D-Wave Quantum (QBTS) Property, Plant & Equipment (Net) (2021 - 2026)
D-Wave Quantum (QBTS) reported Property, Plant & Equipment (Net) of $22.08 million for Q2 2026, up 390.1% from $4.5 million a year earlier and up 46.5% from the prior quarter.
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Analysis
D-Wave Quantum (QBTS) Property, Plant & Equipment (Net) (2021 - 2026) Analysis & Trends
At the end of FY2025, D-Wave Quantum posted Property, Plant & Equipment (Net) of $7.84 million, up 89.7% from FY2024.
- Property, Plant & Equipment (Net) has increased for three consecutive years, with a four-year compound annual growth rate of 24.6% (FY2021 to FY2025).
- By year, Property, Plant & Equipment (Net) came in at $4.13 million in FY2024 (+62.0%), $2.55 million in FY2023 (+11.2%), $2.29 million in FY2022 (-29.4%) and $3.25 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Property, Plant & Equipment (Net) in data going back to Q4 2021.
- Year over year, Property, Plant & Equipment (Net) has now increased in each of the last 11 quarters, with growth averaging 130.3% over the last eight quarters.
- The high point for year-over-year Property, Plant & Equipment (Net) in five years was Q2 2026 (growth of 390.1%); the low point was Q2 2023 (a decline of 35.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $15.07 million (Q1 2026), $7.84 million (Q4 2025) and $5.61 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | 523.00 Mn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | 1.17 Bn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | 1.70 Bn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | 207.98 Mn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 409.63 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | 33.00 Mn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | 753.00 Mn |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | 341.51 Mn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | 38.99 Mn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | 22.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.08 Mn |
| Mar 31, 2026 | 15.07 Mn |
| Dec 31, 2025 | 7.84 Mn |
| Sep 30, 2025 | 5.61 Mn |
| Jun 30, 2025 | 4.50 Mn |
| Mar 31, 2025 | 4.00 Mn |
| Dec 31, 2024 | 4.13 Mn |
| Sep 30, 2024 | 3.41 Mn |
| Jun 30, 2024 | 3.21 Mn |
| Mar 31, 2024 | 2.91 Mn |
| Dec 31, 2023 | 2.55 Mn |
| Sep 30, 2023 | 1.88 Mn |
| Jun 30, 2023 | 1.79 Mn |
| Mar 31, 2023 | 2.04 Mn |
| Dec 31, 2022 | 2.29 Mn |
| Sep 30, 2022 | 2.54 Mn |
| Jun 30, 2022 | 2.77 Mn |
| Dec 31, 2021 | 3.25 Mn |
API Access
D-Wave Quantum Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();