D-Wave Quantum Inc. (QBTS)
NYSE: QBTS · Real-Time Price · USD
18.65
+0.14 (0.76%)
At close: Aug 13, 2025, 4:00 PM
18.56
-0.09 (-0.48%)
Pre-market: Aug 14, 2025, 6:36 AM EDT

D-Wave Quantum Statistics

Total Valuation

D-Wave Quantum has a market cap or net worth of $6.38 billion. The enterprise value is $5.60 billion.

Market Cap 6.38B
Enterprise Value 5.60B

Important Dates

The last earnings date was Thursday, August 7, 2025, before market open.

Earnings Date Aug 7, 2025
Ex-Dividend Date n/a

Share Statistics

D-Wave Quantum has 342.02 million shares outstanding. The number of shares has increased by 61.26% in one year.

Current Share Class 338.61M
Shares Outstanding 342.02M
Shares Change (YoY) +61.26%
Shares Change (QoQ) +5.54%
Owned by Insiders (%) 1.22%
Owned by Institutions (%) 38.84%
Float 331.64M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 214.31
Forward PS 318.49
PB Ratio 9.13
P/TBV Ratio 9.20
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 251.37
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 42.99, with a Debt / Equity ratio of 0.06.

Current Ratio 42.99
Quick Ratio 42.64
Debt / Equity 0.06
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -38.77

Financial Efficiency

Return on equity (ROE) is -83.70% and return on invested capital (ROIC) is -12.52%.

Return on Equity (ROE) -83.70%
Return on Assets (ROA) -10.86%
Return on Invested Capital (ROIC) -12.52%
Return on Capital Employed (ROCE) -9.54%
Revenue Per Employee $101,250
Profits Per Employee -$1.28M
Employee Count 220
Asset Turnover 0.05
Inventory Turnover 1.71

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +2,016.43% in the last 52 weeks. The beta is 1.40, so D-Wave Quantum's price volatility has been higher than the market average.

Beta (5Y) 1.40
52-Week Price Change +2,016.43%
50-Day Moving Average 16.81
200-Day Moving Average 9.22
Relative Strength Index (RSI) 57.20
Average Volume (20 Days) 49,602,074

Short Selling Information

The latest short interest is 57.65 million, so 16.86% of the outstanding shares have been sold short.

Short Interest 57.65M
Short Previous Month 60.64M
Short % of Shares Out 16.86%
Short % of Float 17.38%
Short Ratio (days to cover) 1.27

Income Statement

In the last 12 months, D-Wave Quantum had revenue of $22.28 million and -$281.54 million in losses. Loss per share was -$1.10.

Revenue 22.28M
Gross Profit 18.37M
Operating Income -78.66M
Pretax Income -131.99M
Net Income -281.54M
EBITDA -77.35M
EBIT -78.66M
Loss Per Share -$1.10
Full Income Statement

Balance Sheet

The company has $819.31 million in cash and $39.98 million in debt, giving a net cash position of $779.33 million or $2.28 per share.

Cash & Cash Equivalents 819.31M
Total Debt 39.98M
Net Cash 779.33M
Net Cash Per Share $2.28
Equity (Book Value) 694.25M
Book Value Per Share 2.04
Working Capital 809.27M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$50.62 million and capital expenditures -$2.44 million, giving a free cash flow of -$53.06 million.

Operating Cash Flow -50.62M
Capital Expenditures -2.44M
Free Cash Flow -53.06M
FCF Per Share -$0.16
Full Cash Flow Statement

Margins

Gross Margin 82.46%
Operating Margin -353.14%
Pretax Margin -1,263.92%
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin n/a

Dividends & Yields

D-Wave Quantum does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -61.26%
Shareholder Yield -61.26%
Earnings Yield -4.41%
FCF Yield -0.83%

Analyst Forecast

The average price target for D-Wave Quantum is $19.40, which is 4.02% higher than the current price. The consensus rating is "Strong Buy".

Price Target $19.40
Price Target Difference 4.02%
Analyst Consensus Strong Buy
Analyst Count 10
Revenue Growth Forecast (5Y) 83.49%
EPS Growth Forecast (5Y) -41.57%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

D-Wave Quantum has an Altman Z-Score of 5.81 and a Piotroski F-Score of 3.

Altman Z-Score 5.81
Piotroski F-Score 3