D-Wave Quantum (QBTS) Financials: Revenue & Earnings
$4.38B
Market Cap
-16.42
P/E
—
Forward P/E
52
Score
QBTS price $11.63 -0.49 -4.08%
Stocklytics score rationale: value 60, quality 47, growth 50.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| 5160000 | 6279000 | 7173000 | 8758000 | 8827000 | 24587000 |
Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services. Their offerings include Advantage, a pioneering fifth-generation quantum computer, and Launch, an onboarding service designed for quantum computing adoption. The company also provides Ocean, a comprehensive suite of open-source programming tools. Furthermore, Leap is a…
QBTS fair value Not meaningful. Price $11.63.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Not meaningful
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | -0.10 | — | 4.36M |
| 2026-08-06 | -0.10 | -0.08 | 3.08M | 4.03M |
| 2026-05-12 | -0.05 | -0.08 | 2.86M | 4.19M |
| 2026-02-26 | -0.12 | -0.05 | 2.75M | 3.74M |
| 2025-11-06 | -0.41 | -0.07 | 3.74M | 3.03M |
| 2025-08-07 | -0.55 | -0.06 | 3.10M | 2.54M |
| 2025-05-08 | -0.02 | -0.05 | 15.00M | 10.50M |
| 2025-03-13 | -0.37 | -0.09 | 2.31M | 2.23M |
| 2024-11-14 | -0.08 | -0.08 | 1.87M | 2.56M |
| 2024-08-08 | -0.09 | -0.09 | 2.18M | 2.82M |
| 2024-05-13 | -0.12 | -0.09 | 2.46M | 2.83M |
| 2024-03-28 | -0.10 | -0.10 | 2.91M | 4.69M |
| 2023-11-09 | -0.11 | -0.14 | 2.56M | 2.89M |
| 2023-08-10 | -0.20 | -0.13 | 1.71M | 2.02M |
| 2023-05-19 | -0.20 | -0.13 | 1.58M | 2.35M |
| 2023-03-16 | -0.12 | -0.14 | 2.40M | 2.63M |
| 2022-11-10 | -0.11 | -0.12 | 1.70M | 2.00M |
| 2022-08-16 | -0.12 | -0.13 | 1.37M | 2.40M |
| 2022-05-12 | -0.10 | -0.08 | 1.70M | 2.83M |
| 2022-03-15 | -0.11 | — | 2.43M | — |
| 2021-09-30 | -0.04 | — | 1.31M | — |
| 2021-06-30 | -0.04 | — | 1.14M | — |
| 2021-03-31 | -0.08 | — | 1.41M | — |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-15 | Nguyen Diane | Sell | 4.07K | $12.03 | 48.91K |
| 2026-10-15 | BARATZ ALAN E | Sell | 52.32K | $12.03 | 629.41K |
| 2026-10-15 | GOLKOV GREGORY | Sell | 15.86K | $12.03 | 190.78K |
| 2026-10-15 | AMES SOPHIE C | Sell | 3.18K | $12.03 | 38.26K |
| 2026-09-18 | GAVGANI BERNARD | Buy | 16.49K | — | — |
| 2026-09-18 | GAVGANI BERNARD | Other | 0 | — | — |
| 2026-09-17 | GOLKOV GREGORY | Buy | 27.08K | — | — |
| 2026-09-15 | GOLKOV GREGORY | Sell | 1.13K | $16.83 | 19.05K |
| 2026-09-15 | BLACK STANLEY T | Sell | 1.53K | $16.83 | 25.83K |
| 2026-09-15 | AMES SOPHIE C | Sell | 1.54K | $16.83 | 25.99K |
| 2026-09-15 | Nguyen Diane | Sell | 3.19K | $16.83 | 53.70K |
| 2026-09-08 | DiLullo John D | Sell | 1.10K | $18.00 | 19.80K |
| 2026-09-02 | GOLKOV GREGORY | Other | 0 | — | — |
| 2026-09-02 | GOLKOV GREGORY | Other | 43.15K | $0.85 | 36.49K |
