D-Wave Quantum (QBTS) Shares Outstanding (Entity) (2020 - 2026)
D-Wave Quantum's Shares Outstanding (Entity) was 372.01 million in Q2 2026, up 9.5% from 339.84 million a year earlier and up 0.5% from the prior quarter.
Powered by 
Analysis
D-Wave Quantum (QBTS) Shares Outstanding (Entity) (2020 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at D-Wave Quantum came in at 358.74 million, up 86.7% from FY2024.
- Shares Outstanding (Entity) has now increased for three consecutive years, with a five-year compound annual growth rate of 23.1% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 192.13 million in FY2024 (+19.3%), 161.11 million in FY2023 (+42.2%), 113.34 million in FY2022 (-9.6%) and 125.34 million in FY2021 (-1.4%).
- The Q2 2026 figure marks the highest quarterly Shares Outstanding (Entity) in data going back to Q4 2020.
- Compared with a year earlier, Shares Outstanding (Entity) has increased for 14 straight quarters, with growth averaging 50.7% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Entity) over five years was Q4 2025 (growth of 86.7%); the worst was Q3 2022 (a decline of 12.0%).
- Per Business Quant data, QBTS's Shares Outstanding (Entity) in the three quarters before Q2 2026 was 370.04 million (Q1 2026), 358.74 million (Q4 2025) and 345.97 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | 815.00 Mn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | 1.02 Bn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | 733.60 Mn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | 352.46 Mn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 358.96 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | 167.14 Mn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | 163.06 Mn |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | 81.24 Mn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | 80.56 Mn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | 372.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 372.01 Mn |
| Mar 31, 2026 | 370.04 Mn |
| Dec 31, 2025 | 358.74 Mn |
| Sep 30, 2025 | 345.97 Mn |
| Jun 30, 2025 | 339.84 Mn |
| Mar 31, 2025 | 291.35 Mn |
| Dec 31, 2024 | 192.13 Mn |
| Sep 30, 2024 | 207.96 Mn |
| Jun 30, 2024 | 186.07 Mn |
| Mar 31, 2024 | 161.68 Mn |
| Dec 31, 2023 | 161.11 Mn |
| Sep 30, 2023 | 155.29 Mn |
| Jun 30, 2023 | 128.03 Mn |
| Mar 31, 2023 | 127.17 Mn |
| Dec 31, 2022 | 113.34 Mn |
| Sep 30, 2022 | 110.38 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 |
API Access
D-Wave Quantum Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();