D-Wave Quantum (QBTS) Receivables - Net (2021 - 2026)
D-Wave Quantum (QBTS) posted Receivables - Net of $8.9 million for Q1 2026, up 461.5% sequentially from $1.6 million in Q4 2025, and up 751.1% YoY from $1.0 million in Q1 2025.
D-Wave Quantum (QBTS) Receivables - Net (2021 - 2026) Analysis & Trends
D-Wave Quantum has reported Receivables - Net for 6 years, with the latest figure at $8.9 million in Q1 2026.
- Quarterly Receivables - Net rose 751.1% year-over-year to $8.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.9 million (up 751.1% YoY) and the FY2025 annual result came in at $1.6 million, up 11.76% from the prior year.
- Receivables - Net advanced to $8.9 million in Q1 2026 per QBTS's latest filing, from $1.6 million in the prior quarter.
- Over five years, Receivables - Net peaked at $8.9 million in Q1 2026 and troughed at $419000.0 in Q3 2022.
- A 5-year average of $1.7 million and a median of $1.4 million in 2024 frame the typical range for Receivables - Net.
- The sharpest annual moves came in 2025 and 2026: Receivables - Net tumbled 39.65% in 2025, then surged 751.1% in 2026.
- Over 5 years, Receivables - Net stood at $757000.0 in 2022, then jumped by 118.23% to $1.7 million in 2023, then slipped by 14.04% to $1.4 million in 2024, then gained by 11.76% to $1.6 million in 2025, then soared by 461.5% to $8.9 million in 2026.
- According to Business Quant data, Receivables - Net over the past three periods registered $8.9 million, $1.6 million, and $1.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn |
| 10 | D-Wave Quantum | 7.35 Bn | 7.35 Bn | 1.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.91 Mn |
| Mar 31, 2026 | 8.91 Mn |
| Dec 31, 2025 | 1.59 Mn |
| Dec 31, 2025 | 1.59 Mn |
| Sep 30, 2025 | 1.93 Mn |
| Sep 30, 2025 | 1.93 Mn |
| Jun 30, 2025 | 1.44 Mn |
| Jun 30, 2025 | 1.44 Mn |
| Mar 31, 2025 | 1.05 Mn |
| Mar 31, 2025 | 1.05 Mn |
| Dec 31, 2024 | 1.42 Mn |
| Dec 31, 2024 | 1.42 Mn |
| Sep 30, 2024 | 1.46 Mn |
| Sep 30, 2024 | 1.46 Mn |
| Jun 30, 2024 | 1.57 Mn |
| Jun 30, 2024 | 1.57 Mn |
| Mar 31, 2024 | 1.74 Mn |
| Mar 31, 2024 | 1.74 Mn |
| Dec 31, 2023 | 1.65 Mn |
| Dec 31, 2023 | 1.65 Mn |