D-Wave Quantum Inc. (QBTS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the QBTS SEC filings page.
D-Wave Quantum Inc. (QBTS) reported $12.4M in revenue over the twelve months to Jun 30, 2026, down 44.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue scale-up improved gross margin, but operations still consume cash and the balance sheet is increasingly equity-funded.
Revenue nearly tripled from FY2024 to FY2025 while gross margin expanded from63.0% to82.6% , indicating a meaningful change in revenue economics rather than mere volume. Operating cash flow still ran at-$72.0M in FY2025, so improved gross profit did not yet fund the company’s operating cost base.
Revenue acceleration narrowed operating margin from
FY2025 financing cash flow was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of D-Wave Quantum Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
D-Wave Quantum Inc. held $886.9M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $72.0M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and D-Wave Quantum Inc. scores 96/100 among other emerging companies.
D-Wave Quantum Inc. had 367M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and D-Wave Quantum Inc. scores 14/100 among other emerging companies.
D-Wave Quantum Inc. spent $50.7M on research and development in fiscal year 2025, which was 40.6% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and D-Wave Quantum Inc. scores 71/100 among other emerging companies.
D-Wave Quantum Inc. reported revenue of $24.6M in fiscal year 2025, against $8.8M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and D-Wave Quantum Inc. scores 83/100 among other emerging companies.
D-Wave Quantum Inc.'s operations used $72.0M of cash in fiscal year 2025, against $42.6M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and D-Wave Quantum Inc. scores 38/100 among other emerging companies.
D-Wave Quantum Inc.'s cash, cash equivalents and investments came to $886.9M at the end of fiscal year 2025, against $63.6M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and D-Wave Quantum Inc. scores 98/100 among other emerging companies.
D-Wave Quantum Inc. scores 58.63, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($6.3B) relative to total liabilities ($63.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
D-Wave Quantum Inc. passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
D-Wave Quantum Inc. reported a net loss of $355.1M while operations used $72.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
D-Wave Quantum Inc. reported an operating loss of $100.4M against $4.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
D-Wave Quantum Inc. generated $3.1M in revenue in Q2 2026. This represents a decrease of 0.6% from the same quarter a year earlier. Against the prior quarter it is up 7.6%.
D-Wave Quantum Inc.'s EBITDA was -$48.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 85.7% from the same quarter a year earlier. Against the prior quarter it is up 4.6%.
D-Wave Quantum Inc. reported -$48.0M in net income in Q2 2026. This represents an increase of 71.3% from the same quarter a year earlier. Against the prior quarter it is down 161.6%.
D-Wave Quantum Inc. earned -$0.13 per diluted share (EPS) in Q2 2026. This represents an increase of 76.4% from the same quarter a year earlier. Against the prior quarter it is down 160.0%.
Cash & Balance Sheet
D-Wave Quantum Inc. recorded an outflow of $32.9M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 105.4% from the same quarter a year earlier. Against the prior quarter it is up 28.4%.
D-Wave Quantum Inc. held $296.6M in cash against $34.9M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
D-Wave Quantum Inc.'s gross margin was 55.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 8.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.2 percentage points.
D-Wave Quantum Inc.'s ROE was -4.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 19.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.8 percentage points.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
D-Wave Quantum Inc. invested $28.2M in research and development in Q2 2026. This represents an increase of 122.5% from the same quarter a year earlier. Against the prior quarter it is up 9.5%.
D-Wave Quantum Inc. invested $4.4M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 492.8% from the same quarter a year earlier. Against the prior quarter it is up 310.7%.
Not reported for Q2 2026.
