D-Wave Quantum (QBTS) Shares Outstanding (2020 - 2026)
D-Wave Quantum (QBTS) posted Shares Outstanding (Entity) of $370.0 million for Q1 2026, up 3.15% sequentially from $358.7 million in Q4 2025, and up 27.01% YoY from $291.4 million in Q1 2025.
D-Wave Quantum (QBTS) Shares Outstanding (2020 - 2026) Analysis & Trends
D-Wave Quantum has reported Shares Outstanding (Entity) for 7 years, with the latest figure at $370.0 million in Q1 2026.
- Quarterly Shares Outstanding (Entity) rose 27.01% year-over-year to $370.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $370.0 million (up 27.01% YoY) and the FY2025 annual result came in at $358.7 million, up 86.72% from the prior year.
- Shares Outstanding (Entity) improved to $370.0 million in Q1 2026 per QBTS's latest filing, from $358.7 million in the prior quarter.
- Over five years, Shares Outstanding (Entity) peaked at $370.0 million in Q1 2026 and troughed at $110.4 million in Q3 2022.
- A 5-year average of $205.1 million and a median of $161.7 million in 2024 frame the typical range for Shares Outstanding (Entity).
- The sharpest annual moves came in 2022 and 2025: Shares Outstanding (Entity) retreated 11.95% in 2022, then surged 86.72% in 2025.
- Over 5 years, Shares Outstanding (Entity) stood at $113.3 million in 2022, then soared by 42.16% to $161.1 million in 2023, then climbed by 19.25% to $192.1 million in 2024, then soared by 86.72% to $358.7 million in 2025, then rose by 3.15% to $370.0 million in 2026.
- According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $370.0 million, $358.7 million, and $346.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 649.00 Mn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 1.26 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 148.00 Mn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 221.00 Mn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 342.00 Mn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 331.15 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 922.00 Mn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 600.21 Mn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 143.50 Mn |
| 10 | D-Wave Quantum | 7.35 Bn | 7.35 Bn | 1.82 Mn | 367.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 367.47 Mn |
| Dec 31, 2025 | 321.20 Mn |
| Sep 30, 2025 | 342.20 Mn |
| Jun 30, 2025 | 302.29 Mn |
| Mar 31, 2025 | 286.42 Mn |
| Dec 31, 2024 | 192.13 Mn |
| Sep 30, 2024 | 201.59 Mn |
| Jun 30, 2024 | 172.14 Mn |
| Mar 31, 2024 | 161.31 Mn |
| Dec 31, 2023 | 137.99 Mn |
| Sep 30, 2023 | 133.22 Mn |
| Jun 30, 2023 | 127.34 Mn |
| Mar 31, 2023 | 123.14 Mn |
| Dec 31, 2022 | 119.65 Mn |
| Sep 30, 2022 | 116.26 Mn |
| Jun 30, 2022 | 112.02 Mn |
| Mar 31, 2022 | 125.39 Mn |
| Dec 31, 2021 | 125.34 Mn |
| Sep 30, 2021 | 125.36 Mn |
| Jun 30, 2021 | 111.88 Mn |