D-Wave Quantum Inc.
CAFinancials
Valuation Metrics
D-Wave Quantum Inc.'s Market Cap is $6.34B. At end of 2025 it was $9.23B. Ranked #1157 of 3,121 in US market (top 37%), #776 of 1,658 on NYSE (top 47%), #50 of 99 in Technology Hardware & Equipment (top 51%) by Market Cap.
Investment Metrics(as of 2026-09-18)
| Metric | Value | Rank |
|---|---|---|
| Size | ||
| Market Cap | $6.34B | US#1,157/3,121 Sec#50/99 |
| Revenue | $12M | US#2,831/3,121 Sec#94/99 |
| Net Income | $-249M | US—/3,121 Sec—/99 |
| Total Assets | $1.16B | US#2,410/3,121 Sec#70/99 |
| Net Assets | $1.08B | US#1,716/3,121 Sec#62/99 |
| Employees | 385 | US#2,351/3,121 Sec#86/99 |
| Value | ||
| P/B | 5.85x | US#2,355/3,121 Sec#71/99 |
| P/S | 510.13x | US#2,979/3,121 Sec#99/99 |
| FCF Yield | -1.88% | US—/3,121 Sec—/99 |
| Profitability | ||
| ROE | -22.96% | US#2,517/3,121 Sec#89/99 |
| ROA | -21.47% | US#2,815/3,121 Sec#94/99 |
| Op. Margin | -1372.88% | US#2,837/3,121 Sec#95/99 |
| Revenue Growth | -44.22% | US#2,741/3,121 Sec#96/99 |
| Financial Health | ||
| Debt Ratio | 6.95% | US#63/3,121 Sec#2/99 |
| Total Debt | $13M | US#2,815/3,121 Sec#88/99 |
| FCF | $-119M | US#2,668/3,121 Sec#90/99 |
| Cash | $297M | US#1,426/3,121 Sec#56/99 |
| Current Ratio | 20.55x | US#119/3,121 Sec#2/99 |
| Performance | ||
| 1Y Return | -28.77% | US#2,434/3,121 Sec#83/99 |
| 1M Return | -11.44% | US#2,381/3,121 Sec#68/99 |
| From 52W High | -63.40% | US#2,932/3,121 Sec#92/99 |
| 1Y MDD | -71.01% | US#2,976/3,121 Sec#95/99 |
| Trading | ||
| Volume | 17,750,903 shares | US#63/3,121 Sec#5/99 |
| Trading Value | $306M | US#239/3,121 Sec#23/99 |
| Per Share | ||
| EPS | $-0.67 | US—/3,121 Sec—/99 |
| BPS | $2.92 | US#2,503/3,121 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.