D-Wave Quantum QBTS
NASDAQ QBTS
$16.42 -0.41 (-2.44%)
As of: Sep 15, 2026 · 3:59 PM EDT

D-Wave Quantum (QBTS) Total Debt (2020 - 2026)

D-Wave Quantum's (QBTS) quarterly Total Debt came in at $35.0 million in Q2 2026, up 9.27% year-over-year from $32.1 million in Q2 2025, and down 1.49% quarter-over-quarter from $35.6 million in Q1 2026.

Analysis

D-Wave Quantum (QBTS) Total Debt (2020 - 2026) Analysis & Trends

D-Wave Quantum has disclosed Total Debt across 7 years of filings, most recently posting $35.0 million for Q2 2026.

  • In Q2 2026, Total Debt rose 9.27% year-over-year to $35.0 million; the TTM figure through Jun 2026 stood at $35.0 million (up 9.27% YoY), while the FY2025 annual figure was $36.0 million, up 17.99% from the prior year.
  • Total Debt came in at $35.0 million for Q2 2026 at D-Wave Quantum, down from $35.6 million in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $64.2 million in Q4 2023 to a low of $15.3 million in Q3 2022.
  • Average Total Debt over 5 years is $42.2 million, with a median of $35.6 million recorded in 2026.
  • Year-over-year, Total Debt soared 312.55% in 2023 and sank 52.57% in 2024.
  • Over 5 years, Total Debt stood at $33.5 million in 2022, then surged by 92.07% to $64.2 million in 2023, then slumped by 52.57% to $30.5 million in 2024, then grew by 17.99% to $36.0 million in 2025, then dropped by 2.58% to $35.0 million in 2026.
  • Per Business Quant data, the three most recent Total Debt figures were $35.0 million in Q2 2026, $35.6 million in Q1 2026, and $36.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 IonQ 9.47 Bn 7.36 Bn 19.94 Mn -
2 D-Wave Quantum 6.07 Bn 6.07 Bn 1.70 Mn 35.03 Mn
3 Rigetti Computing 5.03 Bn 5.03 Bn 2.19 Mn 78.41 Mn
4 Quantum Computing 1.75 Bn 1.75 Bn -1.17 Mn -
5 Infleqtion 1.32 Bn 839.31 Mn 2.17 Mn -
6 BTQ Technologies 359.38 Mn 359.38 Mn - 19,398.98
7 Quantum eMotion 339.79 Mn 339.79 Mn - -
8 Arqit Quantum 251.50 Mn 251.50 Mn - -
9 Horizon Quantum Holdings 13.39 -113.25 Mn - 3,224.14 Bn
10 Xanadu Quantum Technologies 7.78 -312.78 Mn 1.38 Mn 32.54 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 35.03 Mn
Mar 31, 2026 35.56 Mn
Dec 31, 2025 35.96 Mn
Sep 30, 2025 32.20 Mn
Jun 30, 2025 32.06 Mn
Mar 31, 2025 30.72 Mn
Dec 31, 2024 30.48 Mn
Sep 30, 2024 46.08 Mn
Jun 30, 2024 64.12 Mn
Mar 31, 2024 63.41 Mn
Dec 31, 2023 64.25 Mn
Sep 30, 2023 63.03 Mn
Jun 30, 2023 48.02 Mn
Mar 31, 2023 32.40 Mn
Dec 31, 2022 33.45 Mn
Sep 30, 2022 15.28 Mn
Jun 30, 2022 55.61 Mn
Dec 31, 2021 30.71 Mn
Dec 31, 2020 1.96 Mn