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D-Wave Quantum (QBTS)

Watchlist
  • 18.490
  • -0.820-4.25%
Close Apr 24 15:59 ET
  • 18.405
  • -0.085-0.46%
Post 20:01 ET
6.85BMarket Cap-16.66P/E (TTM)

D-Wave Quantum (QBTS) Balance Sheet

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(FY)Dec 31, 2025
(Q4)Dec 31, 2025
(Q3)Sep 30, 2025
(Q2)Jun 30, 2025
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q4)Dec 31, 2024
(Q3)Sep 30, 2024
(Q2)Jun 30, 2024
(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments
396.96%884.48M
396.96%884.48M
2,756.57%836.23M
1,905.12%819.31M
1,014.57%304.32M
330.87%177.98M
330.87%177.98M
-45.09%29.27M
443.80%40.86M
203.78%27.3M
-Cash and cash equivalents
256.98%635.35M
256.98%635.35M
2,756.57%836.23M
1,905.12%819.31M
1,014.57%304.32M
330.87%177.98M
330.87%177.98M
-45.09%29.27M
443.80%40.86M
203.78%27.3M
-Short-term investments
--249.13M
--249.13M
----
----
----
--0
--0
----
----
----
Receivables
166.06%4.68M
166.06%4.68M
203.78%4.42M
55.22%2.44M
-39.65%1.05M
6.48%1.76M
6.48%1.76M
63.41%1.46M
95.52%1.57M
86.76%1.74M
-Accounts receivable
11.76%1.59M
11.76%1.59M
76.47%1.93M
25.28%1.44M
-4.64%1.05M
-14.04%1.42M
-14.04%1.42M
176.46%1.09M
43.34%1.15M
102.58%1.1M
-Accrued interest receivable
812.39%3.09M
812.39%3.09M
--2.5M
--995K
----
--339K
--339K
----
----
----
-Other receivables
----
----
----
----
----
----
----
18.75%589K
--644K
64.60%637K
-Recievables adjustments allowances
----
----
----
----
----
----
----
---225K
---225K
----
Inventory
64.65%2.78M
64.65%2.78M
48.77%2.83M
15.15%2.45M
-18.13%1.7M
-18.86%1.69M
-18.86%1.69M
-15.20%1.9M
-8.56%2.13M
-7.19%2.08M
Prepaid assets
47.97%3.49M
47.97%3.49M
67.50%3.28M
80.58%3.55M
28.87%2.59M
50.41%2.36M
50.41%2.36M
25.32%1.96M
8.31%1.97M
-7.63%2.01M
Other current assets
-36.02%803K
-36.02%803K
181.52%1.37M
107.07%791K
115.36%1.21M
185.23%1.26M
185.23%1.26M
173.60%487K
-0.52%382K
-3.45%560K
Total current assets
384.35%896.23M
384.35%896.23M
2,317.73%848.14M
1,666.38%828.54M
822.80%310.87M
293.32%185.04M
293.32%185.04M
-39.72%35.08M
265.25%46.91M
125.91%33.69M
Non current assets
Net PPE
26.02%14.36M
26.02%14.36M
11.47%12.32M
5.81%11.42M
2.73%11.08M
5.75%11.39M
5.75%11.39M
5.91%11.06M
2.70%10.79M
-1.64%10.79M
-Gross PPE
10.50%40.22M
10.50%40.22M
5.54%37.77M
3.61%36.54M
2.52%35.9M
4.52%36.4M
4.52%36.4M
4.35%35.78M
3.23%35.27M
1.83%35.02M
-Accumulated depreciation
-3.42%-25.86M
-3.42%-25.86M
-2.90%-25.44M
-2.64%-25.12M
-2.42%-24.82M
-3.97%-25.01M
-3.97%-25.01M
-3.67%-24.73M
-3.47%-24.48M
-3.46%-24.23M
Goodwill and other intangible assets
86.73%915K
86.73%915K
84.17%803K
43.63%586K
75.83%531K
173.74%490K
173.74%490K
123.59%436K
99.02%408K
32.46%302K
-Other intangible assets
86.73%915K
86.73%915K
----
----
----
173.74%490K
173.74%490K
