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| 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 | 14.86 Mn |
| Jun 30, 2022 | 34.26 Mn |
| Dec 31, 2021 | 30.71 Mn |
| Dec 31, 2020 | 1.96 Mn |