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D-Wave Quantum DB:RQ0 Stock Report

Last Price

€16.17

Market Cap

€4.8b

7D

7.6%

1Y

1,399.3%

Updated

09 Jun, 2025

Data

Company Financials +

D-Wave Quantum Inc.

DB:RQ0 Stock Report

Market Cap: €4.8b

D-Wave Quantum (RQ0) Stock Overview

Develops and delivers quantum computing systems, software, and services worldwide. More details

RQ0 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Revenue is forecast to grow 35.83% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Highly 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

Significant insider selling over the past 3 months


RQ0 Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

D-Wave Quantum Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for D-Wave Quantum
Historical stock prices
Current Share PriceUS$16.17
52 Week HighUS$18.00
52 Week LowUS$0.71
Beta1.48
1 Month Change63.73%
3 Month Change244.19%
1 Year Change1,399.30%
3 Year Changen/a
5 Year Changen/a
Change since IPO1,397.22%

Recent News & Updates

Recent updates

Shareholder Returns

RQ0DE SoftwareDE Market
7D7.6%1.4%0.7%
1Y1,399.3%49.4%16.7%

Return vs Industry: RQ0 exceeded the German Software industry which returned 52% over the past year.

Return vs Market: RQ0 exceeded the German Market which returned 17.2% over the past year.

Price Volatility

Is RQ0's price volatile compared to industry and market?
RQ0 volatility
RQ0 Average Weekly Movement27.0%
Software Industry Average Movement6.1%
Market Average Movement6.1%
10% most volatile stocks in DE Market12.3%
10% least volatile stocks in DE Market3.1%

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 (27%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
1999218Alan Baratzwww.dwavesys.com

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers 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. It 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€4.76b
Earnings (TTM)-€115.54m
Revenue (TTM)€18.70m
245.5x
P/S Ratio
-39.7x
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$21.36m
Cost of RevenueUS$3.58m
Gross ProfitUS$17.78m
Other ExpensesUS$149.77m
Earnings-US$131.99m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.45
Gross Margin83.23%
Net Profit Margin-617.83%
Debt/Equity Ratio14.8%

How did RQ0 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/09 01:13
End of Day Share Price 2025/06/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David WilliamsBenchmark Company
Craig EllisB. Riley Securities, Inc.
Christian SchwabCraig-Hallum Capital Group LLC