| 2026-08-17 | Nguyen Diane | Sell | 4.04K | $21.17 | 85.57K |
| 2026-08-17 | AMES SOPHIE C | Sell | 23.85K | $21.17 | 504.90K |
| 2026-07-20 | AMES SOPHIE C | Sell | 3.07K | $16.95 | 52.04K |
| 2026-07-14 | BARATZ ALAN E | Sell | 52.32K | $18.66 | 976.29K |
| 2026-07-14 | Markovich John M. | Sell | 8.61K | $18.66 | 160.61K |
| 2026-07-14 | AMES SOPHIE C | Sell | 3.18K | $18.66 | 59.34K |
| 2026-07-14 | Nguyen Diane | Sell | 4.07K | $18.66 | 75.87K |
| 2026-06-15 | Ghai Rohit | Sell | 13.52K | $26.41 | 357.05K |
| 2026-06-15 | Markovich John M. | Sell | 100.00K | $25.75 | 2.58M |
| 2026-06-15 | Markovich John M. | Sell | 100.00K | $25.68 | 2.57M |
| 2026-06-15 | Markovich John M. | Sell | 10.58K | $23.37 | 247.35K |
| 2026-06-15 | Nguyen Diane | Sell | 3.19K | $23.37 | 74.57K |
| 2026-06-15 | BLACK STANLEY T | Sell | 1.53K | $23.37 | 35.87K |
| 2026-06-15 | AMES SOPHIE C | Sell | 1.54K | $23.37 | 36.08K |
| 2026-06-12 | Markovich John M. | Sell | 46.04K | $24.01 | 1.11M |
| 2026-06-09 | Markovich John M. | Sell | 70 | $26.54 | 1.86K |
| 2026-06-08 | BARATZ ALAN E | Buy | 213.23K | $0.85 | 180.39K |
| 2026-06-08 | BARATZ ALAN E | Buy | 474.39K | $0.91 | 431.70K |
| 2026-06-08 | BARATZ ALAN E | Sell | 687.63K | $26.13 | 17.97M |
| 2026-06-08 | BARATZ ALAN E | Sell | 474.39K | $0.91 | 431.70K |
| 2026-06-08 | BARATZ ALAN E | Sell | 213.23K | $0.85 | 180.39K |
| 2026-06-08 | Markovich John M. | Sell | 50.98K | $26.24 | 1.34M |
| 2026-06-05 | DiLullo John D | Sell | 7.85K | $24.43 | 191.81K |
| 2026-06-04 | Biscay Roger | Buy | 9.36K | — | — |
| 2026-06-04 | Holt Sharon E | Buy | 9.36K | — | — |
| 2026-06-04 | WEST STEVEN M | Buy | 9.36K | — | — |
| 2026-06-04 | Nielsen Kirstjen | Buy | 9.36K | — | — |
| 2026-06-04 | DiLullo John D | Buy | 9.36K | — | — |
| 2026-06-04 | Ghai Rohit | Buy | 9.36K | — | — |
| 2026-06-02 | Markovich John M. | Sell | 2.91K | $31.00 | 90.15K |
| 2026-05-22 | Markovich John M. | Buy | 120.83K | $0.85 | 102.22K |
| 2026-05-22 | Markovich John M. | Buy | 207.93K | $0.92 | 191.29K |
| 2026-05-22 | Markovich John M. | Sell | 328.75K | $27.70 | 9.11M |
| 2026-05-22 | Markovich John M. | Sell | 207.93K | $0.92 | 191.29K |
| 2026-05-22 | Markovich John M. | Sell | 120.83K | $0.85 | 102.22K |
| 2026-05-21 | Nguyen Diane | Sell | 40.00K | $25.01 | 1.00M |
| 2026-05-20 | AMES SOPHIE C | Sell | 23.02K | $18.98 | 436.93K |
| 2026-05-13 | Nguyen Diane | Sell | 2.46K | $22.35 | 54.96K |
| 2026-05-13 | AMES SOPHIE C | Sell | 23.85K | $22.35 | 533.05K |
| 2026-05-13 | BARATZ ALAN E | Sell | 18.54K | $22.35 | 414.41K |
| 2026-04-30 | BARATZ ALAN E | Buy | 753.94K | — | — |
| 2026-04-20 | AMES SOPHIE C | Sell | 3.07K | $21.35 | 65.55K |
| 2026-04-13 | AMES SOPHIE C | Sell | 3.18K | $14.25 | 45.31K |
| 2026-04-13 | BARATZ ALAN E | Sell | 33.78K | $14.25 | 481.34K |
