stockrowD-Wave Quantum Inc.
QBTS Technology Computer Hardware
D-Wave Quantum Inc.’s revenue for fiscal 2025 (year ended December 2025) was $24.6 million, up 178.5% from fiscal 2024.
- Revenue
- −0.61%
- EPS
- +76.4%
- Free cash flow
- −105.8%
- Total debt
- +9.27%
Quarter to June 2026, against a year earlier
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D-Wave Quantum Inc. (QBTS) Debt to equity
D-Wave Quantum Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.0×, down 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from −2.6× (fiscal 2023) to 0.5× (fiscal 2024); the current reading is higher than 83% of that period. That is above the Computer Hardware industry median of 0.0× and below the Technology sector median of 0.1×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.0× | (91.33%) |
| FY2024 | 0.5× | — |
| FY2023 | −2.6× | — |
| FY2022 | −1.1× | — |
| FY2021 | −1.7× | — |
| FY2020 | 0.0× | — |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 0.0× | 2.22% |
| Mar 2026 | 0.0× | (25.12%) |
| Dec 2025 | 0.0× | (12.08%) |
| Sep 2025 | 0.0× | 3.90% |
| 20 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| CRCT Cricut, Inc. compare | 0.0× |
| RGTI Rigetti Computing, Inc. compare | 0.0× |
| IONQ IonQ, Inc. compare | 0.0× |
| IQMX IQM Quantum Computers Oyj compare | 0.0× |
| LOGI Logitech International S.A. compare | 0.0× |
| QBTS D-Wave Quantum Inc. | 0.0× |
| QUBT Quantum Computing Inc. compare | 0.1× |
| CRSR Corsair Gaming, Inc. compare | 0.2× |
| ADIG ADI Global Distribution Inc compare | 0.4× |
| Computer Hardware industry median | 0.0× |
| Technology sector median | 0.1× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
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