D-Wave Quantum (QBTS) Share-based Compensation (2021 - 2026)
D-Wave Quantum (QBTS) recorded Share-based Compensation of $11.11 million in Q2 2026, up 66.6% from $6.67 million a year earlier and up 38.6% from the prior quarter.
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Analysis
D-Wave Quantum (QBTS) Share-based Compensation (2021 - 2026) Analysis & Trends
On a TTM basis, D-Wave Quantum's Share-based Compensation came in at $31.13 million as of Jun 30, 2026, up 67.4% year-over-year; for FY2025, it was $22.66 million, up 44.7% from FY2024.
- Annual Share-based Compensation has a five-year compound annual growth rate of 49.9% (FY2020 to FY2025).
- Across earlier years, Share-based Compensation came in at $15.66 million in FY2024 (-28.6%), $21.92 million in FY2023 (+139.2%), $9.16 million in FY2022 (+427.0%) and $1.74 million in FY2021 (-41.8%).
- The Q2 2026 figure is the highest quarterly Share-based Compensation in data going back to Q3 2021.
- On a year-over-year basis, Share-based Compensation has increased for six consecutive quarters, with growth averaging 36.9% over the last eight quarters.
- Peak year-over-year performance for Share-based Compensation in the last five years was growth of 762.7% in Q1 2023, against a decline of 48.1% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.02 million (Q1 2026), $5.54 million (Q4 2025) and $6.46 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | 460.00 Mn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | 376.91 Mn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | 79.30 Mn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | 423.58 Mn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 220.25 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | 114.00 Mn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | - |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | 144.00 Mn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | 148.94 Mn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | 11.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.11 Mn |
| Mar 31, 2026 | 8.02 Mn |
| Dec 31, 2025 | 5.54 Mn |
| Sep 30, 2025 | 6.46 Mn |
| Jun 30, 2025 | 6.67 Mn |
| Mar 31, 2025 | 3.99 Mn |
| Dec 31, 2024 | 3.88 Mn |
| Sep 30, 2024 | 4.05 Mn |
| Jun 30, 2024 | 4.22 Mn |
| Mar 31, 2024 | 3.51 Mn |
| Dec 31, 2023 | 4.56 Mn |
| Sep 30, 2023 | 5.89 Mn |
| Jun 30, 2023 | 4.72 Mn |
| Mar 31, 2023 | 6.76 Mn |
| Dec 31, 2022 | 5.81 Mn |
| Sep 30, 2022 | 1.76 Mn |
| Jun 30, 2022 | 817,000.00 |
| Mar 31, 2022 | 783,000.00 |
| Dec 31, 2021 | 1.18 Mn |
| Sep 30, 2021 | 225,000.00 |
API Access
D-Wave Quantum Share-based Compensation 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=share-based-compensation&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();