D-Wave Quantum (QBTS) Work In Process (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Work In Process came in at $95000.0 in Q2 2026, up 4650.0% year-over-year from $2000.0 in Q2 2025, and up 216.67% quarter-over-quarter from $30000.0 in Q4 2025.
Analysis
D-Wave Quantum (QBTS) Work In Process (2021 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Work In Process across 6 years of filings, most recently posting $95000.0 for Q2 2026.
- In Q2 2026, Work In Process rose 4650.0% year-over-year to $95000.0; the TTM figure through Jun 2026 stood at $95000.0 (up 4650.0% YoY), while the FY2025 annual figure was $30000.0, up 233.33% from the prior year.
- Work In Process came in at $95000.0 for Q2 2026 at D-Wave Quantum, up from $30000.0 in the prior quarter.
- In the past five years, Work In Process ranged from a high of $95000.0 in Q2 2026 to a low of $2000.0 in Q2 2025.
- Average Work In Process over 5 years is $26272.7, with a median of $25000.0 recorded in 2024.
- Year-over-year, Work In Process slumped 92.86% in 2025 and jumped 4650.0% in 2026.
- Over 5 years, Work In Process stood at $26000.0 in 2022, then changed by 0.0% to $26000.0 in 2023, then plunged by 65.38% to $9000.0 in 2024, then jumped by 233.33% to $30000.0 in 2025, then jumped by 216.67% to $95000.0 in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $95000.0 in Q2 2026, $30000.0 in Q4 2025, and $17000.0 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 95,000.00 |
| Dec 31, 2025 | 30,000.00 |
| Sep 30, 2025 | 17,000.00 |
| Jun 30, 2025 | 2,000.00 |
| Mar 31, 2025 | 14,000.00 |
| Dec 31, 2024 | 9,000.00 |
| Sep 30, 2024 | 17,000.00 |
| Jun 30, 2024 | 28,000.00 |
| Mar 31, 2024 | 25,000.00 |
| Dec 31, 2023 | 26,000.00 |
| Dec 31, 2022 | 26,000.00 |
| Dec 31, 2021 | 11,000.00 |