D-Wave Quantum (QBTS) Net Cash Flow (2021 - 2026)

D-Wave Quantum's Net Cash Flow history spans 6 years, with the latest figure at -$297.2 million for Q1 2026.

  • On a quarterly basis, Net Cash Flow fell 336.14% to -$297.2 million in Q1 2026 year-over-year; TTM through Mar 2026 was $33.0 million, a 88.06% decrease, with the full-year FY2025 number at $456.0 million, up 233.68% from a year prior.
  • Net Cash Flow hit -$297.2 million in Q1 2026 for D-Wave Quantum, down from -$200.8 million in the prior quarter.
  • Over the last five years, Net Cash Flow for QBTS hit a ceiling of $514.2 million in Q2 2025 and a floor of -$297.2 million in Q1 2026.
  • Historically, Net Cash Flow has averaged $19.3 million across 5 years, with a median of $1.9 million in 2023.
  • Biggest five-year swings in Net Cash Flow: tumbled 823.48% in 2024 and later soared 3699.07% in 2025.
  • Tracing QBTS's Net Cash Flow over 5 years: stood at -$6.8 million in 2022, then plummeted by 75.8% to -$11.9 million in 2023, then surged by 1346.16% to $148.6 million in 2024, then plummeted by 235.14% to -$200.8 million in 2025, then tumbled by 47.97% to -$297.2 million in 2026.
  • Business Quant data shows Net Cash Flow for QBTS at -$297.2 million in Q1 2026, -$200.8 million in Q4 2025, and $16.8 million in Q3 2025.