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| Date | Value |
|---|---|
| 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 |