D-Wave Quantum Inc./$QBTS
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About D-Wave Quantum Inc.
D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.
Ticker
$QBTS
Sector
Primary listing
NYSE
Employees
218
Headquarters
Website
QBTS Metrics
BasicAdvanced
$5.4B
-
-$0.59
0.89
-
Price and volume
Market cap
$5.4B
Beta
0.89
52-week high
$20.56
52-week low
$3.74
Average daily volume
44M
Financial strength
Current ratio
20.726
Quick ratio
20.359
Long term debt to equity
17.638
Total debt to equity
18.541
Interest coverage (TTM)
-23.80%
Profitability
EBITDA (TTM)
-69.742
Gross margin (TTM)
83.23%
Net profit margin (TTM)
-617.83%
Operating margin (TTM)
-332.34%
Revenue per employee (TTM)
$100,000
Management effectiveness
Return on assets (TTM)
-23.72%
Return on equity (TTM)
-154.89%
Valuation
Price to revenue (TTM)
179.664
Price to book
24.14
Price to tangible book (TTM)
24.2
Price to free cash flow (TTM)
-73.476
Free cash flow yield (TTM)
-1.36%
Free cash flow per share (TTM)
-0.234
Growth
Revenue change (TTM)
121.61%
Earnings per share change (TTM)
15.26%
3-year revenue growth (CAGR)
48.06%
3-year earnings per share growth (CAGR)
-62.07%
Bulls say / Bears say
D-Wave Quantum Inc. achieved a significant milestone by demonstrating 'quantum supremacy' with its 1,200-qubit Advantage2 prototype, solving a material simulation problem in 20 minutes—a task that would take a traditional supercomputer nearly a million years. This breakthrough positions D-Wave at the forefront of practical quantum computing applications. (ft.com)
The company reported record quarterly bookings of $18.3 million in Q4 2024, marking a 502% increase over the same period in 2023. This surge indicates growing market demand and successful commercialization of D-Wave's quantum solutions. (tipranks.com)
D-Wave's robust cash position, with over $300 million on hand as of March 31, 2025, provides a strong financial foundation to support ongoing research, development, and operational expansion, enhancing its competitive edge in the quantum computing industry. (sec.gov)
Despite impressive bookings, D-Wave's revenue for fiscal 2024 remained flat at $8.8 million, unchanged from fiscal 2023. This stagnation raises concerns about the company's ability to convert bookings into actual revenue growth. (businesswire.com)
The company reported a net loss of $143.9 million for fiscal 2024, significantly higher than the $82.7 million loss in the previous year. This increase was primarily due to a $68.3 million non-cash warrant liability re-measurement charge, highlighting financial volatility. (businesswire.com)
D-Wave's revenue for the third quarter of fiscal 2024 was $1.9 million, a 27% decrease from the same quarter in 2023. This decline indicates potential challenges in sustaining consistent revenue streams. (businesswire.com)
Data summarised monthly by Lightyear AI. Last updated on 11 Jul 2025.
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FAQs
What’s the current market cap for D-Wave Quantum Inc. stock?
D-Wave Quantum Inc. (QBTS) has a market cap of $5.4B as of August 06, 2025.
What is the P/E ratio for D-Wave Quantum Inc. stock?
The price to earnings (P/E) ratio for D-Wave Quantum Inc. (QBTS) stock is 0 as of August 06, 2025.
Does D-Wave Quantum Inc. stock pay dividends?
No, D-Wave Quantum Inc. (QBTS) stock does not pay dividends to its shareholders as of August 06, 2025.
When is the next D-Wave Quantum Inc. dividend payment date?
D-Wave Quantum Inc. (QBTS) stock does not pay dividends to its shareholders.
What is the beta indicator for D-Wave Quantum Inc.?
D-Wave Quantum Inc. (QBTS) has a beta rating of 0.89. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.