D-Wave Quantum Inc. Common Stock (QBTS) Stock Price

QBTSStock

$11.78−70.88%52W

Market Cap$4.47B

P/E—

PEG Ratio—

Div yield—

Beta2.29

QBTS Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)-40.49%

Price vs S&P 500 (4W)-32.12%

VGM Score25.78

Book Value / Share (Quarterly)$2.91

P/TBV (Annual)10.75x

Revenue Growth (3Y)50.78%

Cash Flow / Share (Quarterly)$-0.32

Price vs S&P 500 (YTD)-66.88%

Gross Margin (TTM)64.19%

Net Profit Margin (TTM)-2001.59%

EPS (TTM)$-0.71

10-Day Avg Trading Volume16.27M

EPS Excl Extra (TTM)$-0.71

Revenue Growth (5Y)36.65%

EPS (Annual)$-1.11

ROI (Annual)-39.98%

Gross Margin (Annual)82.59%

Net Profit Margin (5Y Avg)-1083.95%

Cash / Share (Quarterly)$1.47

Revenue Growth QoQ (YoY)-0.61%

ROA (Last FY)-38.77%

Revenue Growth TTM (YoY)-44.22%

EBITD / Share (TTM)$-0.45

Operating Margin (TTM)-1372.88%

Cash Flow / Share (Annual)$-0.21

P/B Ratio4.13x

P/B Ratio (Quarterly)8.21x

Net Income / Employee (Annual)$-929,500

EV / Revenue (TTM)338.86x

Net Interest Coverage (TTM)-46.22x

ROA (TTM)-24.03%

EPS Incl Extra (Annual)$-1.11

Current Ratio (Annual)42.38x

Quick Ratio (Quarterly)20.27x

3-Month Avg Trading Volume18.86M

52-Week Price Return-70.88%

Revenue / Employee (TTM)$32,500

Tangible BV / Share (Quarterly)$2.34

P/S Ratio (Annual)181.88x

Asset Turnover (Annual)0.03x

52-Week High$45.13

Operating Margin (5Y Avg)-730.39%

EPS Excl Extra (Annual)$-1.11

CapEx CAGR (5Y)37.39%

26-Week Price Return-30.58%

Quick Ratio (Annual)42.08x

13-Week Price Return-29.59%

Total Debt / Equity (Annual)0.04x

Current Ratio (Quarterly)20.55x

Enterprise Value$4.21B

Revenue / Share Growth (5Y)13.18%

Asset Turnover (TTM)0.01x

Revenue / Employee (Annual)$64,400

Inventory Turnover (Annual)1.92x

Pretax Margin (Annual)-1444.10%

Cash / Share (Annual)$2.47

3-Month Return Std Dev88.54%

Gross Margin (5Y Avg)65.95%

Net Income / Employee (TTM)$-651,000

ROE (Last FY)-41.66%

Net Interest Coverage (Annual)-77.08x

EPS Basic Excl Extra (Annual)$-1.11

Receivables Turnover (TTM)7.18x

Total Debt / Equity (Quarterly)0.03x

EPS Incl Extra (TTM)$-0.71

Receivables Turnover (Annual)16.35x

ROI (TTM)-25.71%

P/S Ratio (TTM)359.92x

Pretax Margin (5Y Avg)-1083.95%

Revenue / Share (Annual)$0.08

Tangible BV / Share (Annual)$2.37

Price vs S&P 500 (52W)-86.42%

Year-to-Date Return-54.95%

5-Day Price Return-14.26%

EPS Normalized (Annual)$-1.11

ROA (5Y Avg)-117.69%

Net Profit Margin (Annual)-1444.10%

Month-to-Date Return-28.91%

EBITD / Share (Annual)$-0.31

Operating Margin (Annual)-408.22%

LT Debt / Equity (Annual)0.04x

LT Debt / Equity (Quarterly)0.03x

EPS Basic Excl Extra (TTM)$-0.71

P/TBV (Quarterly)10.20x

P/B Ratio (Annual)10.74x

Inventory Turnover (TTM)1.50x

Pretax Margin (TTM)-2230.51%

Book Value / Share (Annual)$2.38

Price vs S&P 500 (13W)-32.27%

Beta2.29x

Revenue / Share (TTM)$0.03

ROE (TTM)-26.67%

52-Week Low$11.35

vGradeF

gGradeC

mGradeD

vgmGradeD

QBTS Earnings Surprise History

Quarter	Report date	EPS estimate	EPS actual	Surprise
Q2 2026	Aug 6, 2026	-$0.09	-$0.13	-42.19%(-$0.04)
Q1 2026	May 12, 2026	-$0.08	-$0.05	+34.52%(+$0.03)
Q4 2025	Feb 26, 2026	-$0.06	-$0.09	-45.94%(-$0.03)
Q3 2025	Nov 6, 2025	-$0.07	-$0.05	+24.53%(+$0.02)
Q2 2025	Aug 7, 2025	-$0.05	-$0.08	-47.36%(-$0.03)

QBTS Analyst Recommendations

Jun 2026

Jul 2026

Aug 2026

Sep 2026

4.09

4.14

4.04

Industry Peers — Computer Processing & Data(94)

