D-Wave Quantum (QBTS) Shares Outstanding (Diluted Average) (2020 - 2026)

D-Wave Quantum's (QBTS) quarterly Shares Outstanding (Diluted Average) came in at $367.5 million in Q1 2026, up 28.3% year-on-year from $286.4 million in Q1 2025, and up 14.41% quarter-over-quarter from $321.2 million in Q4 2025.

D-Wave Quantum (QBTS) Shares Outstanding (Diluted Average) (2020 - 2026) Analysis & Trends

D-Wave Quantum has disclosed Shares Outstanding (Diluted Average) across 7 years of filings, most recently posting $367.5 million for Q1 2026.

  • Shares Outstanding (Diluted Average) for Q1 2026 came in at $367.5 million, up 28.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $367.5 million (up 28.3% YoY), and the FY2025 annual result was $321.2 million, up 67.18% from the prior year.
  • Shares Outstanding (Diluted Average) came in at $367.5 million for Q1 2026 at D-Wave Quantum, up from $321.2 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $367.5 million in Q1 2026 to a low of $122.3 million in Q3 2022.
  • The 5-year median for Shares Outstanding (Diluted Average) is $164.0 million (2024), against an average of $201.8 million.
  • Across the five-year window, Shares Outstanding (Diluted Average) dropped 2.41% in 2022 and surged 77.56% in 2025, its largest moves.
  • D-Wave Quantum's Shares Outstanding (Diluted Average) stood at $122.3 million in 2022, then climbed by 12.8% to $138.0 million in 2023, then soared by 39.23% to $192.1 million in 2024, then soared by 67.18% to $321.2 million in 2025, then rose by 14.41% to $367.5 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $367.5 million (Q1 2026), $321.2 million (Q4 2025), and $342.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn -
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 154.00 Mn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 1.27 Bn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 229.00 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 692.19 Mn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 342.99 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 928.00 Mn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -
10 D-Wave Quantum 8.82 Bn 8.82 Bn 1.82 Mn 367.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 367.47 Mn
Dec 31, 2025 321.20 Mn
Sep 30, 2025 342.20 Mn
Jun 30, 2025 294.40 Mn
Mar 31, 2025 286.42 Mn
Dec 31, 2024 192.13 Mn
Sep 30, 2024 201.59 Mn
Jun 30, 2024 166.72 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
Sep 30, 2022 122.34 Mn
Jun 30, 2022 125.43 Mn
Mar 31, 2022 125.39 Mn
Sep 30, 2021 125.36 Mn
Jun 30, 2021 111.88 Mn
Dec 31, 2020 127.16 Mn