D-Wave Quantum (QBTS) Shares Outstanding (2020 - 2026)
D-Wave Quantum's (QBTS) quarterly Shares Outstanding came in at $370.0 million in Q1 2026, up 27.01% year-on-year from $291.4 million in Q1 2025, and up 3.15% quarter-over-quarter from $358.7 million in Q4 2025.
D-Wave Quantum (QBTS) Shares Outstanding (2020 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Shares Outstanding across 7 years of filings, most recently posting $370.0 million for Q1 2026.
- Shares Outstanding for Q1 2026 came in at $370.0 million, up 27.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $370.0 million (up 27.01% YoY), and the FY2025 annual result was $358.7 million, up 34.56% from the prior year.
- Shares Outstanding came in at $370.0 million for Q1 2026 at D-Wave Quantum, up from $358.7 million in the prior quarter.
- In the past five years, Shares Outstanding ranged from a high of $370.0 million in Q1 2026 to a low of $2.8 million in Q1 2022.
- The 5-year median for Shares Outstanding is $173.9 million (2024), against an average of $201.0 million.
- Across the five-year window, Shares Outstanding declined 5.41% in 2022 and soared 4399.7% in 2023, its largest moves.
- D-Wave Quantum's Shares Outstanding stood at $110.4 million in 2022, then jumped by 45.97% to $161.1 million in 2023, then soared by 65.47% to $266.6 million in 2024, then jumped by 34.56% to $358.7 million in 2025, then grew by 3.15% to $370.0 million in 2026.
- The last three Shares Outstanding figures came in at $370.0 million (Q1 2026), $358.7 million (Q4 2025), and $346.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 844.00 Mn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 148.00 Mn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 1.26 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 224.41 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 349.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 601.38 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 330.35 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 914.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 373.17 Mn |
| 10 | D-Wave Quantum | 8.82 Bn | 8.82 Bn | 1.82 Mn | 370.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 370.04 Mn |
| Mar 31, 2026 | 370.04 Mn |
| Mar 31, 2026 | 370.04 Mn |
| Mar 31, 2026 | 370.04 Mn |
| Mar 31, 2026 | 370.04 Mn |
| Mar 31, 2026 | 370.04 Mn |
| Mar 31, 2026 | 370.04 Mn |
| Mar 31, 2026 | 370.04 Mn |
| Dec 31, 2025 | 358.74 Mn |
| Dec 31, 2025 | 358.74 Mn |
| Dec 31, 2025 | 358.74 Mn |
| Dec 31, 2025 | 358.74 Mn |
| Dec 31, 2025 | 358.74 Mn |
| Dec 31, 2025 | 358.74 Mn |
| Dec 31, 2025 | 358.74 Mn |
| Dec 31, 2025 | 358.74 Mn |
| Sep 30, 2025 | 345.97 Mn |
| Sep 30, 2025 | 345.97 Mn |
| Sep 30, 2025 | 345.97 Mn |
| Sep 30, 2025 | 345.97 Mn |