D-Wave Quantum QBTS
NASDAQ QBTS
$16.42 -0.41 (-2.44%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

D-Wave Quantum's (QBTS) quarterly Operating Leases came in at $11.8 million in Q2 2026, up 87.06% year-over-year from $6.3 million in Q2 2025, and up 21.88% quarter-over-quarter from $9.7 million in Q1 2026.

Analysis

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

D-Wave Quantum has disclosed Operating Leases across 6 years of filings, most recently posting $11.8 million for Q2 2026.

  • In Q2 2026, Operating Leases rose 87.06% year-over-year to $11.8 million; the TTM figure through Jun 2026 stood at $11.8 million (up 87.06% YoY), while the FY2025 annual figure was $6.0 million, down 5.31% from the prior year.
  • Operating Leases came in at $11.8 million for Q2 2026 at D-Wave Quantum, up from $9.7 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $11.8 million in Q2 2026 to a low of $6.0 million in Q4 2025.
  • Average Operating Leases over 5 years is $7.2 million, with a median of $6.9 million recorded in 2023.
  • Year-over-year, Operating Leases fell 12.42% in 2025 and surged 87.06% in 2026.
  • Over 5 years, Operating Leases stood at $7.3 million in 2022, then slipped by 3.74% to $7.0 million in 2023, then retreated by 9.09% to $6.4 million in 2024, then dropped by 5.31% to $6.0 million in 2025, then soared by 95.47% to $11.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $11.8 million in Q2 2026, $9.7 million in Q1 2026, and $6.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.83 Mn
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