QBTS Stock Price, D-Wave Quantum Inc. Quote, Chart

Market Summary

USD1.440.00

Market Closed

0.00%

QBTS Stock Price

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QBTS RSI Chart

QBTS Valuation

Market Cap

165.8M

Price/Earnings (Trailing)

-2.01

Price/Sales (Trailing)

18.94

EV/EBITDA

9.97

Price/Free Cashflow

-2.71

QBTS Price/Sales (Trailing)

QBTS Profitability

Operating Margin

52.77%

EBT Margin

276.96%

Return on Equity

337.87%

Return on Assets

-139.35%

Free Cashflow Yield

-36.92%

QBTS Fundamentals

QBTS Revenue

Revenue (TTM)

8.8M

Rev. Growth (Yr)

21.36%

Rev. Growth (Qtr)

13.43%

QBTS Earnings

Earnings (TTM)

-82.7M

Earnings Growth (Yr)

10.99%

Earnings Growth (Qtr)

0.57%

Breaking Down QBTS Revenue

Last 7 days

-6.0%

Last 30 days

-30.4%

Last 90 days

61.4%

Trailing 12 Months

184%

How does QBTS drawdown profile look like?

QBTS Financial Health

Current Ratio

4.18

Debt/Equity

-2.61

Debt/Cashflow

-0.95

QBTS Investor Care

Buy Backs (1Y)

8.16%

Diluted EPS (TTM)

-0.61

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	7.0M	7.4M	8.2M	8.8M
2022	6.6M	6.8M	7.2M	7.2M
2021	0	5.5M	5.9M	6.3M
2020	0	0	0	5.2M

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Tracking the Latest Insider Buys and Sells of D-Wave Quantum Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 27, 2024	nguyen diane	sold (taxes)	-11,672	1.95	-5,986	general counsel
Mar 27, 2024	nguyen diane	acquired	-	-	180,000	general counsel
Mar 27, 2024	markovich john m.	acquired	-	-	150,000	chief financial officer
Mar 27, 2024	markovich john m.	sold (taxes)	-27,153	1.95	-13,925	chief financial officer
Mar 27, 2024	baratz alan e	acquired	-	-	300,000	president & ceo
Mar 27, 2024	baratz alan e	sold (taxes)	-57,550	1.95	-29,513	president & ceo
Jan 10, 2024	baratz alan e	acquired	-	-	101,664	president & ceo
Jan 10, 2024	nguyen diane	acquired	-	-	32,785	general counsel
Jan 10, 2024	markovich john m.	acquired	-	-	67,168	chief financial officer
Jan 10, 2024	nguyen diane	acquired	-	-	36,351	general counsel

Which funds bought or sold QBTS recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 26, 2024	EQUITEC PROPRIETARY MARKETS, LLC	added	100	2,053	2,534	-%
Apr 25, 2024	SIMPLEX TRADING, LLC	added	363	88,000	97,000	-%
Apr 25, 2024	Bank of New York Mellon Corp	sold off	-100	-22,660	-	-%
Apr 23, 2024	DUPONT CAPITAL MANAGEMENT CORP	unchanged	-	2.00	4.00	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	new	-	54,911	54,911	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	2.09	44,251	76,639	-%
Apr 19, 2024	Cutler Group LLC / CA	reduced	-96.82	-2,000	-	-%
Apr 15, 2024	Procyon Advisors, LLC	sold off	-100	-64,682	-	-%
Apr 11, 2024	SANDERS MORRIS HARRIS LLC	new	-	3,983	3,983	-%
Apr 05, 2024	CWM, LLC	unchanged	-	22,000	38,000	-%

Are Funds Buying or Selling QBTS?

Are funds buying QBTS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own QBTS

No. of Funds

Unveiling D-Wave Quantum Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 05, 2024	goldman sachs group inc	1.9%	2,140,091	SC 13G/A
Feb 16, 2024	goldman sachs group inc	7.0%	7,939,415	SC 13G/A
Feb 14, 2024	goldman sachs group inc	5.0%	7,939,415	SC 13G/A

Recent SEC filings of D-Wave Quantum Inc.

