FRC
FRC Logo
Sign InGet Access

Connect With Us

Stay updated with our latest research and insights

Fundamental Research Corp Logo

Highly ranked equity research firm providing institutional grade tools and analysis to all investors worldwide. Trusted by global investors for over 20+ years.

20+ Years
Rate us on TrustpilotLeave a review

Policies

  • Privacy Policy
  • Terms of Service
  • Disclaimer

Company

  • About Us
  • Our Team
  • Contact Us
  • Leave a Review

Resources

  • Videos
  • Research Reports
  • FAQ
  • How to use FRC

Browse

  • Stock Directory
  • Stock Screener
  • Market Intel Weekly
  • Report Archive

Trackers

  • Congress Trading
  • Senate Trading
  • Congress Net Worth
  • Commodities

© 2026 Fundamental Research Corp. All Rights Reserved.

Professional investment research since 2003

Home
Research
Get Access
Sign In
D-Wave Quantum Inc. Stock AnalysisComprehensive stock analysis for D-Wave Quantum Inc. (QBTS) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisQBTS
QBTS
D-Wave Quantum Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
QBTS
Home🔹Stocks🔹D-Wave Quantum Inc.

D-Wave Quantum Inc.

🇺🇸QBTS•NASDAQ

D-Wave Quantum Inc.

🇺🇸QBTS•NASDAQ
Market cap
$6.17B
Sentiment

Your view on QBTS

Mkt Cap
$6.17B
Sentiment
Your view
QBTS
D-Wave Quantum Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
QBTS
Company Overview

Overview

What the company does, where it operates, and who runs it.

About D-Wave Quantum Inc.

Industry
Computer Hardware
Sector
Technology
CEO
Alan E. Baratz
Headquarters
3033 Beta Avenue, Palo Alto, BC, CA
Industry
Computer Hardware
Sector
Technology
CEO
Alan E. Baratz
Headquarters
3033 Beta Avenue, Palo Alto, BC, CA
Description

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide.

The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.

It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling.

It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for D-Wave Quantum Inc., and the rating behind it. QBTS last traded at $16.80; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for D-Wave Quantum Inc.. Starting points for D-Wave Quantum Inc.: EPS -$0.67, beta 2.14 — an Computer Hardware name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for D-Wave Quantum Inc.. D-Wave Quantum Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for D-Wave Quantum Inc.. Trailing twelve-month EPS for D-Wave Quantum Inc. stands at -$0.67. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for D-Wave Quantum Inc.. D-Wave Quantum Inc. has reported as a listed company since 2020. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

D-Wave Quantum Inc. valued side by side against its closest peers. D-Wave Quantum Inc. is measured against Computer Hardware peers within the Technology sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold D-Wave Quantum Inc., and how their positions are changing. At a $6.17B market value, institutional positions materially move D-Wave Quantum Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by D-Wave Quantum Inc. executives and directors. Shares of D-Wave Quantum Inc. have traded between $1.53 and $46.75 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming D-Wave Quantum Inc.. D-Wave Quantum Inc. is a $6.17B Technology company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming D-Wave Quantum Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for D-Wave Quantum Inc.. Coverage tracks D-Wave Quantum Inc. within Computer Hardware (Technology). Press releases and market coverage, newest first.

Peer companies

  • GTM — ZoomInfo Technologies Inc.
  • IONQ — IonQ, Inc.
  • JKHY — Jack Henry & Associates, Inc.
  • MTSI — MACOM Technology Solutions Holdings, Inc.
  • PCOR — Procore Technologies, Inc.
  • QXO — QXO, Inc.
  • RGTI — Rigetti Computing, Inc.

More Computer Hardware companies

  • NTAP — NetApp, Inc.
  • OSS — One Stop Systems, Inc.
  • PCPPF — PC Partner Group Limited
  • PRWYF — Prodways Group S.A.
  • PXGYF — PAX Global Technology Limited
  • QBAK — Qualstar Corporation
  • QCLS — Q/C Technologies, Inc.
  • QMCO — Quantum Corporation
  • QNT — Quantinuum Inc. Class A Common Stock
  • QTEX — QTREX Quantum Ltd.
  • QUBT — Quantum Computing, Inc.
  • RDRSF — RDARS Inc.

ETFs holding D-Wave Quantum Inc.

  • CQTM — Corgi Quantum Computing ETF (10.17%)

News

Latest Market News