QBTS · D-Wave Quantum Inc.
$16.66
+0.09 (+0.51%)
At close · Oct 1
Return incl. dividend (before tax)
Market Cap
$6.43B
Shares
369.26M
Volume · Oct 1
2.2M
Avg daily vol (3M)
17.04M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$16.57
Open$16.43
Day$16.39–17.20
52W close$12.98–44.78
Avg vol 30d16.2M
Short int68.0M · 18.4% float · 4.7d
Short vol49%
Last earningsAug 6, 2026
DataDec 2020–Sep 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 3, 2026
Est · unconfirmed
· in 5 wks
filed Aug 6, 2026
call held May 12, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$12.43M
Trailing 12 months
Net income (TTM)
−$248.70M
Trailing 12 months
Revenue growth YoY
-0.6%
Year over year
Operating margin
-1,372.9%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-1.9%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+22.7%
Year over year · more shares
Price change (1Y)
-35.1%
Trailing year
Short interest
18.4%
Latest settlement · 4.7 days to cover
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Sell
Momentum
Strong
Sentiment
Bullish
Fundamentals
Fair
Quant / Vol
Very High
Market backdrop
VIX 16.3 · calm
Equity put/call 0.53
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−21%
below
Price vs 50-day avg
−9%
below
RSI (14)
44
neutral
MACD trend
Positive
52-week position
11%
near low
Momentum
relative strength
1-month return
0%
trailing
6-month return
+19%
trailing
YTD return
−37%
this year
Relative strength
+7%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $18 › 200d $21 — 200d above 50d
Institutional flow
Accumulating
+13% holders QoQ · +136 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
18.41% of float · ▼ -4.9% MoM · 4.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
570 holders — near 3-yr high, broad support
Squeeze score
59
elevated · 0–100
Fundamentals
Revenue growth
+179%
Y/Y
Gross margin
83%
expanding
EPS growth
−48%
Y/Y
Free cash flow
$-75.8M
Balance sheet
$2.4M
net debt
Quant / Vol
risk profile
Volatility
110%
annualized · 1-yr
Max drawdown
−71%
past year
ATR
6.4%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guided vs delivered
· last 1 settled
Fiscal 2023 revenue
fiscal 2023
guided $10M – $11.5M
$8.76M
Miss −18.5%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−21%
Bearish
Price vs 50-day avg
−9%
Bearish
RSI (14)
44
Neutral
MACD trend
Positive
Bullish
52-week position
11%
Bearish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $18 › 200d $21 — 200d above 50d
Institutional flow
Accumulating
+13% holders QoQ · +136 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
18.41% of float · ▼ -4.9% MoM · 4.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
570 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $13
Now $17 · 11%
Range high $45
vs 200-day avg -21%
vs 50-day avg -9%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Bookings | $35.5M | six months ended June 30, 2026 | — |
| Liquidity Position | $546.2M | Q2 2026 | — |
| Non-GAAP Adjusted Operating Expenses non-GAAP | $73.9M | the six months ended June 30, 2026 | — |
| Non-GAAP Gross Margin non-GAAP | 67.7% | the six months ended June 30, 2026 | — |
| Non-GAAP Gross Profit non-GAAP | $4M | the six months ended June 30, 2026 | — |
| QCaaS Production Revenue | $1.3M | six months ended June 30, 2026 | — |
| Remaining Performance Obligations | $40.7M | As of June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Computer Hardware — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
QBTS
this stock
D-Wave Quantum Inc.
|
$6.43B | -36.6% | +178.5% | — | 18.4% |
|
DELL
Dell Technologies Inc.
|
$349.01B | +327.4% | +18.8% | 31.9 | 2.2% |
|
SNDK
Sandisk Corp
|
$260.30B | +633.0% | +175.3% | 24.1 | 3.8% |
|
ANET
Arista Networks, Inc.
|
$255.61B | +55.4% | +28.6% | 64.1 | 1.1% |
|
STX
Seagate Technology Holdings plc
|
$207.79B | +234.9% | -36.7% | 66.0 | 4.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| QBTS | -1.4% | +0.2% | +19.5% | -3.7% | -36.6% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -0.8% | +0.1% | +7.3% | -3.1% | -48.5% |
Key facts
CIK
1907982
CUSIP
26740W109
13F (30d)
18 filings
13 filers
Visit website
Investor relations