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) Free cash flow
D-Wave Quantum Inc.'s free cash flow for fiscal 2025 was −$76.3M, compared with −$45.0M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$119.8M. Over the past ten years it has ranged from −$76.3M (fiscal 2025) to −$30.1M (fiscal 2020) — the current reading is the lowest in ten years. D-Wave Quantum Inc. ranks 39th of 42 Computer Hardware companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | −$76.3M | — |
| FY2024 | −$45.0M | — |
| FY2023 | −$61.3M | — |
| FY2022 | −$45.7M | — |
| FY2021 | −$36.8M | — |
| FY2020 | −$30.1M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | −$33.1M | — |
| Mar 2026 | −$46.2M | — |
| Dec 2025 | −$20.2M | — |
| Sep 2025 | −$20.3M | — |
| 19 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| LOGI Logitech International S.A. compare | $953.4M |
| CRCT Cricut, Inc. compare | $183.3M |
| CRSR Corsair Gaming, Inc. compare | $114.3M |
| IQMX IQM Quantum Computers Oyj compare | −$224.5K |
| QUBT Quantum Computing Inc. compare | −$20.6M |
| RGTI Rigetti Computing, Inc. compare | −$87.6M |
| QBTS D-Wave Quantum Inc. | −$119.8M |
| IONQ IonQ, Inc. compare | −$644.8M |
| ADIG ADI Global Distribution Inc compare | — |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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