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Updated 1d ago
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D-Wave Quantum Inc.DB:RQ0 Stock Report

Market Cap €5.7b
Updated 1d ago
Share Price
n/a
1Y9.6%
7D6.6%
1D-2.8%
Portfolio Value
​
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D-Wave Quantum Inc.

DB:RQ0 Stock Report

Market Cap: €5.7b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

D-Wave Quantum (RQ0) Stock Overview

Engages in the development and delivery of quantum computing systems, software, and services worldwide. More details

RQ0 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Revenue is forecast to grow 48.87% per year

Risk Analysis

Significant insider selling over the past 3 months

Volatile share price over the past 3 months compared to the German market

Currently unprofitable and not forecast to become profitable over the next 3 years


RQ0 Community Fair Values

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€
Current Price
€14.995.1k% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-329m91m2016201920222025202620282031Revenue US$90.9mEarnings US$11.0m
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D-Wave Quantum Inc. Competitors

Nemetschek

Symbol: XTRA:NEM
Market cap: €7.0b

ATOSS Software

Symbol: XTRA:AOF
Market cap: €1.5b

CHAPTERS Group

Symbol: XTRA:CHG
Market cap: €1.1b

TeamViewer

Symbol: XTRA:TMV
Market cap: €992.5m

Price History & Performance

Summary of share price highs, lows and changes for D-Wave Quantum
Historical stock prices
Current Share PriceUS$14.99
52 Week HighUS$40.14
52 Week LowUS$11.26
Beta2.14
1 Month Change-16.84%
3 Month Change-26.56%
1 Year Change9.58%
3 Year Change1,387.10%
5 Year Changen/a
Change since IPO1,287.96%

Recent News & Updates

Recent updates

Shareholder Returns

RQ0DE SoftwareDE Market
7D6.6%-1.7%0.2%
1Y9.6%-22.0%5.5%

Return vs Industry: RQ0 exceeded the German Software industry which returned -22% over the past year.

Return vs Market: RQ0 exceeded the German Market which returned 5.5% over the past year.

Price Volatility

Is RQ0's price volatile compared to industry and market?
RQ0 volatility
RQ0 Average Weekly Movement12.5%
Software Industry Average Movement6.2%
Market Average Movement5.0%
10% most volatile stocks in DE Market12.6%
10% least volatile stocks in DE Market2.5%

Stable Share Price: RQ0's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: RQ0's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
1999385Alan Baratzwww.dwavequantum.com

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company’s server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access.

D-Wave Quantum Inc. Fundamentals Summary

How do D-Wave Quantum's earnings and revenue compare to its market cap?
RQ0 fundamental statistics
Market cap€5.66b
Earnings (TTM)-€213.83m
Revenue (TTM)€10.68m
513.2x
P/S Ratio
-25.6x
P/E Ratio

Is RQ0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RQ0 income statement (TTM)
RevenueUS$12.43m
Cost of RevenueUS$4.45m
Gross ProfitUS$7.98m
Other ExpensesUS$256.67m
Earnings-US$248.70m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.67
Gross Margin64.19%
Net Profit Margin-2,001.59%
Debt/Equity Ratio3.2%

How did RQ0 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/09 01:10
End of Day Share Price 2026/09/09 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

D-Wave Quantum Inc. is covered by 20 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig EllisB. Riley Securities, Inc.
William Kingsley CraneCanaccord Genuity
Troy JensenCantor Fitzgerald & Co.

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