Symbol	Value Score	Growth Score	Momentum Score	P/S Ratio (TTM)	Revenue Growth TTM (YoY)	Gross Margin (TTM)	Operating Margin (TTM)	Price
QBTSD-Wave Quantum Inc. Common Stock	F	C	D	359.9x	-44.2%	64.2%	-1372.9%	$11.78
ADPAutomatic Data Processing	D	C	B	5.2x	6.7%	46.5%	26.3%	$288.90
WDAYWorkday, Inc. Class A Common Stock	D	B	B	4.7x	13.3%	75.8%	10.7%	$190.81
RDDTReddit, Inc.	F	A	C	10.8x	66.6%	91.4%	28.3%	$156.14
VRSKVerisk Analytics, Inc. Common Stock	D	D	B	7.9x	5.0%	70.2%	43.4%	$190.90
TOSTToast, Inc.	D	A	B	2.7x	23.0%	26.7%	6.3%	$31.62
HNGEHinge Health, Inc.	F	B	A	11.1x	10.2%	84.5%	13.0%	$99.16
RNGRINGCENTRAL, INC.	C	C	A	2.4x	5.2%	71.8%	6.7%	$75.44
BILIBilibili Inc. American Depositary Shares	C	B	D	1.3x	6.9%	37.0%	4.5%	$14.07
PEGAPegasystems Inc	D	C	C	3.3x	3.6%	75.6%	9.9%	$34.54
APLDApplied Digital Corporation Common Stock	F	A	D	6.4x	457.0%	20.2%	-35.6%	$18.05
JOYYJOYY Inc. American Depositary Shares	C	D	A	2.4x	-1.3%	34.5%	2.3%	$82.61
LIFLife360, Inc. Common Stock	D	B	D	5.8x	34.0%	77.6%	1.1%	$41.07
FAFirst Advantage Corporation Common Stock	D	B	B	2.0x	32.9%	45.2%	10.6%	$19.18
PAGSPagSeguro Digital Ltd.	A	C	B	0.8x	3.7%	53.3%	40.1%	$11.00
LFTOLiftoff Mobile, Inc. Common Stock	—	—	C	—	—	—	—	$16.51
CARGCarGurus, Inc. Class A Common Stock	C	C	C	2.9x	2.5%	94.8%	29.4%	$30.28
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FIVNFIVE9, INC.	C	B	B	2.0x	8.9%	54.9%	4.7%	$32.23
ATHMAutohome Inc. American Depositary Shares, each representing four Class A Ordinary Shares	C	F	C	4.4x	3.5%	77.1%	-0.6%	$20.15
RAMPLiveRamp Holdings, Inc. Common Stock	C	B	B	2.7x	8.8%	70.8%	11.6%	$37.44
DXCDXC Technology Company	A	D	A	0.2x	-2.4%	23.0%	2.5%	$13.62
INFQInfleqtion, Inc.	—	—	D	—	—	—	—	$8.55
EVTCEVERTEC, INC.	C	D	B	1.9x	12.4%	51.1%	17.9%	$31.19
INODInnodata Inc.	D	A	C	5.7x	39.0%	42.4%	18.4%	$52.82
GLOBGLOBANT S.A.	C	C	B	0.7x	-1.3%	34.5%	7.7%	$39.56
HAWKHawkEye 360, Inc.	—	—	D	—	—	—	—	$12.44
PSQLPasqal Holding SA Ordinary Share	—	—	D	—	—	—	—	$5.67
GDRXGoodRx Holdings, Inc. Class A Common Stock	C	D	B	1.5x	-1.8%	90.8%	9.5%	$3.36
CLVTClarivate Plc	B	C	C	0.5x	-3.5%	66.8%	-3.5%	$1.77
UPWKUpwork Inc. Common Stock	B	C	C	1.3x	1.9%	77.2%	15.1%	$8.43
LZLegalZoom.com, Inc. Common Stock	C	D	C	1.3x	12.3%	66.7%	4.1%	$6.06
SHAZSharonAI Holdings, Inc. Class A Common Stock	—	—	F	—	—	—	—	$26.59
BRAIBraiin Limited Common Stock	—	—	D	—	—	—	—	$4.36
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CARSCars.com Inc. Common Stock	B	D	B	0.8x	1.1%	66.6%	11.4%	$10.21
OOMAOoma, Inc. Common Stock	D	B	B	1.8x	17.2%	61.5%	3.5%	$19.72
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SOHUSohu.com Limited American Depositary Shares	B	D	C	0.5x	-18.2%	78.5%	-12.9%	$12.75
GLOOGloo Holdings, Inc. Class A Common Stock	—	A	D	1.8x	—	29.7%	-65.4%	$3.06
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About D-Wave Quantum Inc. Common Stock

D-Wave Quantum Inc. is a leading provider of quantum computing systems, software, and services, offering both annealing and gate-model quantum computers—a unique dual-approach advantage in the industry. The company serves diverse markets including logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, and financial modeling. D-Wave delivers quantum computing capabilities through its Leap cloud platform, making its technology accessible to enterprises and organizations worldwide.

QBTS Next Earnings Report

Report dateNov 5, 2026

QuarterQ3 2026

Report timeBMO

EPS estimate-$0.09

Revenue estimate$4.34M

Also reporting on Nov 5, 2026

Scheduled date with consensus estimates — both can change before the company reports.

Earnings calendar for November 2026

QBTS Insider Transactions

SellSep 8, 2026
DILULLO JOHN DAVID
Director
Shares: 1,100Value: $19,801

Open-market buys and sells filed with the SEC over the last 90 days. Grants, gifts and option exercises are excluded.

All insider transactions for September 2026

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Analyst Sentiment

4.0

Buy

Consensus rating

52-Week Range

Low$11.35

High$45.13