D-Wave Quantum Inc.
CAFinancials
Valuation Metrics
D-Wave Quantum Inc.'s Market Cap is $3.74B. At end of 2025 it was $9.23B. Ranked #1516 of 3,118 in US market (top 49%), #992 of 1,644 on NYSE (top 60%), #57 of 99 in Technology Hardware & Equipment (top 58%) by Market Cap.
Investment Metrics(as of 2026-11-02)
| Metric | Value | Rank |
|---|---|---|
| Size | ||
| Market Cap | $3.74B | US#1,516/3,118 Sec#57/99 |
| Net Income | $-249M | US—/3,118 Sec—/99 |
| Total Assets | $1.16B | US#2,399/3,118 Sec#71/99 |
| Net Assets | $1.08B | US#1,705/3,118 Sec#62/99 |
| Employees | 385 | US#2,338/3,118 Sec#86/99 |
| Value | ||
| P/B | 3.45x | US#1,971/3,118 Sec#51/99 |
| P/S | 181.68x | US#2,955/3,118 Sec#97/99 |
| FCF Yield | -3.19% | US—/3,118 Sec—/99 |
| Profitability | ||
| ROE | -22.96% | US#2,507/3,118 Sec#90/99 |
| ROA | -21.47% | US#2,805/3,118 Sec#95/99 |
| Financial Health | ||
| Debt Ratio | 6.95% | US#61/3,118 Sec#2/99 |
| Total Debt | $13M | US#2,799/3,118 Sec#87/99 |
| FCF | $-119M | US#2,667/3,118 Sec#89/99 |
| Cash | $297M | US#1,423/3,118 Sec#55/99 |
| Current Ratio | 20.55x | US#115/3,118 Sec#2/99 |
| Performance | ||
| 1Y Return | -72.77% | US#3,037/3,118 Sec#96/99 |
| 1M Return | -36.02% | US#3,040/3,118 Sec#99/99 |
| From 52W High | -73.18% | US#2,987/3,118 Sec#95/99 |
| 1Y MDD | -69.51% | US#2,946/3,118 Sec#95/99 |
| Trading | ||
| Volume | 10,367,055 shares | US#106/3,118 Sec#7/99 |
| Trading Value | $107M | US#593/3,118 Sec#37/99 |
| Per Share | ||
| EPS | $-0.67 | US—/3,118 Sec—/99 |
| BPS | $2.92 | US#2,492/3,118 Sec#86/99 |
Company Info
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 cloud-based service that enables real-time interaction with a live quantum computer. This service further provides access to Advantage, along with hybrid problem-solving tools, the Ocean Software Development Kit, live code samples, demonstrations, learning resources, and a vibrant developer community. Additionally, D-Wave provides a dedicated "D-Wave Launch" professional service, guiding enterprises from initial problem identification through to production deployment of quantum applications. Their quantum solutions are leveraged across various domains such as artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. They serve industries including manufacturing, logistics, financial services, and life sciences, among others. D-Wave Quantum Inc. is headquartered in Burnaby, Canada.