D-Wave Quantum (QBTS) Total Liabilities (2020 - 2026)
D-Wave Quantum's (QBTS) quarterly Total Liabilities came in at $75.6 million in Q1 2026, down 36.08% year-on-year from $118.2 million in Q1 2025, and up 18.84% quarter-over-quarter from $63.6 million in Q4 2025.
D-Wave Quantum (QBTS) Total Liabilities (2020 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Total Liabilities across 7 years of filings, most recently posting $75.6 million for Q1 2026.
- Total Liabilities for Q1 2026 came in at $75.6 million, down 36.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.6 million (down 36.08% YoY), and the FY2025 annual result was $63.6 million, down 53.66% from the prior year.
- Total Liabilities came in at $75.6 million for Q1 2026 at D-Wave Quantum, up from $63.6 million in the prior quarter.
- In the past five years, Total Liabilities ranged from a high of $195.3 million in Q3 2025 to a low of $29.2 million in Q1 2022.
- The 5-year median for Total Liabilities is $76.4 million (2023), against an average of $85.7 million.
- Across the five-year window, Total Liabilities surged 427.09% in 2022 and sank 53.66% in 2025, its largest moves.
- D-Wave Quantum's Total Liabilities stood at $56.4 million in 2022, then soared by 48.62% to $83.8 million in 2023, then surged by 63.66% to $137.2 million in 2024, then plunged by 53.66% to $63.6 million in 2025, then rose by 18.84% to $75.6 million in 2026.
- The last three Total Liabilities figures came in at $75.6 million (Q1 2026), $63.6 million (Q4 2025), and $195.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 103.76 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 3.30 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 8.17 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 7.80 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 5.37 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 15.88 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 3.23 Bn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 43.08 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 1.70 Bn |
| 10 | D-Wave Quantum | 8.82 Bn | 8.82 Bn | 1.82 Mn | 75.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.56 Mn |
| Dec 31, 2025 | 63.58 Mn |
| Sep 30, 2025 | 195.27 Mn |
| Jun 30, 2025 | 149.35 Mn |
| Mar 31, 2025 | 118.21 Mn |
| Dec 31, 2024 | 137.21 Mn |
| Sep 30, 2024 | 66.48 Mn |
| Jun 30, 2024 | 83.33 Mn |
| Mar 31, 2024 | 85.56 Mn |
| Dec 31, 2023 | 83.84 Mn |
| Sep 30, 2023 | 85.30 Mn |
| Jun 30, 2023 | 76.44 Mn |
| Mar 31, 2023 | 58.12 Mn |
| Dec 31, 2022 | 56.41 Mn |
| Sep 30, 2022 | 37.92 Mn |
| Jun 30, 2022 | 55.78 Mn |
| Mar 31, 2022 | 29.19 Mn |
| Dec 31, 2021 | 47.82 Mn |
| Sep 30, 2021 | -13.10 Mn |
| Jun 30, 2021 | -17.05 Mn |