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 has reported Total Debt for 7 years, with the latest figure 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.
  • Over five years, Total Debt peaked at $64.2 million in Q4 2023 and troughed at $14.9 million in Q3 2022.
  • A 5-year average of $41.3 million and a median of $34.9 million in 2022 frame the typical range for Total Debt.
  • The sharpest annual moves came in 2023 and 2024: Total Debt jumped 324.21% in 2023, then slumped 52.57% in 2024.
  • Over 5 years, Total Debt stood at $33.0 million in 2022, then jumped by 94.51% to $64.2 million in 2023, then plunged by 52.57% to $30.5 million in 2024, then rose by 17.99% to $36.0 million in 2025, then slipped by 1.1% to $35.6 million in 2026.
  • According to Business Quant data, Total Debt over the past three periods registered $35.6 million, $36.0 million, and $32.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 31.16 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn -
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn -
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 3.86 Bn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 3.16 Bn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn -
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 9.67 Bn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 181.30 Mn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn -
10 D-Wave Quantum 7.35 Bn 7.35 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 14.86 Mn
Jun 30, 2022 34.26 Mn
Dec 31, 2021 30.71 Mn
Dec 31, 2020 1.96 Mn