QBTS
D-Wave Quantum Inc.NYSETechnologyAs of 2026-04-06
Valuation
View DetailsP/E (TTM)
—
PEG
—
P/B
5.92
P/S
213.37
EV/EBITDA
-13.24
DCF Value
$-0.61
FCF Yield
-1.4%
Div Yield
0.0%
Margins & Returns
Gross Margin
82.6%
Operating Margin
-408.2%
Net Margin
-1444.1%
ROE
-58.6%
ROA
-38.8%
ROIC
-11.2%
Financials
View All| Period | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $2.8M | $-42.3M | $-0.12 |
| FY 2025 | $24.6M | $-355.1M | $-1.11 |
| Q3 2025 | $3.7M | $-140.0M | $-0.41 |
| Q2 2025 | $3.1M | $-167.3M | $-0.57 |
Analyst Ratings
View AllTrading Activity
Insider Trades
View AllCompany Info
Sector
Technology
Industry
—
Country
CA
Exchange
NYSE
Beta
1.77
D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.