D-Wave Quantum (QBTS) Receivables (2021 - 2026)
D-Wave Quantum (QBTS) posted Receivables of $2.49 million for Q2 2026, up 20.4% from $2.06 million a year earlier but down 73.8% from the prior quarter.
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Analysis
D-Wave Quantum (QBTS) Receivables (2021 - 2026) Analysis & Trends
At the end of FY2025, D-Wave Quantum's Receivables came in at $2.15 million, up 9.1% from FY2024.
- Annual Receivables shows a four-year compound annual growth rate of 25.8% (FY2021 to FY2025).
- In prior years, D-Wave Quantum's Receivables was $1.97 million in FY2024 (-25.8%), $2.66 million in FY2023 (+226.4%), $815,000 in FY2022 (-5.1%) and $859,000 in FY2021.
- Quarterly Receivables has run from a low of $815,000 in Q4 2022 to a high of $9.5 million in Q1 2026 over five years.
- On a year-over-year basis, Receivables has increased in each of the last four quarters, with growth averaging 68.7% over the last eight quarters.
- The strongest year-over-year quarter for Receivables in the past five years was Q1 2026, with growth of 473.1%; the weakest was Q1 2025, with a decline of 30.1%.
- According to Business Quant data, Receivables for the three prior quarters was $9.5 million (Q1 2026), $2.15 million (Q4 2025) and $2.64 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | 3.63 Bn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | 1.04 Bn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | 1.46 Bn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | 718.46 Mn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 975.55 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | 469.00 Mn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | 1.15 Bn |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | 1.52 Bn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | 483.22 Mn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | 2.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.49 Mn |
| Mar 31, 2026 | 9.50 Mn |
| Dec 31, 2025 | 2.15 Mn |
| Sep 30, 2025 | 2.64 Mn |
| Jun 30, 2025 | 2.06 Mn |
| Mar 31, 2025 | 1.66 Mn |
| Dec 31, 2024 | 1.97 Mn |
| Sep 30, 2024 | 2.05 Mn |
| Jun 30, 2024 | 2.21 Mn |
| Mar 31, 2024 | 2.37 Mn |
| Dec 31, 2023 | 2.66 Mn |
| Sep 30, 2023 | 1.13 Mn |
| Jun 30, 2023 | 1.68 Mn |
| Mar 31, 2023 | 1.14 Mn |
| Dec 31, 2022 | 815,000.00 |
| Sep 30, 2022 | 1.09 Mn |
| Jun 30, 2022 | 1.88 Mn |
| Dec 31, 2021 | 859,000.00 |
API Access
D-Wave Quantum Receivables 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=receivables&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();