| 2026-04-13 | Markovich John M. | Sell | 8.61K | $14.25 | 122.65K |
| 2026-04-13 | Nguyen Diane | Sell | 4.07K | $14.25 | 57.94K |
| 2026-04-02 | BLACK STANLEY T | Other | 0 | — | — |
| 2026-04-02 | AMES SOPHIE C | Other | 0 | — | — |
| 2026-03-16 | Ghai Rohit | Sell | 10.00K | $17.62 | 176.17K |
| 2026-03-13 | Nguyen Diane | Sell | 2.53K | $17.63 | 44.63K |
| 2026-03-13 | Markovich John M. | Sell | 10.71K | $17.63 | 188.72K |
| 2026-03-05 | DiLullo John D | Sell | 8.00K | $18.01 | 144.10K |
| 2026-02-19 | Nguyen Diane | Buy | 28.07K | — | — |
| 2026-02-13 | Nguyen Diane | Sell | 1.45K | $19.76 | 28.67K |
| 2026-01-14 | Nguyen Diane | Sell | 4.52K | $28.06 | 126.81K |
| 2026-01-14 | Markovich John M. | Sell | 9.18K | $28.06 | 257.58K |
| 2026-01-14 | BARATZ ALAN E | Sell | 35.01K | $28.06 | 982.55K |
| 2026-01-13 | Nguyen Diane | Sell | 20.00K | $28.86 | 577.16K |
| 2025-12-22 | BARATZ ALAN E | Buy | 793.71K | $0.91 | 722.28K |
| 2025-12-22 | BARATZ ALAN E | Sell | 793.71K | $30.13 | 23.91M |
| 2025-12-22 | BARATZ ALAN E | Sell | 793.71K | $0.91 | 722.28K |
| 2025-12-22 | Markovich John M. | Buy | 100.00K | $0.92 | 92.00K |
| 2025-12-22 | Markovich John M. | Sell | 100.00K | $30.03 | 3.00M |
| 2025-12-22 | Markovich John M. | Sell | 100.00K | $0.92 | 92.00K |
| 2025-12-15 | Ghai Rohit | Sell | 10.00K | $24.28 | 242.84K |
| 2025-12-15 | Nguyen Diane | Sell | 2.73K | $23.89 | 65.30K |
| 2025-12-15 | Markovich John M. | Sell | 11.56K | $23.89 | 276.27K |
| 2025-12-05 | DiLullo John D | Sell | 8.00K | $27.36 | 218.89K |
| 2025-12-04 | Markovich John M. | Buy | 100.00K | $0.92 | 92.00K |
| 2025-12-04 | Markovich John M. | Sell | 100.00K | $27.56 | 2.76M |
| 2025-12-04 | Markovich John M. | Sell | 100.00K | $0.92 | 92.00K |
| 2025-12-03 | Nielsen Kirstjen | Sell | 7.00K | $22.62 | 158.34K |
| 2025-12-03 | Markovich John M. | Sell | 100.00K | $25.05 | 2.50M |
| 2025-12-03 | Markovich John M. | Sell | 100.00K | $0.92 | 92.00K |
| 2025-11-21 | DiLullo John D | Sell | 492 | — | — |
| 2025-11-20 | Markovich John M. | Buy | 200.00K | $0.92 | 184.00K |
| 2025-11-20 | Markovich John M. | Sell | 200.00K | $22.94 | 4.59M |
| 2025-11-20 | Markovich John M. | Sell | 200.00K | $0.92 | 184.00K |
| 2025-11-18 | WEST STEVEN M | Buy | 82 | $21.89 | 1.79K |
| 2025-11-13 | Nguyen Diane | Sell | 20.00K | $23.66 | 473.28K |
| 2025-11-13 | Nguyen Diane | Sell | 2.80K | $23.17 | 64.96K |
| 2025-11-13 | BARATZ ALAN E | Sell | 168.10K | $23.17 | 3.90M |
| 2025-11-13 | Markovich John M. | Sell | 98.06K | $23.17 | 2.27M |
| 2025-11-11 | BARATZ ALAN E | Buy | 806.29K | $0.91 | 733.72K |
| 2025-11-11 | BARATZ ALAN E | Sell | 806.29K | $28.87 | 23.28M |
| 2025-11-11 | BARATZ ALAN E | Sell | 806.29K | $0.91 | 733.72K |
Latest filed quarter: Q2 2026.