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	4/A	Insider Trading
Apr 23, 2024	4/A	Insider Trading
Apr 23, 2024	4/A	Insider Trading
Apr 23, 2024	ARS	ARS
Apr 23, 2024	DEF 14A	DEF 14A
Apr 23, 2024	DEFA14A	DEFA14A
Apr 23, 2024	DEFA14A	DEFA14A
Apr 19, 2024	8-K	Current Report
Apr 16, 2024	424B3	Prospectus Filed
Apr 16, 2024	424B5	Prospectus Filed

Peers (Alternatives to D-Wave Quantum Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	193.5B	57.2B	-4.27%	1.12%	14.4	3.38	7.66%	18.93%
ANET	82.4B	5.9B	-9.07%	64.63%	39.49	14.07	33.75%	54.34%
HPQ	27.7B	53.1B	-6.45%	-4.85%	8.11	0.52	-11.04%	34.01%
HPE	22.3B	29.1B	-3.10%	19.97%	11.03	0.77	2.24%	133.29%
LOGI	12.5B	4.2B	-11.11%	33.60%	25.75	2.95	-11.68%	12.69%
JNPR	11.3B	5.3B	-5.15%	16.58%	50.36	2.11	-2.96%	-55.26%
MID-CAP
UI	6.6B	1.9B	-5.95%	-52.83%	17.7	3.51	4.69%	6.86%
BDC	3.5B	2.5B	-8.82%	7.04%	14.3	1.38	-3.62%	-4.73%
LITE	2.9B	1.4B	-8.09%	-9.80%	-11.01	2.04	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.5B	1.3B	0.09%	-35.04%	18.53	1.1	14.09%	64.56%
AAOI	392.4M	217.6M	-26.26%	426.80%	-7	1.8	-2.32%	15.59%
ADTN	359.2M	1.1B	-16.54%	-50.22%	-1.34	0.31	12.05%	-13041.29%
ALOT	135.1M	148.1M	0.22%	21.41%	28.79	0.91	3.90%	76.40%
AKTS	56.2M	29.7M	-3.39%	-80.00%	-0.81	1.89	39.86%	-13.06%
AIRG	55.7M	56.0M	-2.75%	-9.71%	-4.48	0.99	-26.16%	-43.53%

