D-Wave Quantum (QBTS03) Stock Overview
Engages in the development and delivery of quantum computing systems, software, and services worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
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D-Wave Quantum Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.41 |
| 52 Week High | US$1.89 |
| 52 Week Low | US$1.35 |
| Beta | 2.14 |
| 1 Month Change | -15.06% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -6.62% |
Recent News & Updates
Recent updates
Shareholder Returns
| QBTS03 | TH Software | TH Market | |
|---|---|---|---|
| 7D | 1.4% | -4.5% | 2.7% |
| 1Y | n/a | -25.9% | 26.2% |
Return vs Industry: Insufficient data to determine how QBTS03 performed against the TH Software industry.
Return vs Market: Insufficient data to determine how QBTS03 performed against the TH Market.
Price Volatility
| QBTS03 volatility | |
|---|---|
| QBTS03 Average Weekly Movement | 10.6% |
| Software Industry Average Movement | 7.1% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in TH Market | 9.5% |
| 10% least volatile stocks in TH Market | 2.0% |
Stable Share Price: QBTS03's share price has been volatile over the past 3 months compared to the TH market.
Volatility Over Time: Insufficient data to determine QBTS03's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 385 | Alan Baratz | www.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
| QBTS03 fundamental statistics | |
|---|---|
| Market cap | ฿210.21b |
| Earnings (TTM) | -฿8.20b |
| Revenue (TTM) | ฿409.63m |
Is QBTS03 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| QBTS03 income statement (TTM) | |
|---|---|
| Revenue | US$12.43m |
| Cost of Revenue | US$4.45m |
| Gross Profit | US$7.98m |
| Other Expenses | US$256.67m |
| Earnings | -US$248.70m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.67 |
| Gross Margin | 64.19% |
| Net Profit Margin | -2,001.59% |
| Debt/Equity Ratio | 3.2% |
How did QBTS03 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/10 19:45 |
| End of Day Share Price | 2026/09/10 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
| Analyst | Institution |
|---|---|
| Craig Ellis | B. Riley Securities, Inc. |
| William Kingsley Crane | Canaccord Genuity |
| Troy Jensen | Cantor Fitzgerald & Co. |