D-Wave Quantum (QBTS) Receivables - Net (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Receivables - Net came in at $8.9 million in Q1 2026, up 751.1% year-on-year from $1.0 million in Q1 2025, and up 461.5% quarter-over-quarter from $1.6 million in Q4 2025.
D-Wave Quantum (QBTS) Receivables - Net (2021 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Receivables - Net across 6 years of filings, most recently posting $8.9 million for Q1 2026.
- Receivables - Net for Q1 2026 came in at $8.9 million, up 751.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.9 million (up 751.1% YoY), and the FY2025 annual result was $1.6 million, up 11.76% from the prior year.
- Receivables - Net came in at $8.9 million for Q1 2026 at D-Wave Quantum, up from $1.6 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $8.9 million in Q1 2026 to a low of $419000.0 in Q3 2022.
- The 5-year median for Receivables - Net is $1.4 million (2024), against an average of $1.7 million.
- Across the five-year window, Receivables - Net tumbled 39.65% in 2025 and soared 751.1% in 2026, its largest moves.
- D-Wave Quantum's Receivables - Net stood at $757000.0 in 2022, then surged by 118.23% to $1.7 million in 2023, then retreated by 14.04% to $1.4 million in 2024, then increased by 11.76% to $1.6 million in 2025, then jumped by 461.5% to $8.9 million in 2026.
- The last three Receivables - Net figures came in at $8.9 million (Q1 2026), $1.6 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn |
| 10 | D-Wave Quantum | 8.82 Bn | 8.82 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 |