----
----
----
Investments and advances
-7.11%2.39M
-7.11%2.39M
32.09%3.4M
7.43%2.57M
0.00%2.57M
120.38%2.57M
120.38%2.57M
--2.57M
--2.4M
--2.57M
Long-term notes receivables
----
----
----
----
----
----
----
----
--1.07M
--1.02M
Non current deferred assets
856.90%1.67M
856.90%1.67M
356.00%912K
431.48%287K
729.55%365K
--174K
--174K
--200K
--54K
--44K
Non current prepaid assets
38.67%251K
38.67%251K
12.56%242K
3.70%196K
-3.70%182K
-4.23%181K
-4.23%181K
--215K
--189K
--189K
Other non current assets
----
----
----
----
----
--174K
--174K
-85.20%200K
-96.01%54K
-96.74%44K
Total non current assets
32.19%19.58M
32.19%19.58M
22.10%17.68M
1.05%15.06M
-1.23%14.74M
20.33%14.81M
20.33%14.81M
20.83%14.48M
23.52%14.91M
18.90%14.92M
Total assets
358.24%915.81M
358.24%915.81M
1,646.98%865.82M
1,264.81%843.6M
569.89%325.6M
236.70%199.85M
236.70%199.85M
-29.38%49.56M
148.15%61.81M
77.01%48.61M
Liabilities
Current liabilities
Payables
16.56%950K
16.56%950K
42.53%992K
1.88%1.19M
-1.54%1.02M
-44.37%815K
-44.37%815K
-54.83%696K
-71.55%1.17M
-81.51%1.04M
-accounts payable
16.56%950K
16.56%950K
42.53%992K
1.88%1.19M
-1.54%1.02M
-44.37%815K
-44.37%815K
-54.83%696K
-71.55%1.17M
-81.51%1.04M
Current accrued expenses
67.12%5.49M
67.12%5.49M
24.30%3.33M
70.62%4.27M
6.14%4.17M
56.58%3.29M
56.58%3.29M
-38.51%2.68M
-58.73%2.51M
28.38%3.93M
Current debt and capital lease obligation
-14.95%1.58M
-14.95%1.58M
-89.55%1.64M
-95.33%1.6M
3.08%1.87M
4.91%1.86M
4.91%1.86M
-50.32%15.65M
94.19%34.15M
-32.55%1.82M
-Current debt
-61.49%134K
-61.49%134K
-98.98%144K
----
-5.69%348K
-12.78%348K
-12.78%348K
-53.27%14.07M
102.64%32.67M
-69.50%369K
-Current capital lease obligation
-4.23%1.45M
-4.23%1.45M
-5.63%1.49M
7.91%1.6M
5.32%1.53M
10.04%1.51M
10.04%1.51M
13.67%1.58M
1.09%1.48M
-2.43%1.45M
Current deferred liabilities
-85.13%2.78M
-85.13%2.78M
16.46%3.39M
89.42%4.91M
177.59%5.55M
600.11%18.69M
600.11%18.69M
30.96%2.91M
-9.82%2.59M
6.78%2M
Current liabilities
-29.85%21.15M
-29.85%21.15M
-39.94%15.51M
-55.12%19.27M
38.11%15M
167.96%30.15M
167.96%30.15M
-40.39%25.83M
27.64%42.94M
-39.95%10.86M
Non current liabilities
Long term debt and capital lease obligation
14.67%41.88M
14.67%41.88M
-2.11%38.16M
0.31%38.38M
-47.76%36.58M
-48.48%36.52M
-48.48%36.52M
143.74%38.98M
144.73%38.26M
353.94%70.02M
-Long term debt
18.91%35.83M
18.91%35.83M
0.13%32.05M
1.94%32.06M
-51.83%30.37M
-52.81%30.13M
-52.81%30.13M
251.48%32.01M
271.19%31.45M
663.23%63.04M
-Long term capital lease obligation
-5.31%6.05M
-5.31%6.05M
-12.42%6.1M
-7.21%6.32M
-10.96%6.21M
-9.09%6.39M
-9.09%6.39M
1.19%6.97M
-4.87%6.81M
-2.61%6.98M
Non current deferred liabilities
-16.42%560K
-16.42%560K
1,003.51%629K
1,881.82%654K
75.44%700K
748.10%670K
748.10%670K
-38.04%57K
-72.50%33K
4,333.33%399K
