D-Wave Quantum (QBTS) Payables (2021 - 2026)
D-Wave Quantum's Payables came in at $4.52 million for Q2 2026, up 279.9% from $1.19 million a year earlier and up 164.9% from the prior quarter.
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Analysis
D-Wave Quantum (QBTS) Payables (2021 - 2026) Analysis & Trends
At the end of FY2025, D-Wave Quantum's Payables was $950,000, up 16.6% from FY2024.
- Payables carries a four-year compound annual growth rate of -18.1% (FY2021 to FY2025).
- Going back by year, Payables was $815,000 in FY2024 (-44.4%), $1.47 million in FY2023 (-64.9%), $4.18 million in FY2022 (+98.0%) and $2.11 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Payables since Q1 2023.
- Year-over-year, Payables has increased for five consecutive quarters, with growth averaging 38.4% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q2 2026 (growth of 279.9%), and the weakest in Q1 2024 (a decline of 81.5%).
- Business Quant data shows QBTS's Payables at $1.71 million (Q1 2026), $950,000 (Q4 2025) and $992,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | 290.00 Mn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | 114.49 Mn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | 282.50 Mn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | 185.25 Mn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 313.53 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | 10.00 Mn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | 47.97 Mn |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | 269.96 Mn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | 17.69 Mn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | 4.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.52 Mn |
| Mar 31, 2026 | 1.71 Mn |
| Dec 31, 2025 | 950,000.00 |
| Sep 30, 2025 | 992,000.00 |
| Jun 30, 2025 | 1.19 Mn |
| Mar 31, 2025 | 1.02 Mn |
| Dec 31, 2024 | 815,000.00 |
| Sep 30, 2024 | 696,000.00 |
| Jun 30, 2024 | 1.17 Mn |
| Mar 31, 2024 | 1.04 Mn |
| Dec 31, 2023 | 1.47 Mn |
| Sep 30, 2023 | 1.54 Mn |
| Jun 30, 2023 | 4.11 Mn |
| Mar 31, 2023 | 5.61 Mn |
| Dec 31, 2022 | 4.18 Mn |
| Sep 30, 2022 | 2.91 Mn |
| Jun 30, 2022 | 2.48 Mn |
| Dec 31, 2021 | 2.11 Mn |
API Access
D-Wave Quantum Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "QBTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();