Institutions holding: 609, holders +73 vs prior quarter. Ownership 54.63%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 33.15M | 2.99M | +9.93% | 795.21M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 22.02M | 1.23M | +5.91% | 528.30M |
| VANGUARD CAPITAL MANAGEMENT LLC | 15.94M | 89.15K | +0.56% | 382.42M |
| UBS GROUP AG | 11.65M | 1.78M | +18.00% | 279.38M |
| GEODE CAPITAL MANAGEMENT, LLC | 9.27M | 230.65K | +2.55% | 222.44M |
| STATE STREET CORP | 9.03M | 558.86K | +6.60% | 216.62M |
| CLEAR STREET GROUP INC. | 6.21M | 497.89K | +8.72% | 148.90M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 5.56M | 3.82M | +220.35% | 133.29M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 5.14M | 3.40M | +196.31% | 123.29M |
| JANE STREET GROUP, LLC | 4.53M | 3.55M | +362.84% | 108.69M |
| NORGES BANK | 4.48M | 4.48M | New | 107.41M |
| BANK OF AMERICA CORP /DE/ | 4.34M | 456.75K | +11.75% | 104.18M |
| NORTHERN TRUST CORP | 3.37M | 250.26K | +8.03% | 80.80M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 3.28M | 3.28M | New | 78.79M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 3.28M | 48.39K | +1.50% | 78.79M |
| UNICOM SYSTEMS, INC. | 3.12M | 0 | 0.00% | 74.88M |
| MORGAN STANLEY | 2.92M | 574.03K | +24.51% | 69.95M |
| PENSERRA CAPITAL MANAGEMENT LLC | 2.86M | 1.29M | +82.22% | 68.63M |
| DEFIANCE ETFS, LLC | 2.91M | 2.57M | +751.84% | 68.43M |
| JANE STREET GROUP, LLC | 2.84M | 1.86M | +189.72% | 68.04M |
| JPMORGAN CHASE & CO | 2.74M | 1.38M | +100.66% | 65.81M |
| GOLDMAN SACHS GROUP INC | 2.68M | -1.60M | -37.31% | 64.33M |
| CITADEL ADVISORS LLC | 2.64M | 1.86M | +240.73% | 63.27M |
| VANGUARD FIDUCIARY TRUST CO | 2.60M | 61.03K | +2.40% | 62.35M |
| VAN ECK ASSOCIATES CORP | 2.34M | 806.84K | +52.63% | 56.13M |
D-Wave Quantum Inc. (QBTS) trades at $11.63, with a market cap of $4.38B and a trailing P/E of -16.42. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| 5160000 | 6279000 | 7173000 | 8758000 | 8827000 | 24587000 |
Insights · Dividends · Forecast · Financials · Learn
$4.38B
Market Cap
-16.42
P/E
—
Forward P/E
52
Score