Derivative product liabilities
--0
--0
8,650.47%140.97M
4,262.10%91.04M
1,439.75%65.93M
4,186.81%69.88M
4,186.81%69.88M
-18.26%1.61M
-38.69%2.09M
241.47%4.28M
Total non current liabilities
-60.36%42.44M
-60.36%42.44M
342.23%179.75M
222.09%130.07M
38.16%103.21M
47.49%107.06M
47.49%107.06M
125.13%40.65M
110.78%40.38M
347.64%74.7M
Total liabilities
-53.66%63.58M
-53.66%63.58M
193.74%195.27M
79.24%149.35M
38.16%118.21M
63.66%137.21M
63.66%137.21M
8.30%66.48M
57.81%83.33M
146.07%85.56M
Shareholders'equity
Share capital
29.63%35K
29.63%35K
70.00%34K
83.33%33K
81.25%29K
68.75%27K
68.75%27K
33.33%20K
50.00%18K
33.33%16K
-common stock
29.63%35K
29.63%35K
70.00%34K
83.33%33K
81.25%29K
68.75%27K
68.75%27K
33.33%20K
50.00%18K
33.33%16K
Retained earnings
-56.63%-982M
-56.63%-982M
-73.74%-939.68M
-54.34%-799.69M
-26.38%-632.36M
-29.78%-626.94M
-29.78%-626.94M
-22.05%-540.86M
-21.26%-518.15M
-24.66%-500.37M
Paid-in capital
163.29%1.84B
163.29%1.84B
202.94%1.62B
196.44%1.5B
79.32%849.73M
49.24%700.07M
49.24%700.07M
15.60%534.53M
23.71%507.07M
17.15%473.87M
Gains losses not affecting retained earnings
14.17%-9.02M
14.17%-9.02M
13.90%-9.13M
11.71%-9.23M
4.37%-10.01M
0.07%-10.51M
0.07%-10.51M
-1.21%-10.6M
0.37%-10.45M
-0.47%-10.47M
Total stockholders'equity
1,260.39%852.23M
1,260.39%852.23M
4,064.26%670.55M
3,326.99%694.25M
661.16%207.39M
355.90%62.65M
355.90%62.65M
-292.30%-16.92M
22.87%-21.51M
-405.36%-36.96M
Total equity
1,260.39%852.23M
1,260.39%852.23M
4,064.26%670.55M
3,326.99%694.25M
661.16%207.39M
355.90%62.65M
355.90%62.65M
-292.30%-16.92M
22.87%-21.51M
-405.36%-36.96M
Currency Unit
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
Unqualified Opinion
--
--
--
--
Unqualified Opinion
--
--
--
--
(FY)Dec 31, 2025(Q4)Dec 31, 2025(Q3)Sep 30, 2025(Q2)Jun 30, 2025(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q4)Dec 31, 2024(Q3)Sep 30, 2024(Q2)Jun 30, 2024(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments 396.96%884.48M396.96%884.48M2,756.57%836.23M1,905.12%819.31M1,014.57%304.32M330.87%177.98M330.87%177.98M-45.09%29.27M443.80%40.86M203.78%27.3M
-Cash and cash equivalents 256.98%635.35M256.98%635.35M2,756.57%836.23M1,905.12%819.31M1,014.57%304.32M330.87%177.98M330.87%177.98M-45.09%29.27M443.80%40.86M203.78%27.3M
-Short-term investments --249.13M--249.13M--------------0--0------------
Receivables 166.06%4.68M166.06%4.68M203.78%4.42M55.22%2.44M-39.65%1.05M6.48%1.76M6.48%1.76M63.41%1.46M95.52%1.57M86.76%1.74M
-Accounts receivable 11.76%1.59M11.76%1.59M76.47%1.93M25.28%1.44M-4.64%1.05M-14.04%1.42M-14.04%1.42M176.46%1.09M43.34%1.15M102.58%1.1M
-Accrued interest receivable 812.39%3.09M812.39%3.09M--2.5M--995K------339K--339K------------
-Other receivables ----------------------------18.75%589K--644K64.60%637K
