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

D-Wave Quantum (QBTS) posted Total Debt of $35.6 million for Q1 2026, down 1.1% sequentially from $36.0 million in Q4 2025, and up 15.78% YoY from $30.7 million in Q1 2025.

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

D-Wave Quantum (QBTS) has 7 years of Total Debt data on file, last reported at $35.6 million in Q1 2026.

  • Quarterly Total Debt rose 15.78% year-over-year to $35.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $35.6 million (up 15.78% YoY) and the FY2025 annual result came in at $36.0 million, up 17.99% from the prior year.
  • Total Debt eased to $35.6 million in Q1 2026 per QBTS's latest filing, from $36.0 million in the prior quarter.
  • The five-year high for Total Debt was $64.2 million in Q4 2023, with the low at $12.7 million in Q3 2022.
  • Average Total Debt over 5 years is $41.1 million, with a median of $34.9 million recorded in 2022.
  • Year-over-year, Total Debt soared 398.02% in 2023 and plunged 52.57% in 2024.
  • D-Wave Quantum's Total Debt stood at $33.0 million in 2022, then surged by 94.51% to $64.2 million in 2023, then sank by 52.57% to $30.5 million in 2024, then gained by 17.99% to $36.0 million in 2025, then dropped by 1.1% to $35.6 million in 2026.
  • Business Quant data shows QBTS's Total Debt at $35.6 million in Q1 2026, $36.0 million in Q4 2025, and $32.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn -
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 31.16 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn -
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 1.58 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 3.86 Bn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn -
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 9.67 Bn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 30.00 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn -
10 D-Wave Quantum 8.64 Bn 8.64 Bn 1.82 Mn 35.56 Mn

Historic Data

Download Data
DateValue
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 33.03 Mn
Sep 30, 2022 12.66 Mn
Jun 30, 2022 34.26 Mn
Dec 31, 2021 30.71 Mn
Dec 31, 2020 1.96 Mn