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

Market Summary

USD1.290.00

Market Closed

0.00%

QBTS Stock Price

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QBTS RSI Chart

QBTS Valuation

Market Cap

163.0M

Price/Earnings (Trailing)

-2.16

Price/Sales (Trailing)

16.91

EV/EBITDA

7.01

Price/Free Cashflow

-2.72

QBTS Price/Sales (Trailing)

QBTS Profitability

Operating Margin

60.79%

EBT Margin

251.62%

Return on Equity

204.59%

Return on Assets

-155.56%

Free Cashflow Yield

-36.8%

QBTS Fundamentals

QBTS Revenue

Revenue (TTM)

9.6M

Rev. Growth (Yr)

55.72%

Rev. Growth (Qtr)

-15.18%

QBTS Earnings

Earnings (TTM)

-75.6M

Earnings Growth (Yr)

29.12%

Earnings Growth (Qtr)

-8.03%

Breaking Down QBTS Revenue

Last 7 days

-0.8%

Last 30 days

-22.7%

Last 90 days

-25.9%

Trailing 12 Months

111.5%

How does QBTS drawdown profile look like?

QBTS Financial Health

Current Ratio

3.1

Debt/Equity

-1.71

Debt/Cashflow

-0.94

QBTS Investor Care

Buy Backs (1Y)

0.62%

Diluted EPS (TTM)

-0.52

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	9.6M	0	0	0
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
May 16, 2024	Arete Wealth Advisors, LLC	sold off	-100	-140,526	-	-%
May 16, 2024	JANE STREET GROUP, LLC	added	1.72	10,150	16,191	-%
May 16, 2024	JANE STREET GROUP, LLC	added	601	370,473	394,745	-%
May 15, 2024	Walleye Capital LLC	unchanged	-	14,633	25,735	-%
May 15, 2024	Laidlaw Wealth Management LLC	added	20.57	55,638	86,639	0.05%
May 15, 2024	Saba Capital Management, L.P.	unchanged	-	35,550	60,107	-%
May 15, 2024	Tower Research Capital LLC (TRC)	unchanged	-	6.00	9.00	-%
May 15, 2024	Cetera Advisor Networks LLC	sold off	-100	-12,321	-	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	unchanged	-	4,685	7,550	-%
May 15, 2024	LMR Partners LLP	unchanged	-	51,905	83,650	-%

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
May 13, 2024	10-Q	Quarterly Report
May 13, 2024	8-K	Current Report
Apr 23, 2024	DEFA14A	DEFA14A
Apr 23, 2024	DEFA14A	DEFA14A
Apr 23, 2024	DEF 14A	DEF 14A
Apr 23, 2024	ARS	ARS
Apr 23, 2024	4/A	Insider Trading
Apr 23, 2024	4/A	Insider Trading
Apr 23, 2024	4/A	Insider Trading
Apr 19, 2024	8-K	Current Report

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	195.2B	57.2B	0.84%	-0.02%	14.52	3.41	7.66%	18.93%
ANET	100.2B	6.1B	23.38%	126.13%	43.8	16.49	25.22%	50.89%
HPQ	30.6B	53.1B	12.68%	1.50%	8.95	0.58	-11.04%	34.01%
HPE	23.2B	29.1B	4.87%	23.94%	11.47	0.8	2.24%	133.29%
LOGI	13.8B	4.3B	13.89%	41.09%	22.55	3.21	-5.30%	67.91%
JNPR	11.3B	5.3B	-5.04%	17.70%	50.26	2.11	-2.96%	-55.26%
MID-CAP
UI	8.8B	1.9B	37.99%	-15.28%	25.3	4.63	1.03%	-11.76%
BDC	3.8B	2.4B	13.60%	9.12%	21.17	1.58	-8.79%	-36.23%
LITE	3.1B	1.4B	9.65%	-2.83%	-8.78	2.19	-21.81%	-865.12%
SMALL-CAP
EXTR	1.5B	1.2B	4.94%	-36.59%	-239.63	1.24	-0.19%	-110.91%
AAOI	456.4M	205.3M	-2.09%	570.29%	-7.25	2.22	-8.19%	5.55%
ADTN	417.7M	1.1B	13.55%	-38.68%	-0.76	0.4	-12.01%	-1246.95%
ALOT	135.5M	148.1M	4.92%	16.09%	28.87	0.92	3.90%	76.40%
AIRG	56.5M	53.8M	-4.90%	-	-4.7	1.05	-28.06%	-33.67%
AKTS	34.5M	29.9M	-30.00%	-88.82%	-0.45	1.16	39.86%	-24.01%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Revenue	-15.2%	2,465	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	-14.2%	806	939	1,033	1,002	1,162	1,049	654	620	616	877	307	448	-
Gross Profit	-15.7%	1,659	1,967	1,529	705	421	1,346	1,041	751	1,097	1,549	1,000	689	-
Operating Expenses	3.6%	19,175	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	27.8%	3,084	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	7.2%	8,525	7,956	9,459	9,548	10,915	10,319	7,507	7,456	6,802	6,133	6,313	6,291	-
EBITDA Margin	-9.5%	3.07*	3.40*	3.63*	4.07*	4.26*	4.18*	4.12*	4.24*	4.16*	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	-9.1%	2.52*	2.77*	2.94*	3.29*	3.44*	3.38*	3.37*	3.56*	3.68*	3.86*	-	-	-
Net Income	-8.0%	-17,300	-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	17.0%	-7.84*	-9.44*	-10.27*	-10.87*	-9.42*	-7.46*	-9.84*	-9.31*	-8.48*	-4.60*	-3.72*	-3.97*	-4.26*
Free Cashflow	18.3%	-12,405	-15,181	-16,948	-15,465	-13,638	-11,035	-12,914	-12,042	-9,632	-7,466	-7,739	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet											(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2020Q4
Assets	-18.1%	49.00	59.00	70.00	25.00	27.00	27.00	34.00	36.00	33.00	29.00	36.00
Current Assets	-28.4%	34.00	47.00	58.00	13.00	15.00	14.00	21.00	1*	-	16.00	30.00
Cash Equivalents	-33.9%	27.00	41.00	53.00	8.00	9.00	7.00	14.00	10.00	18.00	9.00	21.00
Inventory	0.0%	2.00	2.00	2.00	2.00	2.00	2.00	3.00	2.00	-	2.00	3.00
Net PPE	14.0%	3.00	3.00	2.00	2.00	2.00	2.00	3.00	3.00	-	3.00	3.00
Liabilities	2.1%	86.00	84.00	85.00	76.00	58.00	56.00	38.00	12.00	30.00	48.00	15.00
Current Liabilities	-3.5%	11.00	11.00	44.00	34.00	18.00	16.00	14.00	36.00	-	10.00	12.00
Long Term Debt	-1.3%	63.00	64.00	33.00	32.00	31.00	31.00	13.00	13.00	-	30.00	2.00
LT Debt, Current	-	-	-	30.00	16.00	1.00	2.00	2.00	21.00	-	0.00	0.00
LT Debt, Non Current	-100.0%	-	64.00	33.00	32.00	31.00	31.00	13.00	13.00	-	30.00	2.00
Shareholder's Equity	-51.0%	-36.96	-24.48	9.00	-51.53	-30.66	-29.46	-22.83	-40.95	-29.19	3.00	21.00
Retained Earnings	-3.6%	-500	-483	-467	-450	-424	-400	-364	350	-	-346	-305
Additional Paid-In Capital	1.0%	474	469	462	410	405	381	370	148	-	149	145
Shares Outstanding	-27.5%	117	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Cashflow From Operations	17.9%	-12,100	-14,739	-16,866	-15,470	-13,574	-10,861	-12,840	-11,990	-9,509	-7,185	-7,315	-	-
Share Based Compensation	-23.0%	3,509	4,557	5,885	4,722	6,755	5,809	1,755	817	783	1,184	225	-	-
Cashflow From Investing	-165.4%	-1,205	-454	-97.00	-3.00	-76.00	-182	-98.00	-74.00	-144	-292	-442	-	-
Cashflow From Financing	-122.5%	-726	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

