D-Wave Quantum (QBTS) Total Liabilities (2020 - 2026)
D-Wave Quantum's (QBTS) quarterly Total Liabilities came in at $75.3 million in Q2 2026, down 49.57% year-over-year from $149.3 million in Q2 2025, and little changed quarter-over-quarter from $75.6 million in Q1 2026.
Analysis
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 $75.3 million for Q2 2026.
- In Q2 2026, Total Liabilities fell 49.57% year-over-year to $75.3 million; the TTM figure through Jun 2026 stood at $75.3 million (down 49.57% YoY), while the FY2025 annual figure was $63.6 million, down 53.66% from the prior year.
- Total Liabilities came in at $75.3 million for Q2 2026 at D-Wave Quantum, roughly flat from $75.6 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 $29.4 million in Q1 2022.
- Average Total Liabilities over 5 years is $85.2 million, with a median of $76.0 million recorded in 2023.
- Year-over-year, Total Liabilities soared 427.09% in 2022 and plunged 53.66% in 2025.
- Over 5 years, 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 slumped by 53.66% to $63.6 million in 2025, then rose by 18.46% to $75.3 million in 2026.
- Per Business Quant data, the three most recent Total Liabilities figures were $75.3 million in Q2 2026, $75.6 million in Q1 2026, and $63.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | 3.44 Bn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | 75.32 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | 110.80 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | 47.17 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | 67.07 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | 4.76 Mn |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | 7.34 Mn |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | 7.73 Mn |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | 80.37 Mn |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | 70.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.32 Mn |
| 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 | 29.45 Mn |
| Dec 31, 2021 | 47.82 Mn |
| Sep 30, 2021 | -13.10 Mn |