D-Wave Quantum Statistics
Total Valuation
D-Wave Quantum has a market cap or net worth of $7.15 billion. The enterprise value is $6.35 billion.
Important Dates
The last earnings date was Thursday, November 6, 2025, before market open.
| Earnings Date | Nov 6, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
D-Wave Quantum has 350.12 million shares outstanding. The number of shares has increased by 68.07% in one year.
| Current Share Class | 346.72M |
| Shares Outstanding | 350.12M |
| Shares Change (YoY) | +68.07% |
| Shares Change (QoQ) | +13.20% |
| Owned by Insiders (%) | 1.30% |
| Owned by Institutions (%) | 55.09% |
| Float | 339.05M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 246.17 |
| Forward PS | 274.29 |
| PB Ratio | 10.53 |
| P/TBV Ratio | 10.67 |
| 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 | 262.99 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 54.68, with a Debt / Equity ratio of 0.06.
| Current Ratio | 54.68 |
| Quick Ratio | 54.19 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -81.68 |
Financial Efficiency
Return on equity (ROE) is -122.03% and return on invested capital (ROIC) is -14.33%.
| Return on Equity (ROE) | -122.03% |
| Return on Assets (ROA) | -11.71% |
| Return on Invested Capital (ROIC) | -14.33% |
| Return on Capital Employed (ROCE) | -10.09% |
| Revenue Per Employee | $109,745 |
| Profits Per Employee | -$1.81M |
| Employee Count | 220 |
| Asset Turnover | 0.05 |
| Inventory Turnover | 1.75 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +1,122.16% in the last 52 weeks. The beta is 1.52, so D-Wave Quantum's price volatility has been higher than the market average.
| Beta (5Y) | 1.52 |
| 52-Week Price Change | +1,122.16% |
| 50-Day Moving Average | 29.77 |
| 200-Day Moving Average | 16.70 |
| Relative Strength Index (RSI) | 33.61 |
| Average Volume (20 Days) | 42,860,973 |
Short Selling Information
The latest short interest is 43.27 million, so 12.36% of the outstanding shares have been sold short.
| Short Interest | 43.27M |
| Short Previous Month | 55.70M |
| Short % of Shares Out | 12.36% |
| Short % of Float | 12.76% |
| Short Ratio (days to cover) | 0.66 |
Income Statement
In the last 12 months, D-Wave Quantum had revenue of $24.14 million and -$398.81 million in losses. Loss per share was -$1.37.
| Revenue | 24.14M |
| Gross Profit | 20.00M |
| Operating Income | -85.76M |
| Pretax Income | -398.81M |
| Net Income | -398.81M |
| EBITDA | -84.36M |
| EBIT | -85.76M |
| Loss Per Share | -$1.37 |
Full Income Statement Balance Sheet
The company has $836.23 million in cash and $39.79 million in debt, giving a net cash position of $796.44 million or $2.27 per share.
| Cash & Cash Equivalents | 836.23M |
| Total Debt | 39.79M |
| Net Cash | 796.44M |
| Net Cash Per Share | $2.27 |
| Equity (Book Value) | 670.55M |
| Book Value Per Share | 1.94 |
| Working Capital | 832.63M |
Full Balance Sheet Cash Flow
In the last 12 months, operating cash flow was -$51.59 million and capital expenditures -$3.15 million, giving a free cash flow of -$54.75 million.
| Operating Cash Flow | -51.59M |
| Capital Expenditures | -3.15M |
| Free Cash Flow | -54.75M |
| FCF Per Share | -$0.16 |
Full Cash Flow Statement Margins
| Gross Margin | 82.82% |
| Operating Margin | -355.21% |
| Pretax Margin | -1,651.81% |
| 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 | -68.07% |
| Shareholder Yield | -68.07% |
| Earnings Yield | -5.58% |
| FCF Yield | -0.77% |
Analyst Forecast
The average price target for D-Wave Quantum is $27.36, which is 34.05% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $27.36 |
| Price Target Difference | 34.05% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 91.86% |
| EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
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 8.71 and a Piotroski F-Score of 3.
| Altman Z-Score | 8.71 |
| Piotroski F-Score | 3 |