D-Wave Quantum QBTS Peer Comparison

NASDAQ QBTS
$15.22 -0.57 (-3.61%)
At close: Oct 7, 2026 · 4:00 PM EDT
Peer Comparison

361 Comparable Companies

Industry Group Infrastructure Software

D-Wave Quantum Inc. (QBTS) is the 76th largest of 361 Infrastructure Software companies by market capitalisation, at 5.66 Bn, behind Clear Secure at 5.74 Bn. The table below compares all 361 on 7 financial metrics, including companies with a secondary business in the group.

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# Symbol Company Industry Mkt Cap Price Chg % 1Y P/E P/S Enterprise Value
1 NVDA 2nd Nvidia AI Platforms 5.72 Tn 237.47 -0.74% +28.33% 29.78 18.89 5.50 Tn
2 MSFT 2nd Microsoft Operating Systems 3.93 Tn 529.76 +0.09% +1.10% 29.43 11.86 3.86 Tn
3 AVGO 2nd Broadcom Cybersecurity Software 1.80 Tn 376.51 +0.19% +11.92% 46.90 20.17 1.72 Tn
4 MA 2nd Mastercard Cybersecurity Software 496.33 Bn 570.04 +0.58% -1.69% 30.93 14.15 456.25 Bn
5 PLTR 2nd Palantir Technologies AI Platforms 466.45 Bn 194.12 +1.07% +6.56% 154.43 75.77 435.51 Bn
6 CSCO 2nd Cisco Systems Cybersecurity Software 463.22 Bn 117.39 -0.47% +70.16% 34.98 7.31 399.15 Bn
7 ORCL 2nd Oracle Data Infrastructure 434.13 Bn 143.56 -0.83% -49.49% 22.63 6.05 306.68 Bn
8 PANW Palo Alto Networks Cybersecurity Software 330.54 Bn 405.57 -3.42% +92.18% 989.49 28.79 315.61 Bn
9 ANET 2nd Arista Networks IT Operations Software 272.13 Bn 215.77 +0.16% +48.51% 67.22 25.82 225.58 Bn
10 CRWD CrowdStrike Holdings Cybersecurity Software 271.79 Bn 265.44 -4.81% +119.10% 4,628.85 50.37 252.23 Bn
11 IBM 2nd International Business Machines AI Platforms 207.71 Bn 220.47 -0.38% -24.98% 19.35 3.01 158.61 Bn
12 CRM 2nd Salesforce AI Platforms 184.80 Bn 224.54 -0.15% -6.34% 19.06 4.21 140.67 Bn
13 NOW 2nd ServiceNow IT Operations Software 142.54 Bn 137.85 -0.12% -23.78% 85.13 9.68 121.00 Bn
14 FTNT Fortinet Cybersecurity Software 138.86 Bn 189.28 -1.04% +122.89% 65.43 18.45 124.79 Bn
15 SNOW Snowflake Data Infrastructure 117.29 Bn 332.77 -0.93% +41.72% -106.55 21.58 104.60 Bn
16 NET 2nd Cloudflare Cybersecurity Software 110.45 Bn 342.82 -3.45% +57.70% -588.89 43.96 93.98 Bn
17 DDOG Datadog IT Operations Software 97.40 Bn 271.34 -2.48% +75.60% 544.34 24.55 79.04 Bn
18 ADBE 2nd Adobe AI Platforms 91.01 Bn 232.77 -2.25% -33.17% 12.62 3.50 66.26 Bn
19 GD 2nd General Dynamics Cybersecurity Software 88.35 Bn 326.54 -1.45% -4.92% 19.66 1.61 75.46 Bn
20 MSI 2nd Motorola Solutions Cybersecurity Software 74.21 Bn 448.37 -1.75% -2.21% 34.84 6.06 70.57 Bn
21 SLB 2nd Slb AI Platforms 71.18 Bn 47.96 -4.10% +39.38% 23.04 1.96 68.29 Bn
22 NBIS 2nd Nebius AI Platforms 60.00 Bn 237.15 -5.09% +101.49% 64.21 44.28 33.44 Bn
23 ALL 2nd Allstate Computer Vision 56.88 Bn 223.92 -0.16% +5.73% 4.35 0.81 18.12 Bn
24 TEAM 2nd Atlassian IT Operations Software 50.94 Bn 195.79 +0.93% +30.42% -946.30 7.75 44.22 Bn
25 ROK 2nd Rockwell Automation Cybersecurity Software 49.05 Bn 441.74 -2.00% +28.33% 40.86 5.47 47.24 Bn
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About these peers

Who are D-Wave Quantum Inc.'s peers and competitors?

D-Wave Quantum Inc. (QBTS) is compared with 361 US-listed companies in the Infrastructure Software industry group, of which 146 have it as their primary business and 215 run a substantial Infrastructure Software business alongside something else.

How are these peers chosen?

Peers are every company that BQ-MICS, our own multi-industry classification system, places in the same industry group as D-Wave Quantum Inc.. Unlike a single-label scheme, BQ-MICS assigns each company a primary industry and any secondary industries it genuinely operates in, and records the reasoning behind every assignment. Tap the info icon beside any ticker to read it.

What does "2nd" next to a ticker mean?

It marks a secondary match: the company operates a real business in this industry group, but it is not its largest. Tick "Primary business only" above the table to compare against pure plays alone.

How often is this peer comparison updated?

Prices, market caps and valuation figures refresh with each session's close. The classification itself is reviewed whenever a company's filings change what it does, such as a new segment, a disposal or an acquisition.

Can I compare these peers on other metrics?

Yes. Use Edit Columns above the table to add any of 1,000+ financial metrics and ratios to the comparison, and Download Data to export it.

D-Wave Quantum Inc. Peers API

Pull D-Wave Quantum Inc.'s industry peers, with any metrics you choose plus the industry median and average, in one call with the Business Quant Peers API. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/peers?ticker=QBTS&cols=Revenue%20(Quarter),Net%20Income%20(Quarter)&api_key=YOUR_API_KEY