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

10.69 1.64 +18.12%
Market cap
$3.4B
P/E
0.0×
Fwd P/E
−26.3×
Dividend yield
—
F-score
5/9
Altman Z
78.57
Beneish M
−2.93
Dividend safety
n/a

D-Wave Quantum Inc. (QBTS) Total debt

Alert me on Total debt

D-Wave Quantum Inc.'s total debt at the end of fiscal 2025 was $36.0M, up 18.0% from $30.5M in fiscal 2024. At the end of the quarter to 30 June 2026 it was $35.0M. Over the past ten years it has ranged from $30.5M (fiscal 2024) to $64.2M (fiscal 2023); the current reading is higher than 80% of that period. D-Wave Quantum Inc. ranks 16th of 42 Computer Hardware companies by total debt.

Total debt, annual

Embed this chart

Annual newest first

Period Total debt Change
FY2025 $36.0M 17.99%
FY2024 $30.5M (52.57%)
FY2023 $64.2M 94.51%
FY2022 $33.0M 7.57%
FY2021 $30.7M —

Quarterly newest first

Period Total debt Change
Jun 2026 $35.0M (1.49%)
Mar 2026 $35.6M (1.10%)
Dec 2025 $36.0M 11.68%
Sep 2025 $32.2M 0.43%
15 more quarters

Against its own ten years

Low $30.5M High $64.2M
Ten-year median $33.0M
Current reading's percentile 80

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

More on QBTS