QBTS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1M-0.6% | $2.9M-80.9% | $2.8M+19.2% | $3.7M+99.9% | $3.1M+41.8% | $15.0M+508.6% | $2.3M-20.5% | $1.9M-27.0% |
| Cost of Revenue | $1.4M+22.6% | $1.0M-7.5% | $968K+15.8% | $1.1M+29.4% | $1.1M+40.8% | $1.1M+39.5% | $836K-11.0% | $827K-19.9% |
| Gross Profit | $1.7M-13.8% | $1.8M-86.9% | $1.8M+21.1% | $2.7M+155.9% | $2.0M+42.4% | $13.9M+736.5% | $1.5M-25.1% | $1.0M-31.8% |
| R&D Expenses | $28.2M+122.5% | $25.8M+150.7% | $13.7M+40.2% | $14.1M+62.4% | $12.7M+51.9% | $10.3M+20.7% | $9.8M+22.6% | $8.7M-8.4% |
| SG&A Expenses | $15.4M+68.2% | $20.3M+154.8% | $14.7M+80.8% | $9.4M+1.3% | $9.2M+22.5% | $8.0M+5.2% | $8.1M-0.2% | $9.3M+15.7% |
| Operating Income | -$53.3M-101.0% | -$54.7M-384.7% | -$34.8M-72.2% | -$27.7M-34.4% | -$26.5M-40.7% | -$11.3M+35.5% | -$20.2M-22.3% | -$20.6M-12.1% |
| EBITDA | -$48.6M-85.7% | -$50.9M-366.6% | -$34.3M-73.6% | -$27.4M-34.3% | -$26.2M-40.4% | -$10.9M+36.9% | -$19.8M-21.7% | -$20.4M-12.2% |
| Interest Expense | $255K+23.8% | $259K+14.6% | N/A | N/A | $206K | $226K | N/A | N/A |
| Income Tax | $8K | -$28.5M | N/A | N/A | $0 | $0 | N/A | N/A |
| Net Income | -$48.0M+71.3% | -$18.4M-238.6% | -$42.3M+50.8% | -$140.0M-516.4% | -$167.3M-841.2% | -$5.4M+68.7% | -$86.1M-437.5% | -$22.7M-41.0% |
| EPS (Basic) | -$0.13+76.4% | -$0.05-150.0% | -$0.10+76.7% | -$0.41-272.7% | -$0.55-450.0% | -$0.02+81.8% | -$0.43-377.8% | -$0.11+8.3% |
| EPS (Diluted) | -$0.13+76.4% | -$0.05-150.0% | -$0.10 | -$0.41 | -$0.55 | -$0.02 | -$0.43 | -$0.11 |
| Diluted Shares (Avg) | 371M+22.7% | 367M+28.3% | N/A | 342M | 302M | 286M | N/A | 202M |
QBTS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2B+37.3% | $1.2B+268.5% | $915.8M+358.2% | $865.8M+1647.0% | $843.6M+1264.8% | $325.6M+569.9% | $199.9M+236.7% | $49.6M-29.4% |
| Current Assets | $560.6M-32.3% | $607.1M+95.3% | $896.2M+384.3% | $848.1M+2317.7% | $828.5M+1666.4% | $310.9M+822.8% | $185.0M+293.3% | $35.1M-39.7% |
| Cash & Equivalents | $296.6M-63.8% | $338.2M+11.1% | $635.3M+257.0% | $836.2M+2756.6% | $819.3M+1905.1% | $304.3M+1014.6% | $178.0M+330.9% | $29.3M-45.1% |
| Short-Term Investments | $249.6M | $250.2M | $249.1M | $0 | $0 | $0 | $0 | $0 |
| Inventory | $3.5M+42.5% | $2.9M+71.3% | $2.8M+64.7% | $2.8M+48.8% | $2.4M+15.1% | $1.7M-18.1% | $1.7M-18.9% | $1.9M-15.2% |
| Accounts Receivable | $2.0M+40.0% | $8.9M+751.1% | $1.6M+11.8% | $1.9M+32.3% | $1.4M-8.2% | $1.0M-39.7% | $1.4M-14.0% | $1.5M+90.8% |
| Long-Term Investments | $4.2M+64.4% | $4.2M+64.4% | $2.4M-7.1% | $3.4M+32.1% | $2.6M+7.4% | $2.6M0.0% | $2.6M+120.4% | $2.6M |
| Goodwill | $342.6M | $342.6M | $0 | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $75.3M-49.6% | $75.6M-36.1% | $63.6M-53.7% | $195.3M+193.7% | $149.3M+79.2% | $118.2M+38.2% | $137.2M+63.7% | $66.5M-22.1% |
| Current Liabilities | $27.3M+41.6% | $28.4M+89.1% | $21.1M-29.8% | $15.5M-39.9% | $19.3M-55.1% | $15.0M+38.1% | $30.1M+168.0% | $25.8M-40.7% |
| Non-Current Liabilities | $48.0M-63.1% | $47.2M-54.3% | $42.4M-60.4% | $179.8M+342.2% | $130.1M+222.1% | $103.2M+38.2% | $107.1M+47.5% | $40.6M-2.7% |
