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

D-Wave Quantum has disclosed Net Cash Flow across 6 years of filings, most recently posting -$41.7 million for Q2 2026.

• In Q2 2026, Net Cash Flow fell 108.11% year-over-year to -$41.7 million; the TTM figure through Jun 2026 stood at -$522.9 million (down 167.27% YoY), while the FY2025 annual figure was $456.0 million, up 233.68% from the prior year.
• Net Cash Flow came in at -$41.7 million for Q2 2026 at D-Wave Quantum, up from -$297.2 million in the prior quarter.
• In the past five years, Net Cash Flow ranged from a high of $514.2 million in Q2 2025 to a low of -$297.2 million in Q1 2026.
• Average Net Cash Flow over 5 years is $15.9 million, with a median of $267000.0 recorded in 2023.
• Year-over-year, Net Cash Flow plunged 833.3% in 2024 and surged 3699.07% in 2025.
• Over 5 years, Net Cash Flow stood at -$6.8 million in 2022, then slumped by 76.71% to -$12.0 million in 2023, then jumped by 1342.1% to $148.6 million in 2024, then tumbled by 235.14% to -$200.8 million in 2025, then surged by 79.24% to -$41.7 million in 2026.
• Per Business Quant data, the three most recent Net Cash Flow figures were -$41.7 million in Q2 2026, -$297.2 million in Q1 2026, and -$200.8 million in Q4 2025.