValue
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