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D-Wave Quantum Inc. Common Stock

Company price
11.31 USD 0.63 ( 5.90%)
Last update at 2026-11-09T15:46:00Z
VOLUME
5689571
Market Cap
152.65M

Momentum Score

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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.

Source: TradingView
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Day Price Range
10.47
Low
11.33
High
52 Week Price Range
0.40
Low
3.20
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

D-Wave Quantum builds quantum computing hardware, software and cloud services centered on quantum annealing and hybrid quantum-classical workflows for optimization and related tasks. Growth may be supported by adoption of optimization use cases, expansion of cloud and software subscriptions, and processor improvements, and investors may view its position as one of few firms with commercially deployed quantum systems as attractive.
Key risks include limited proof of broad quantum advantage, strong competition from gate-model and classical providers, continued unprofitable operations and potential need for additional financing.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
10.68
Dividend Yield
-
Revenue TTM
8.25M
Revenue Per Share
0.07
Gross Profit TTM
4.25M
Debt / Equity
-3.08
ROE
-3494.11%
Net Debt
11.93M
ROCE
-535.71%
Diluted EPS TTM
-0.61

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31
Income before tax -51.53M -31.55M -10.02M
Net income -38.97M -34.07M -18.25M
Selling general administrative 21.54M 11.90M 11.59M
Selling and marketing expenses 10.07M 6.18M 3.71M
Gross profit 4.25M 4.53M 4.25M
Reconciled depreciation 2.33M 2.60M 2.73M
Ebit -59.46M -31.78M -19.44M
Ebitda -50.74M -28.38M -13.74M
Depreciation and amortization 8.72M 3.40M 5.70M
Non operating income net other 12.56M - -
Operating income -59.46M -31.78M -19.44M
Other operating expenses 66.63M 38.06M 24.60M
Interest expense 4.63M 1.73M 5.26M
Interest income 5.67M - 0.00M
Net interest income 1.04M -1.73M -5.26M
Income tax expense -12.56M 2.53M 8.23M
Total revenue 7.17M 6.28M 5.16M
Total operating expenses 63.71M 36.31M 23.68M
Cost of revenue 2.92M 1.75M 0.92M
Total other income expense net 7.93M 0.24M 9.42M
Net income from continuing ops -51.53M -31.55M -10.02M
Net income applicable to common shares -51.53M -31.55M -10.02M
Breakdown 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31
Total assets 26.95M 32.61M 47.46M
Intangible assets 0.24M 0.27M 0.15M
Other current assets 3.91M 2.35M 1.24M
Total liab 33.12M 29.59M 14.73M
Total stockholder equity -6.17M 3.02M 32.73M
Other current liab 6.69M 3.55M 3.18M
Common stock 0.01M 2.61M 2.49M
Capital stock 0.01M 192.49M 192.37M
Retained earnings -377.06M -325.27M -293.72M
Other liab 1.90M 0.07M -
Other assets 1.35M 0.18M 0.18M
Cash 7.07M 9.48M 21.34M
Total current liabilities 15.85M 10.29M 11.97M
Current deferred revenue 1.78M 2.69M 4.71M
Net debt 11.93M 11.69M -16.68M
Short term debt 3.62M 1.95M 1.90M
Short long term debt 2.09M 0.26M 0.35M
Short long term debt total 18.99M 21.17M 4.66M
Other stockholder equity 381.27M 146.24M 144.54M
Property plant equipment 2.29M 11.83M 5.84M
Total current assets 13.93M 19.16M 41.28M
Long term investments 1.17M 1.17M 0.01M
Net tangible assets -5.91M -187.13M -157.30M
Net receivables 1.02M 5.21M 16.18M
Long term debt 8.07M 12.23M 1.32M
Inventory 2.20M 2.11M 2.52M
Accounts payable 3.76M 2.11M 2.18M
Accumulated other comprehensive income -10.40M -10.44M -10.46M
Common stock total equity 0.01M - -
Retained earnings total equity -376.80M - -
Non currrent assets other 0.18M 0.18M 0.18M
Non current assets total 13.02M 13.45M 6.18M
Capital lease obligations 8.83M 8.68M 2.98M
Breakdown 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31
Investments -0.50M -2.00M -0.79M
Change to liabilities 4.31M -2.28M 0.94M
Total cashflows from investing activities -0.50M -2.00M -0.79M
Net borrowings -3.32M 24.83M 24.83M
Total cash from financing activities 43.27M 24.91M 43.14M
Change to operating activities 0.84M 0.77M -15.38M
Net income -51.53M -31.55M -10.02M
Change in cash -2.42M -11.85M 13.05M
Begin period cash flow 9.48M 21.34M 8.28M
End period cash flow 7.07M 9.48M 21.34M
Total cash from operating activities -45.23M -34.80M -29.29M
Issuance of capital stock 40.00M 0.09M 43.68M
Depreciation 2.33M 2.60M 2.73M
Other cashflows from investing activities -0.07M - -
Dividends paid 0.00M - 0.00M
Change to inventory -0.15M 0.18M -0.65M
Change to account receivables -0.34M 0.16M 8.00M
Sale purchase of stock 42.00M - -
Other cashflows from financing activities 25.17M 25.26M 43.14M
Change to netincome 1.80M -4.69M -14.90M
Capital expenditures 0.50M 2.00M 0.79M
Change receivables -0.34M - -
Cash flows other operating -0.75M - -
Cash and cash equivalents changes -2.46M - -
Change in working capital 3.02M -1.17M -7.09M
Stock based compensation 9.16M 1.74M 2.99M
Other non cash items -8.22M -5.44M -6.59M
Free cash flow -45.72M -36.80M -30.08M

Peer Comparison*

Sector: Technology Industry: Computer Hardware

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
QBTS
D-Wave Quantum Inc. Common Stock
0.63
5.90%
11.31 - - 18.23 17.09 17.52 -1.97
SNDK
Sandisk Corp
43.57
5.22%
878.63 21.05 6.87 11.07 14.44 11.00 16.82
STX
Seagate Technology PLC
39.95
8.67%
500.94 57.81 22.52 14.39 84.53 15.20 43.61
DELL
Dell Technologies Inc
20.34
6.19%
348.87 24.44 15.65 1.22 4.39 1.34 12.81
ANET
Arista Networks
15.01
8.79%
185.81 39.49 31.45 13.08 11.15 12.18 31.54

Profile*

D-Wave Quantum Inc. Common Stock

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.

3033 Beta Avenue, Burnaby, BC, Canada, V5G 4M9

604-630-1428

215

Name Title Year Born
Dr. Alan E. Baratz Ph.D. CEO & Director 1955
Mr. John M. Markovich Chief Financial Officer 1957
Mr. Eric Ladizinsky Co-Founder & Chief Scientist NA
Ms. Diane Nguyen VP of Legal NA
Ms. Michelle Maggs VP of Corp. Marketing NA
Ms. Victoria Brydon Sr. VP of People & Operational Excellence 1974
Dr. Mohammad H. S. Amin Principal Scientist NA
Dr. Mark W. Johnson Sr. VP of Quantum Technologies & Systems Products NA
Ms. Michele Macready Sr. VP of Software, Algorithms, Cloud & Professional Services NA
Mr. Mark Snedeker Sr. VP of Growth NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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