| Long-Term Debt | $34.9M+8.8% | $35.4M+16.6% | $35.8M+18.9% | $32.1M+0.1% | $32.1M+1.9% | $30.4M-51.8% | $30.1M-52.8% | $32.0M-2.5% |
| Total Equity | $1.1B+56.0% | $1.1B+442.1% | $852.2M+1260.4% | $670.6M+4064.3% | $694.3M+3327.0% | $207.4M+661.2% | $62.6M+355.9% | -$16.9M-11.9% |
| Retained Earnings | -$1.0B-31.1% | -$1.0B-58.2% | -$982.0M-56.6% | -$939.7M-73.7% | -$799.7M-54.3% | -$632.4M-26.4% | -$626.9M-29.8% | -$540.9M-15.8% |
QBTS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$28.5M-86.5% | -$45.0M-133.2% | -$18.4M-1010.9% | -$19.0M-5.4% | -$15.3M-5.7% | -$19.3M-59.1% | $2.0M+113.7% | -$18.1M-7.2% |
| Depreciation & Amortization | $4.7M+1282.4% | $3.8M+911.4% | $480K+51.9% | $300K+50.0% | $340K+70.0% | $376K+64.2% | $316K+39.8% | $200K0.0% |
| Stock-Based Compensation | $11.1M+66.6% | $8.0M+100.8% | N/A | $6.5M+59.2% | $6.7M+58.0% | $4.0M+13.8% | N/A | $4.1M-31.1% |
| Capital Expenditures | $4.4M+492.8% | $1.1M+146.8% | $1.7M+74.6% | $1.0M+232.0% | $749K+37.4% | $438K+43.6% | $950K+114.9% | $306K+393.5% |
| Free Cash Flow | -$32.9M-105.4% | -$46.0M-133.5% | -$20.0M-1977.3% | -$20.1M-9.2% | -$16.0M-6.8% | -$19.7M-58.7% | $1.1M+107.0% | -$18.4M-8.6% |
| Investing Cash Flow | -$8.5M-6139.7% | -$252.1M-50515.5% | -$249.6M-25815.7% | -$1.2M-227.9% | $141K+123.3% | -$498K+58.7% | -$963K-112.1% | -$369K-280.4% |
| Financing Cash Flow | -$4.7M-100.9% | -$143K-100.1% | $67.1M-54.5% | $37.1M+429.2% | $529.3M+1750.4% | $145.6M+20157.9% | $147.6M+4471.3% | $7.0M-88.8% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
QBTS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.4%-8.4pp | 63.6%-28.9pp | 64.8%+1.0pp | 71.4%+15.6pp | 63.8%+0.3pp | 92.5%+25.2pp | 63.8%-3.9pp | 55.8%-3.9pp |
| Operating Margin | -1732.0% | -1914.9% | -1266.0% | -741.8% | -856.3% | -75.3% | -876.2% | -1103.5% |
| Net Margin | -1561.4% | -642.3% | -1538.0% | -3743.9% | -5406.4% | -36.1% | -3727.9% | -1214.5% |
| Return on Equity | -4.4%+19.7pp | -1.6%+1.0pp | -5.0%+132.4pp | -20.9% | -24.1% | -2.6% | -137.4% | N/A |
| Return on Assets | -4.2%+15.7pp | -1.5%+0.1pp | -4.6%+38.5pp | -16.2%+29.7pp | -19.8%+8.9pp | -1.7%+34.0pp | -43.1%-16.1pp | -45.8%-22.9pp |
| Current Ratio | 20.55-22.4x | 21.41+0.7x | 42.38+36.2x | 54.68+53.3x | 42.99+41.9x | 20.73+17.6x | 6.14+2.0x | 1.360.0x |
| Debt-to-Equity | 0.030.0x | 0.03-0.1x | 0.04-0.4x | 0.05 | 0.05 | 0.15 | 0.48 | N/A |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.050.0x | 0.010.0x | 0.040.0x |
| FCF Margin | -1071.0% | -1611.0% | -727.9% | -536.5% | -518.1% | -131.4% | 46.2% | -982.8% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| D-Wave Quantum Inc. QBTS | FY2025 | $24.6M | -$355.1M | N/A | $6.3B | 67/100 |
| Rigetti Computing, Inc. RGTI | FY2025 | $7.1M | -$216.2M | N/A | $5.3B | 58/100 |
| Quantum Computing Inc. QUBT | FY2025 | $682K | -$18.7M | N/A | $1.9B | — |
| IonQ, Inc. IONQ | FY2025 | $130.0M | -$510.0M | N/A | $17.8B | 59/100 |
| Everpure, Inc. PSTG | FY2026 | $3.7B | $188.2M | 5.1% | $22.4B | 50/100 |
| Logitech International SA LOGI | FY2026 | $4.8B | $711.2M | 14.7% | $14.5B | 72/100 |
Where D-Wave Quantum Inc. Ranks
Frequently Asked Questions
What is D-Wave Quantum Inc.'s annual revenue?
