D-Wave Quantum (QBTS) Shares Issued (2021 - 2025)

D-Wave Quantum's (QBTS) quarterly Shares Issued came in at $63.7 million in Q4 2025, up 59.69% quarter-over-quarter from $39.9 million in Q3 2025.

D-Wave Quantum (QBTS) Shares Issued (2021 - 2025) Analysis & Trends

D-Wave Quantum has disclosed Shares Issued across 5 years of filings, most recently posting $63.7 million for Q4 2025.

  • Shares Issued for Q4 2025 came in at $63.7 million, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was $141.4 million (up 942426.67% YoY), and the FY2025 annual result was $202.9 million, changed N/A from the prior year.
  • Shares Issued came in at $63.7 million for Q4 2025 at D-Wave Quantum, up from $39.9 million in the prior quarter.
  • In the past five years, Shares Issued ranged from a high of $63.7 million in Q4 2025 to a low of -$59.4 million in Q4 2023.
  • The 5-year median for Shares Issued is $113000.0 (2021), against an average of $11.4 million.
  • Across the five-year window, Shares Issued sank 478.66% in 2023 and soared 107797.14% in 2025, its largest moves.
  • D-Wave Quantum's Shares Issued stood at $85000.0 in 2021, then soared by 18370.59% to $15.7 million in 2022, then tumbled by 478.66% to -$59.4 million in 2023, then surged by 99.93% to -$43000.0 in 2024, then soared by 148274.42% to $63.7 million in 2025.
  • The last three Shares Issued figures came in at $63.7 million (Q4 2025), $39.9 million (Q3 2025), and $37.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Issued (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 29.90 Mn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 27.00 Mn
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 5.42 Mn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 176,000.00
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn -
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 2.20 Mn
10 D-Wave Quantum 8.82 Bn 8.82 Bn 1.82 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 63.72 Mn
Dec 31, 2025 63.72 Mn
Sep 30, 2025 39.90 Mn
Sep 30, 2025 39.90 Mn
Jun 30, 2025 37.76 Mn
Jun 30, 2025 37.76 Mn
Mar 31, 2025 23,000.00
Mar 31, 2025 23,000.00
Sep 30, 2024 -43,000.00
Sep 30, 2024 -43,000.00
Jun 30, 2024 35,000.00
Jun 30, 2024 35,000.00
Mar 31, 2024 8,000.00
Mar 31, 2024 8,000.00
Dec 31, 2023 -59.45 Mn
Dec 31, 2023 -59.45 Mn
Sep 30, 2023 45.66 Mn
Sep 30, 2023 45.66 Mn
Mar 31, 2023 15.68 Mn
Mar 31, 2023 15.68 Mn