-Recievables adjustments allowances -------------------------------225K---225K----
Inventory 64.65%2.78M64.65%2.78M48.77%2.83M15.15%2.45M-18.13%1.7M-18.86%1.69M-18.86%1.69M-15.20%1.9M-8.56%2.13M-7.19%2.08M
Prepaid assets 47.97%3.49M47.97%3.49M67.50%3.28M80.58%3.55M28.87%2.59M50.41%2.36M50.41%2.36M25.32%1.96M8.31%1.97M-7.63%2.01M
Other current assets -36.02%803K-36.02%803K181.52%1.37M107.07%791K115.36%1.21M185.23%1.26M185.23%1.26M173.60%487K-0.52%382K-3.45%560K
Total current assets 384.35%896.23M384.35%896.23M2,317.73%848.14M1,666.38%828.54M822.80%310.87M293.32%185.04M293.32%185.04M-39.72%35.08M265.25%46.91M125.91%33.69M
Non current assets
Net PPE 26.02%14.36M26.02%14.36M11.47%12.32M5.81%11.42M2.73%11.08M5.75%11.39M5.75%11.39M5.91%11.06M2.70%10.79M-1.64%10.79M
-Gross PPE 10.50%40.22M10.50%40.22M5.54%37.77M3.61%36.54M2.52%35.9M4.52%36.4M4.52%36.4M4.35%35.78M3.23%35.27M1.83%35.02M
-Accumulated depreciation -3.42%-25.86M-3.42%-25.86M-2.90%-25.44M-2.64%-25.12M-2.42%-24.82M-3.97%-25.01M-3.97%-25.01M-3.67%-24.73M-3.47%-24.48M-3.46%-24.23M
Goodwill and other intangible assets 86.73%915K86.73%915K84.17%803K43.63%586K75.83%531K173.74%490K173.74%490K123.59%436K99.02%408K32.46%302K
-Other intangible assets 86.73%915K86.73%915K------------173.74%490K173.74%490K------------
Investments and advances -7.11%2.39M-7.11%2.39M32.09%3.4M7.43%2.57M0.00%2.57M120.38%2.57M120.38%2.57M--2.57M--2.4M--2.57M
Long-term notes receivables ----------------------------------1.07M--1.02M
Non current deferred assets 856.90%1.67M856.90%1.67M356.00%912K431.48%287K729.55%365K--174K--174K--200K--54K--44K
Non current prepaid assets 38.67%251K38.67%251K12.56%242K3.70%196K-3.70%182K-4.23%181K-4.23%181K--215K--189K--189K
Other non current assets ----------------------174K--174K-85.20%200K-96.01%54K-96.74%44K
Total non current assets 32.19%19.58M32.19%19.58M22.10%17.68M1.05%15.06M-1.23%14.74M20.33%14.81M20.33%14.81M20.83%14.48M23.52%14.91M18.90%14.92M
Total assets 358.24%915.81M358.24%915.81M1,646.98%865.82M1,264.81%843.6M569.89%325.6M236.70%199.85M236.70%199.85M-29.38%49.56M148.15%61.81M77.01%48.61M
Liabilities
Current liabilities
Payables 16.56%950K16.56%950K42.53%992K1.88%1.19M-1.54%1.02M-44.37%815K-44.37%815K-54.83%696K-71.55%1.17M-81.51%1.04M
-accounts payable 16.56%950K16.56%950K42.53%992K1.88%1.19M-1.54%1.02M-44.37%815K-44.37%815K-54.83%696K-71.55%1.17M-81.51%1.04M
Current accrued expenses 67.12%5.49M67.12%5.49M24.30%3.33M70.62%4.27M6.14%4.17M56.58%3.29M56.58%3.29M-38.51%2.68M-58.73%2.51M28.38%3.93M
Current debt and capital lease obligation -14.95%1.58M-14.95%1.58M-89.55%1.64M-95.33%1.6M3.08%1.87M4.91%1.86M4.91%1.86M-50.32%15.65M94.19%34.15M-32.55%1.82M
-Current debt -61.49%134K-61.49%134K-98.98%144K-----5.69%348K-12.78%348K-12.78%348K-53.27%14.07M102.64%32.67M-69.50%369K