D-Wave Quantum Inc. News

Latest updates

D-Wave Quantum Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Revenue	13.4%	2,906	2,562	1,707	1,583	2,395	1,695	1,371	1,713	2,426	1,307	1,137	-
Cost Of Revenue	-9.1%	939	1,033	1,002	1,162	1,049	654	620	616	877	307	448	-
Gross Profit	28.6%	1,967	1,529	705	421	1,346	1,041	751	1,097	1,549	1,000	689	-
Operating Expenses	-7.2%	18,509	19,936	21,612	25,111	22,331	16,205	13,154	12,048	12,403	10,793	10,025	-
S&GA Expenses	-2.4%	2,414	2,474	2,488	2,900	4,021	2,773	1,739	1,600	2,204	1,679	1,226	-
R&D Expenses	-15.9%	7,956	9,459	9,548	10,915	10,319	7,507	7,456	6,802	6,133	6,313	6,291	-
EBITDA Margin	-6.3%	3.40*	3.63*	4.07*	4.27*	4.21*	4.19*	4.31*	4.23*	4.38*	-	-	-
Interest Expenses	-	-	-	-	212	1,400	1,069	1,746	63.00	1,138	205	207	-
Income Taxes	-	-	-	-	-	-	-	-19.80	-	-	-	-	-
Earnings Before Taxes	-	-	-	-	-	-	-	5,612	-	-	-	-1,333	-
EBT Margin	-5.8%	2.77*	2.94*	3.29*	3.44*	3.38*	3.37*	3.56*	3.68*	3.86*	-	-	-
Net Income	0.6%	-16,014	-16,106	-26,189	-24,406	-17,990	-11,650	-12,297	-11,553	-35,381	-4,209	-4,668	-
Net Income Margin	1.8%	-9.44*	-9.62*	-10.41*	-9.12*	-7.15*	-9.15*	-8.34*	-6.81*	-2.83*	-1.70*	-1.81*	-1.94*
Free Cashflow	10.4%	-15,181	-16,938	-15,465	-13,638	-11,074	-12,874	-12,043	-9,632	-7,466	-7,739	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet										(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2020Q4
Assets	-15.4%	59.00	70.00	25.00	27.00	27.00	34.00	36.00	33.00	29.00	36.00
Current Assets	-19.2%	47.00	58.00	13.00	15.00	14.00	21.00	1*	-	16.00	30.00
Cash Equivalents	-22.5%	41.00	53.00	8.00	9.00	7.00	14.00	10.00	18.00	9.00	21.00
Inventory	-7.4%	2.00	2.00	2.00	2.00	2.00	3.00	2.00	-	2.00	3.00
Net PPE	35.8%	3.00	2.00	2.00	2.00	2.00	3.00	3.00	-	3.00	3.00
Liabilities	-1.7%	84.00	85.00	76.00	58.00	56.00	38.00	12.00	30.00	48.00	15.00
Current Liabilities	-74.2%	11.00	44.00	34.00	18.00	16.00	14.00	36.00	-	10.00	12.00
Long Term Debt	94.5%	64.00	33.00	32.00	31.00	31.00	13.00	13.00	-	30.00	2.00
LT Debt, Current	-100.0%	-	30.00	16.00	1.00	2.00	2.00	21.00	-	0.00	0.00
LT Debt, Non Current	94.5%	64.00	33.00	32.00	31.00	31.00	13.00	13.00	-	30.00	2.00
Shareholder's Equity	-378.3%	-24.48	9.00	-51.53	-30.66	-29.46	-22.83	-40.95	-29.19	3.00	21.00
Retained Earnings	-3.4%	-483	-467	-450	-424	-400	-364	350	-	-346	-305
Additional Paid-In Capital	1.4%	469	462	410	405	381	370	148	-	149	145
Shares Outstanding	3.8%	161	155	128	127	113	122	125	125	112	127
Float	-	-	-	126	-	57.00	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)												(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Cashflow From Operations	12.6%	-14,739	-16,866	-15,470	-13,574	-10,861	-12,840	-11,990	-9,509	-7,185	-7,315	-	-
Share Based Compensation	-22.6%	4,557	5,885	4,722	6,755	5,809	1,755	817	783	1,184	225	-	-
Cashflow From Investing	-368.0%	-454	-97.00	-3.00	-76.00	-182	-98.00	-74.00	-144	-292	-442	-	-
Cashflow From Financing	-94.9%	3,228	62,751	14,065	15,592	4,298	16,202	4,893	17,872	8,923	2,863	-	-

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QBTS Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Income Statement [Abstract]

Revenue

$ 8,758

$ 7,173

Cost of revenue

4,136

2,923

Total gross profit

4,622

4,250

Operating expenses:

Research and development

37,878

32,101

General and administrative

37,014

21,539

Sales and marketing

10,276

10,068

Total operating expenses

85,168

63,708

Loss from operations

(80,546)

(59,458)

Other income (expense), net:

Interest expense

(37)

(2,335)

Change in fair value of Term Loan

640

0

Term Loan debt issuance costs

(2,118)

0

Change in fair value of warrant liabilities

262

6,173

Lincoln Park Purchase Agreement issuance costs

0

(629)

Other income (expense), net

(916)

2,547

Total other income (expense), net

(2,169)

5,756

Net loss

$ (82,715)

$ (53,702)

Net loss per share, basic (in usd per share)

$ (0.60)

$ (0.45)

Net loss per share, diluted (in usd per share)

$ (0.60)

$ (0.45)

Weighted-average shares used in computing net loss per share, basic (in shares)

^[1]

137,993,736

119,647,777

Weighted-average shares used in computing net loss per share, diluted (in shares)

^[1]

137,993,736

119,647,777

Comprehensive loss:

Net loss

$ (82,715)

$ (53,702)

Foreign currency translation adjustment, net of tax

(115)

41

Net comprehensive loss

$ (82,830)

$ (53,661)

[1]	Weighted-average shares have been retroactively restated to give effect to the Merger.

