D-Wave Quantum (QBTS) Operating Leases (2021 - 2026)

D-Wave Quantum (QBTS) posted Operating Leases of $9.7 million for Q1 2026, up 60.38% sequentially from $6.0 million in Q4 2025, and up 56.17% YoY from $6.2 million in Q1 2025.

D-Wave Quantum (QBTS) Operating Leases (2021 - 2026) Analysis & Trends

D-Wave Quantum (QBTS) has 6 years of Operating Leases data on file, last reported at $9.7 million in Q1 2026.

  • Quarterly Operating Leases rose 56.17% year-over-year to $9.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.7 million (up 56.17% YoY) and the FY2025 annual result came in at $6.0 million, down 5.31% from the prior year.
  • Operating Leases grew to $9.7 million in Q1 2026 per QBTS's latest filing, from $6.0 million in the prior quarter.
  • The five-year high for Operating Leases was $9.7 million in Q1 2026, with the low at $6.0 million in Q4 2025.
  • Average Operating Leases over 5 years is $6.9 million, with a median of $6.8 million recorded in 2023.
  • Year-over-year, Operating Leases slipped 12.42% in 2025 and soared 56.17% in 2026.
  • D-Wave Quantum's Operating Leases stood at $7.3 million in 2022, then fell by 3.74% to $7.0 million in 2023, then dropped by 9.09% to $6.4 million in 2024, then retreated by 5.31% to $6.0 million in 2025, then soared by 60.38% to $9.7 million in 2026.
  • Business Quant data shows QBTS's Operating Leases at $9.7 million in Q1 2026, $6.0 million in Q4 2025, and $6.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn
10 D-Wave Quantum 8.64 Bn 8.64 Bn 1.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.70 Mn
Dec 31, 2025 6.05 Mn
Sep 30, 2025 6.10 Mn
Jun 30, 2025 6.32 Mn
Mar 31, 2025 6.21 Mn
Dec 31, 2024 6.39 Mn
Sep 30, 2024 6.97 Mn
Jun 30, 2024 6.81 Mn
Mar 31, 2024 6.98 Mn
Dec 31, 2023 7.03 Mn
Sep 30, 2023 6.88 Mn
Jun 30, 2023 7.16 Mn
Mar 31, 2023 7.17 Mn
Dec 31, 2022 7.30 Mn
Sep 30, 2022 6.21 Mn
Jun 30, 2022 6.56 Mn
Dec 31, 2021 6.99 Mn