-Current capital lease obligation -4.23%1.45M-4.23%1.45M-5.63%1.49M7.91%1.6M5.32%1.53M10.04%1.51M10.04%1.51M13.67%1.58M1.09%1.48M-2.43%1.45M
Current deferred liabilities -85.13%2.78M-85.13%2.78M16.46%3.39M89.42%4.91M177.59%5.55M600.11%18.69M600.11%18.69M30.96%2.91M-9.82%2.59M6.78%2M
Current liabilities -29.85%21.15M-29.85%21.15M-39.94%15.51M-55.12%19.27M38.11%15M167.96%30.15M167.96%30.15M-40.39%25.83M27.64%42.94M-39.95%10.86M
Non current liabilities
Long term debt and capital lease obligation 14.67%41.88M14.67%41.88M-2.11%38.16M0.31%38.38M-47.76%36.58M-48.48%36.52M-48.48%36.52M143.74%38.98M144.73%38.26M353.94%70.02M
-Long term debt 18.91%35.83M18.91%35.83M0.13%32.05M1.94%32.06M-51.83%30.37M-52.81%30.13M-52.81%30.13M251.48%32.01M271.19%31.45M663.23%63.04M
-Long term capital lease obligation -5.31%6.05M-5.31%6.05M-12.42%6.1M-7.21%6.32M-10.96%6.21M-9.09%6.39M-9.09%6.39M1.19%6.97M-4.87%6.81M-2.61%6.98M
Non current deferred liabilities -16.42%560K-16.42%560K1,003.51%629K1,881.82%654K75.44%700K748.10%670K748.10%670K-38.04%57K-72.50%33K4,333.33%399K
Derivative product liabilities --0--08,650.47%140.97M4,262.10%91.04M1,439.75%65.93M4,186.81%69.88M4,186.81%69.88M-18.26%1.61M-38.69%2.09M241.47%4.28M
Total non current liabilities -60.36%42.44M-60.36%42.44M342.23%179.75M222.09%130.07M38.16%103.21M47.49%107.06M47.49%107.06M125.13%40.65M110.78%40.38M347.64%74.7M
Total liabilities -53.66%63.58M-53.66%63.58M193.74%195.27M79.24%149.35M38.16%118.21M63.66%137.21M63.66%137.21M8.30%66.48M57.81%83.33M146.07%85.56M
Shareholders'equity
Share capital 29.63%35K29.63%35K70.00%34K83.33%33K81.25%29K68.75%27K68.75%27K33.33%20K50.00%18K33.33%16K
-common stock 29.63%35K29.63%35K70.00%34K83.33%33K81.25%29K68.75%27K68.75%27K33.33%20K50.00%18K33.33%16K
Retained earnings -56.63%-982M-56.63%-982M-73.74%-939.68M-54.34%-799.69M-26.38%-632.36M-29.78%-626.94M-29.78%-626.94M-22.05%-540.86M-21.26%-518.15M-24.66%-500.37M
Paid-in capital 163.29%1.84B163.29%1.84B202.94%1.62B196.44%1.5B79.32%849.73M49.24%700.07M49.24%700.07M15.60%534.53M23.71%507.07M17.15%473.87M
Gains losses not affecting retained earnings 14.17%-9.02M14.17%-9.02M13.90%-9.13M11.71%-9.23M4.37%-10.01M0.07%-10.51M0.07%-10.51M-1.21%-10.6M0.37%-10.45M-0.47%-10.47M
Total stockholders'equity 1,260.39%852.23M1,260.39%852.23M4,064.26%670.55M3,326.99%694.25M661.16%207.39M355.90%62.65M355.90%62.65M-292.30%-16.92M22.87%-21.51M-405.36%-36.96M
Total equity 1,260.39%852.23M1,260.39%852.23M4,064.26%670.55M3,326.99%694.25M661.16%207.39M355.90%62.65M355.90%62.65M-292.30%-16.92M22.87%-21.51M-405.36%-36.96M
Currency Unit USDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions Unqualified Opinion--------Unqualified Opinion--------
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