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 2,465	$ 1,583
Cost of revenue	806	1,162
Total gross profit	1,659	421
Operating expenses:
Research and development	8,525	10,915
General and administrative	7,566	11,296
Sales and marketing	3,084	2,900
Total operating expenses	19,175	25,111
Loss from operations	(17,516)	(24,690)
Other income, net:
Interest expense	(1,140)	(212)
Change in fair value of Term Loan	1,199	0
Gain on investment in marketable equity securities	1,660	0
Change in fair value of warrant liabilities	(2,652)	638
Other income (expense), net	1,137	(142)
Total other income, net	204	284
Net loss	$ (17,312)	$ (24,406)
Net loss per share, basic (in usd per share)	$ (0.11)	$ (0.20)
Net loss per share, diluted (in usd per share)	$ (0.11)	$ (0.20)
Weighted-average shares used in computing net loss per share, basic (in shares)	161,308,490	123,144,097
Weighted-average shares used in computing net loss per share, diluted (in shares)	161,308,490	123,144,097
Comprehensive loss:
Net loss	$ (17,312)	$ (24,406)
Foreign currency translation adjustment, net of tax	47	(19)
Net comprehensive loss	$ (17,265)	$ (24,425)

QBTS Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash	$ 27,304	$ 41,307
Trade accounts receivable, net	1,735	1,652
Inventories	2,079	2,078
Prepaid expenses and other current assets	2,569	2,009
Total current assets	33,687	47,046
Property and equipment, net	2,909	2,551
Operating lease right-of-use assets	7,879	8,223
Intangible assets, net	302	179
Other non-current assets	3,828	1,357
Total assets	48,605	59,356
Current liabilities:
Trade accounts payable	1,037	1,465
Accrued expenses and other current liabilities	6,007	5,343
Current portion of operating lease liabilities	1,448	1,374
Loans payable, net, current	369	399
Deferred revenue, current	1,999	2,669
Total current liabilities	10,860	11,250
Warrant liabilities	4,282	1,630
Operating lease liabilities, net of current portion	6,978	7,028
Loans payable, net, non-current (including $31,100 and $31,400 as of March 31, 2024 and December 31, 2023, respectively, at fair value)	63,043	63,850
Deferred revenue, non-current	399	79
Total liabilities	85,562	83,837
Commitments and contingencies (Note 10)
Stockholders' deficit:
Common stock, par value $0.0001 per share; 675,000,000 shares authorized at both March 31, 2024 and December 31, 2023; 161,675,010 shares and 161,113,744 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively.	16	16
Additional paid-in capital	473,870	469,081
Accumulated deficit	(500,373)	(483,061)
Accumulated other comprehensive loss	(10,470)	(10,517)
Total stockholders' deficit	(36,957)	(24,481)
Total liabilities and stockholders’ deficit	$ 48,605	$ 59,356

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 Fri May 17 2024, market cap of D-Wave Quantum Inc. is 163.03 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 Fri May 17 2024, QBTS's PE ratio (Price to Earnings) is -2.16 and Price to Sales (PS) ratio is 16.91. 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.