D-Wave Quantum (QBTS) Payables (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Payables came in at $4.5 million in Q2 2026, up 279.92% year-over-year from $1.2 million in Q2 2025, and up 164.85% quarter-over-quarter from $1.7 million in Q1 2026.
Analysis
D-Wave Quantum (QBTS) Payables (2021 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Payables across 6 years of filings, most recently posting $4.5 million for Q2 2026.
- In Q2 2026, Payables rose 279.92% year-over-year to $4.5 million; the TTM figure through Jun 2026 stood at $4.5 million (up 279.92% YoY), while the FY2025 annual figure was $950000.0, up 16.56% from the prior year.
- Payables came in at $4.5 million for Q2 2026 at D-Wave Quantum, up from $1.7 million in the prior quarter.
- In the past five years, Payables ranged from a high of $5.6 million in Q1 2023 to a low of $696000.0 in Q3 2024.
- Average Payables over 5 years is $2.1 million, with a median of $1.5 million recorded in 2023.
- Year-over-year, Payables plunged 81.51% in 2024 and soared 279.92% in 2026.
- Over 5 years, Payables stood at $4.2 million in 2022, then sank by 64.92% to $1.5 million in 2023, then tumbled by 44.37% to $815000.0 in 2024, then advanced by 16.56% to $950000.0 in 2025, then soared by 375.89% to $4.5 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $4.5 million in Q2 2026, $1.7 million in Q1 2026, and $950000.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | 44.58 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | 4.52 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | 92.41 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | 4.08 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | 3.65 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | 3.98 Mn |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | 715,996.76 |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | 5.56 Mn |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | 3,224.14 Bn |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | 1.54 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 |