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
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D-Wave Quantum Inc. (QBTS) Shares outstanding
D-Wave Quantum Inc.'s shares outstanding at the end of fiscal 2025 was $321.2M, up 67.2% from $192.1M in fiscal 2024. At the end of the quarter to 30 June 2026 it was $370.8M. Over the past ten years it has ranged from $119.6M (fiscal 2022) to $321.2M (fiscal 2025) — the current reading is the highest in ten years. D-Wave Quantum Inc. ranks 8th of 39 Computer Hardware companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $321.2M | 67.18% |
| FY2024 | $192.1M | 39.23% |
| FY2023 | $138.0M | 15.33% |
| FY2022 | $119.6M | (4.54%) |
| FY2021 | $125.3M | (1.43%) |
| FY2020 | $127.2M | — |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $370.8M | 0.92% |
| Mar 2026 | $367.5M | 14.41% |
| Dec 2025 | $321.2M | (6.14%) |
| Sep 2025 | $342.2M | 13.20% |
| 22 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| IONQ IonQ, Inc. compare | $400.9M |
| QBTS D-Wave Quantum Inc. | $370.8M |
| RGTI Rigetti Computing, Inc. compare | $333.2M |
| CRCT Cricut, Inc. compare | $212.8M |
| LOGI Logitech International S.A. compare | $143.8M |
| CRSR Corsair Gaming, Inc. compare | $108.7M |
| QUBT Quantum Computing Inc. compare | $75.1M |
| IQMX IQM Quantum Computers Oyj compare | $17.3M |
| ADIG ADI Global Distribution Inc compare | — |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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