D-Wave Quantum (QBTS) Non-Current Debt (2020 - 2026)
D-Wave Quantum's (QBTS) quarterly Non-Current Debt came in at $34.9 million in Q2 2026, up 8.81% year-over-year from $32.1 million in Q2 2025, and down 1.52% quarter-over-quarter from $35.4 million in Q1 2026.
Analysis
D-Wave Quantum (QBTS) Non-Current Debt (2020 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Non-Current Debt across 7 years of filings, most recently posting $34.9 million for Q2 2026.
- In Q2 2026, Non-Current Debt rose 8.81% year-over-year to $34.9 million; the TTM figure through Jun 2026 stood at $34.9 million (up 8.81% YoY), while the FY2025 annual figure was $35.8 million, up 18.91% from the prior year.
- Non-Current Debt came in at $34.9 million for Q2 2026 at D-Wave Quantum, down from $35.4 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $63.8 million in Q4 2023 to a low of $12.6 million in Q3 2022.
- Average Non-Current Debt over 5 years is $35.0 million, with a median of $32.1 million recorded in 2025.
- Year-over-year, Non-Current Debt soared 160.02% in 2023 and sank 52.81% in 2024.
- Over 5 years, Non-Current Debt stood at $31.2 million in 2022, then surged by 104.86% to $63.8 million in 2023, then slumped by 52.81% to $30.1 million in 2024, then grew by 18.91% to $35.8 million in 2025, then decreased by 2.62% to $34.9 million in 2026.
- Per Business Quant data, the three most recent Non-Current Debt figures were $34.9 million in Q2 2026, $35.4 million in Q1 2026, and $35.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | - |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | 34.89 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | - |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | - |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | - |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | - |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | - |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | 32.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.89 Mn |
| Mar 31, 2026 | 35.42 Mn |
| Dec 31, 2025 | 35.83 Mn |
| Sep 30, 2025 | 32.05 Mn |
| Jun 30, 2025 | 32.06 Mn |
| Mar 31, 2025 | 30.37 Mn |
| Dec 31, 2024 | 30.13 Mn |
| Sep 30, 2024 | 32.01 Mn |
| Jun 30, 2024 | 31.45 Mn |
| Mar 31, 2024 | 63.04 Mn |
| Dec 31, 2023 | 63.85 Mn |
| Sep 30, 2023 | 32.83 Mn |
| Jun 30, 2023 | 31.92 Mn |
| Mar 31, 2023 | 31.41 Mn |
| Dec 31, 2022 | 31.17 Mn |
| Sep 30, 2022 | 12.63 Mn |
| Jun 30, 2022 | 34.26 Mn |
| Dec 31, 2021 | 30.31 Mn |
| Dec 31, 2020 | 1.61 Mn |