D-Wave Quantum Inc. (QBTS)
NYSE: QBTS · Real-Time Price · USD
17.68
+0.57 (3.33%)
At close: Jun 3, 2025, 4:00 PM
17.31
-0.37 (-2.09%)
Pre-market: Jun 4, 2025, 5:13 AM EDT

D-Wave Quantum Statistics

Total Valuation

D-Wave Quantum has a market cap or net worth of $5.17 billion. The enterprise value is $4.90 billion.

Market Cap 5.17B
Enterprise Value 4.90B

Important Dates

The last earnings date was Thursday, May 8, 2025, before market open.

Earnings Date May 8, 2025
Ex-Dividend Date n/a

Share Statistics

D-Wave Quantum has 292.19 million shares outstanding. The number of shares has increased by 51.43% in one year.

Current Share Class 288.67M
Shares Outstanding 292.19M
Shares Change (YoY) +51.43%
Shares Change (QoQ) +22.93%
Owned by Insiders (%) 1.42%
Owned by Institutions (%) 33.94%
Float 279.89M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 184.89
Forward PS 293.34
PB Ratio 24.84
P/TBV Ratio 24.97
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 229.37
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 20.73, with a Debt / Equity ratio of 0.19.

Current Ratio 20.73
Quick Ratio 20.36
Debt / Equity 0.19
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -23.80

Financial Efficiency

Return on equity (ROE) is -154.89% and return on invested capital (ROIC) is -31.61%.

Return on Equity (ROE) -154.89%
Return on Assets (ROA) -23.72%
Return on Invested Capital (ROIC) -31.61%
Return on Capital Employed (ROCE) -22.86%
Revenue Per Employee $97,105
Profits Per Employee -$599,945
Employee Count 220
Asset Turnover 0.11
Inventory Turnover 1.89

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +1,209.63% in the last 52 weeks. The beta is 1.48, so D-Wave Quantum's price volatility has been higher than the market average.

Beta (5Y) 1.48
52-Week Price Change +1,209.63%
50-Day Moving Average 9.87
200-Day Moving Average 5.35
Relative Strength Index (RSI) 69.97
Average Volume (20 Days) 117,459,832

Short Selling Information

The latest short interest is 52.04 million, so 17.81% of the outstanding shares have been sold short.

Short Interest 52.04M
Short Previous Month 48.03M
Short % of Shares Out 17.81%
Short % of Float 18.59%
Short Ratio (days to cover) 1.02

Income Statement

In the last 12 months, D-Wave Quantum had revenue of $21.36 million and -$131.99 million in losses. Loss per share was -$0.59.

Revenue 21.36M
Gross Profit 17.78M
Operating Income -71.00M
Pretax Income n/a
Net Income -131.99M
EBITDA -69.74M
EBIT -71.00M
Loss Per Share -$0.59
Full Income Statement

Balance Sheet

The company has $304.32 million in cash and $38.45 million in debt, giving a net cash position of $265.87 million or $0.91 per share.

Cash & Cash Equivalents 304.32M
Total Debt 38.45M
Net Cash 265.87M
Net Cash Per Share $0.91
Equity (Book Value) 207.39M
Book Value Per Share 0.71
Working Capital 295.87M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$49.80 million and capital expenditures -$2.24 million, giving a free cash flow of -$52.04 million.

Operating Cash Flow -49.80M
Capital Expenditures -2.24M
Free Cash Flow -52.04M
FCF Per Share -$0.18
Full Cash Flow Statement

Margins

Gross Margin 83.23%
Operating Margin -332.34%
Pretax Margin -617.83%
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin n/a

Dividends & Yields

D-Wave Quantum does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -51.43%
Shareholder Yield -51.43%
Earnings Yield -2.55%
FCF Yield -1.01%

Analyst Forecast

The average price target for D-Wave Quantum is $10.17, which is -42.48% lower than the current price. The consensus rating is "Strong Buy".

Price Target $10.17
Price Target Difference -42.48%
Analyst Consensus Strong Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 76.92%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

D-Wave Quantum has an Altman Z-Score of 1.52 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.52
Piotroski F-Score 4