Sunday 1 November 2026
Export QBTS’s income statement to Excel — free account
D-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
10.65
0.91
−7.87%
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D-Wave Quantum Inc. (QBTS) P/E ratio
D-Wave Quantum Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 8.9× (November 2021) — the current reading is the lowest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 17 more quarters | Free account |
Against its own ten years
Low 0.0×
High 8.9×
Ten-year median
0.0×
Current reading's percentile
91
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| RGTI Rigetti Computing, Inc. compare | n/m |
| QBTS D-Wave Quantum Inc. | n/m |
| IONQ IonQ, Inc. compare | n/m |
| IQMX IQM Quantum Computers Oyj compare | n/m |
| QUBT Quantum Computing Inc. compare | n/m |
| CRCT Cricut, Inc. compare | 14.2× |
| LOGI Logitech International S.A. compare | 17.3× |
| CRSR Corsair Gaming, Inc. compare | 40.8× |
| ADIG ADI Global Distribution Inc compare | — |
| Computer Hardware industry median | 17.3× |
| Technology sector median | 27.6× |
| Market median | 18.6× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)