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| Date | Value |
|---|---|
| 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 |