D-Wave Quantum (QBTS) Price to Sales (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Price to Sales came in at 2901.35 in Q2 2026, up 80.49% year-over-year from 1607.5 in Q2 2025, and up 55.29% quarter-over-quarter from 1868.32 in Q1 2026.
Analysis
D-Wave Quantum (QBTS) Price to Sales (2021 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Price to Sales across 6 years of filings, most recently posting 2901.35 for Q2 2026.
- In Q2 2026, Price to Sales rose 80.49% year-over-year to 2901.35; the TTM figure through Jun 2026 stood at 718.27 (up 221.58% YoY), while the FY2025 annual figure was 381.55, up 108.68% from the prior year.
- Price to Sales came in at 2901.35 for Q2 2026 at D-Wave Quantum, up from 1868.32 in the prior quarter.
- In the past five years, Price to Sales ranged from a high of 3408.83 in Q4 2025 to a low of 48.79 in Q4 2023.
- Average Price to Sales over 5 years is 871.67, with a median of 334.62 recorded in 2022.
- Year-over-year, Price to Sales tumbled 92.68% in 2023 and jumped 1997.9% in 2025.
- Over 5 years, Price to Sales stood at 68.14 in 2022, then declined by 28.4% to 48.79 in 2023, then surged by 1332.61% to 698.95 in 2024, then jumped by 387.7% to 3408.83 in 2025, then dropped by 14.89% to 2901.35 in 2026.
- Per Business Quant data, the three most recent Price to Sales figures were 2901.35 in Q2 2026, 1868.32 in Q1 2026, and 3408.83 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2,901.35 |
| Mar 31, 2026 | 1,868.32 |
| Dec 31, 2025 | 3,408.83 |
| Sep 30, 2025 | 2,286.43 |
| Jun 30, 2025 | 1,607.50 |
| Mar 31, 2025 | 147.61 |
| Dec 31, 2024 | 698.95 |
| Sep 30, 2024 | 108.99 |
| Jun 30, 2024 | 97.17 |
| Mar 31, 2024 | 133.80 |
| Dec 31, 2023 | 48.79 |
| Sep 30, 2023 | 58.19 |
| Jun 30, 2023 | 156.75 |
| Mar 31, 2023 | 53.02 |
| Dec 31, 2022 | 68.14 |
| Sep 30, 2022 | 512.49 |
| Jun 30, 2022 | 809.74 |
| Mar 31, 2022 | 723.91 |
| Dec 31, 2021 | 507.36 |
| Sep 30, 2021 | 937.10 |