D-Wave Quantum (QBTS) Receivables - Net (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Receivables - Net came in at $2.0 million in Q2 2026, up 40.01% year-over-year from $1.4 million in Q2 2025, and down 77.34% quarter-over-quarter from $8.9 million in Q1 2026.
Analysis
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 $2.0 million for Q2 2026.
- In Q2 2026, Receivables - Net rose 40.01% year-over-year to $2.0 million; the TTM figure through Jun 2026 stood at $2.0 million (up 40.01% YoY), while the FY2025 annual figure was $1.6 million, up 11.76% from the prior year.
- Receivables - Net came in at $2.0 million for Q2 2026 at D-Wave Quantum, down from $8.9 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.
- Average Receivables - Net over 5 years is $1.7 million, with a median of $1.4 million recorded in 2025.
- Year-over-year, Receivables - Net slumped 39.65% in 2025 and jumped 751.1% in 2026.
- Over 5 years, 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 increased by 27.22% to $2.0 million in 2026.
- Per Business Quant data, the three most recent Receivables - Net figures were $2.0 million in Q2 2026, $8.9 million in Q1 2026, and $1.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 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 |