D-Wave Quantum Inc. (QBTS) reported $24.6M in total revenue for fiscal year 2025. This represents a 178.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is D-Wave Quantum Inc.'s revenue growing?
D-Wave Quantum Inc. (QBTS) revenue grew by 178.5% year-over-year, from $8.8M to $24.6M in fiscal year 2025.
Is D-Wave Quantum Inc. profitable?
No, D-Wave Quantum Inc. (QBTS) reported a net income of -$355.1M in fiscal year 2025.
What is D-Wave Quantum Inc.'s EBITDA?
D-Wave Quantum Inc. (QBTS) had EBITDA of -$98.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does D-Wave Quantum Inc. have?
As of fiscal year 2025, D-Wave Quantum Inc. (QBTS) had $635.3M in cash and equivalents against $35.8M in long-term debt.
What is D-Wave Quantum Inc.'s gross margin?
D-Wave Quantum Inc. (QBTS) had a gross margin of 82.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is D-Wave Quantum Inc.'s return on equity (ROE)?
D-Wave Quantum Inc. (QBTS) has a return on equity of -41.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is D-Wave Quantum Inc.'s free cash flow?
D-Wave Quantum Inc. (QBTS) recorded an outflow of $75.8M in free cash flow during fiscal year 2025. This represents a -69.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is D-Wave Quantum Inc.'s operating cash flow?
D-Wave Quantum Inc. (QBTS) recorded an outflow of $72.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are D-Wave Quantum Inc.'s total assets?
D-Wave Quantum Inc. (QBTS) had $915.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are D-Wave Quantum Inc.'s capital expenditures?
D-Wave Quantum Inc. (QBTS) invested $3.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does D-Wave Quantum Inc. spend on research and development?
D-Wave Quantum Inc. (QBTS) invested $50.7M in research and development during fiscal year 2025.
What is D-Wave Quantum Inc.'s current ratio?
D-Wave Quantum Inc. (QBTS) had a current ratio of 42.38 as of fiscal year 2025, which is generally considered healthy.
What is D-Wave Quantum Inc.'s debt-to-equity ratio?
D-Wave Quantum Inc. (QBTS) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is D-Wave Quantum Inc.'s return on assets (ROA)?
D-Wave Quantum Inc. (QBTS) had a return on assets of -38.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is D-Wave Quantum Inc.'s P/E ratio?
D-Wave Quantum Inc. (QBTS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $6.3B as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is D-Wave Quantum Inc.'s price-to-sales ratio?
D-Wave Quantum Inc. (QBTS) trades at 506x sales, its market capitalization divided by revenue of $12.4M revenue, trailing 12 months to June 30, 2026. The market capitalization is $6.3B as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is D-Wave Quantum Inc.'s Altman Z-Score?
D-Wave Quantum Inc. (QBTS) has an Altman Z-Score of 58.63, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is D-Wave Quantum Inc.'s Piotroski F-Score?
D-Wave Quantum Inc. (QBTS) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are D-Wave Quantum Inc.'s earnings high quality?
D-Wave Quantum Inc. (QBTS) reported a net loss of $355.1M while operations used $72.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can D-Wave Quantum Inc. cover its interest payments?
D-Wave Quantum Inc. (QBTS) reported an operating loss of $100.4M against $4.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is D-Wave Quantum Inc.?
D-Wave Quantum Inc. (QBTS) scores 67 out of 100 on our Financial Health Score, indicating strong standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.