D-Wave Quantum (QBTS) Receivables - Net (2021 - 2026)
D-Wave Quantum's Receivables - Net was $2.02 million in Q2 2026, up 40.0% from $1.44 million a year earlier but down 77.3% from the prior quarter.
Powered by 
Analysis
D-Wave Quantum (QBTS) Receivables - Net (2021 - 2026) Analysis & Trends
At the end of FY2025, Receivables - Net at D-Wave Quantum came in at $1.59 million, up 11.8% from FY2024.
- Receivables - Net shows a four-year compound annual growth rate of 39.3% (FY2021 to FY2025).
- In earlier years, Receivables - Net was $1.42 million in FY2024 (-14.0%), $1.65 million in FY2023 (+118.2%), $757,000 in FY2022 (+79.8%) and $421,000 in FY2021.
- Quarterly Receivables - Net has moved between $419,000 (Q3 2022) and $8.91 million (Q1 2026) over five years.
- Compared with a year earlier, Receivables - Net has increased for four straight quarters, with growth averaging 108.0% over the last eight quarters.
- The best year-over-year quarter for Receivables - Net over five years was Q1 2026 (growth of 751.1%); the worst was Q1 2025 (a decline of 39.7%).
- Per Business Quant data, QBTS's Receivables - Net in the three quarters before Q2 2026 was $8.91 million (Q1 2026), $1.59 million (Q4 2025) and $1.93 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.02 Mn |
| Mar 31, 2026 | 8.91 Mn |
| Dec 31, 2025 | 1.59 Mn |
| Sep 30, 2025 | 1.93 Mn |
| Jun 30, 2025 | 1.44 Mn |
| Mar 31, 2025 | 1.05 Mn |
| Dec 31, 2024 | 1.42 Mn |
| Sep 30, 2024 | 1.46 Mn |
| Jun 30, 2024 | 1.57 Mn |
| Mar 31, 2024 | 1.74 Mn |
| Dec 31, 2023 | 1.65 Mn |
| Sep 30, 2023 | 763,000.00 |
| Jun 30, 2023 | 803,000.00 |
| Mar 31, 2023 | 542,000.00 |
| Dec 31, 2022 | 757,000.00 |
| Sep 30, 2022 | 419,000.00 |
| Jun 30, 2022 | 918,000.00 |
| Dec 31, 2021 | 421,000.00 |
API Access
D-Wave Quantum Receivables - 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=receivables-net&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-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=receivables-net&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();