QBTS Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 41,307	$ 7,065
Trade accounts receivable, net	1,652	757
Research incentive receivable	0	264
Inventories	2,078	2,196
Prepaid expenses and other current assets	2,009	3,643
Total current assets	47,046	13,925
Property and equipment, net	2,551	2,294
Operating lease right-of-use assets	8,223	9,133
Intangible assets, net	179	244
Other non-current assets	1,357	1,351
Total assets	59,356	26,947
Current liabilities:
Trade accounts payable	1,465	3,756
Accrued expenses and other current liabilities	5,343	6,687
Current portion of operating lease liabilities	1,374	1,533
Loans payable, net, current	399	1,863
Deferred revenue, current	2,669	1,781
Promissory notes - related party	0	420
Total current liabilities	11,250	16,040
Warrant liabilities	1,630	1,892
Operating lease liabilities, net of current portion	7,028	7,301
Loans payable, net, non-current (including $31,400 and $— as of December 31, 2023 and 2022, respectively, at fair value)	63,850	31,168
Deferred revenue, non-current	79	9
Total liabilities	83,837	56,410
Commitments and contingencies (Note 14)
Stockholders' deficit:
Common stock, par value $0.0001 per share; 675,000,000 shares and unlimited shares authorized at December 31, 2023 and December 31, 2022, respectively; 161,113,744 shares and 113,335,530 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively.	16	11
Additional paid-in capital	469,081	381,274
Accumulated deficit	(483,061)	(400,346)
Accumulated other comprehensive loss	(10,517)	(10,402)
Total stockholders' deficit	(24,481)	(29,463)
Total liabilities and stockholders’ deficit	$ 59,356	$ 26,947

About D-Wave Quantum Inc.

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python 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 production implementation. The company's quantum solutions are used in logistics, financial services, drug discovery, materials sciences, scheduling, fault detection, mobility, and supply chain management. It serves financial services, manufacturing/logistics, mobility, and life sciences/pharmaceuticals industries. D-Wave Quantum Inc. was founded in 1999 and is headquartered in Burnaby, Canada.

CEO	Dr. Alan E. Baratz Ph.D.
WEBSITE	dwavesys.com
INDUSTRY	Computer Hardware
EMPLOYEES	215

D-Wave Quantum Inc. Frequently Asked Questions

What is the ticker symbol for D-Wave Quantum Inc.? What does QBTS stand for in stocks?

QBTS is the stock ticker symbol of D-Wave Quantum Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of D-Wave Quantum Inc. (QBTS)?

As of Mon Apr 29 2024, market cap of D-Wave Quantum Inc. is 165.85 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of QBTS stock?

You can check QBTS's fair value in chart for subscribers.

What is the fair value of QBTS stock?

You can check QBTS's fair value in chart for subscribers. The fair value of D-Wave Quantum Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of D-Wave Quantum Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for QBTS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is D-Wave Quantum Inc. a good stock to buy?

The fair value guage provides a quick view whether QBTS is over valued or under valued. Whether D-Wave Quantum Inc. is cheap or expensive depends on the assumptions which impact D-Wave Quantum Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for QBTS.

What is D-Wave Quantum Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 29 2024, QBTS's PE ratio (Price to Earnings) is -2.01 and Price to Sales (PS) ratio is 18.94. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. QBTS PE ratio will change depending on the future growth rate expectations of investors.