D-Wave Quantum Inc. | Mid-cap | Technology
$14.06
-0.85%
| D-Wave Quantum Stock Comparison:
D-Wave Quantum vs Arista NetworksD-Wave Quantum vs Dell TechnologiesD-Wave Quantum vs IonQD-Wave Quantum vs Rigetti ComputingD-Wave Quantum vs Seagate TechnologyD-Wave Quantum vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 8.8M
Gross Profit 5.6M 63.02%
Operating Income -77.2M -874.85%
Net Income -143.9M -1,629.99%

Balance Sheet Metrics

Total Assets 199.9M
Total Liabilities 137.2M
Shareholders Equity 62.6M
Debt to Equity 2.19

Cash Flow Metrics

Operating Cash Flow -110.2M
Free Cash Flow -45.0M

Revenue & Profitability Trend

D-Wave Quantum Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 8.8M 8.8M 7.2M 6.3M 5.2M
Cost of Goods Sold 3.3M 4.1M 2.9M 1.8M 915.0K
Gross Profit 5.6M 4.6M 4.2M 4.5M 4.2M
Operating Expenses 82.8M 85.2M 63.7M 36.3M 23.7M
Operating Income -77.2M -80.5M -59.5M -38.9M -31.5M
Pre-tax Income -143.9M -82.7M -53.7M -41.0M -22.0M
Income Tax - - - - -
Net Income -143.9M -82.7M -53.7M -41.0M -22.0M
EPS (Diluted) - -$0.60 -$0.45 -$0.37 -$0.20

Income Statement Trend

D-Wave Quantum Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 185.0M 47.0M 13.9M 16.0M 41.3M
Non-Current Assets 14.8M 12.3M 13.0M 13.5M 6.2M
Total Assets 199.9M 59.4M 26.9M 29.5M 47.5M
Liabilities
Current Liabilities 30.1M 11.2M 16.0M 10.4M 12.0M
Non-Current Liabilities 107.1M 72.6M 40.4M 37.4M 2.8M
Total Liabilities 137.2M 83.8M 56.4M 47.8M 14.7M
Equity
Total Shareholders Equity 62.6M -24.5M -29.5M -18.4M 32.7M

Balance Sheet Composition

D-Wave Quantum Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income -143.9M -82.7M -53.7M -41.0M -22.0M
Operating Cash Flow -110.2M -61.6M -37.0M -33.4M -12.4M
Investing Activities
Capital Expenditures -2.1M -583.0K -423.0K -1.8M -736.0K
Investing Cash Flow -2.9M -583.0K -423.0K -1.8M -736.0K
Financing Activities
Dividends Paid - 0 0 0 0
Financing Cash Flow 180.7M 93.2M 43.1M 24.8M 43.1M
Free Cash Flow -45.0M -61.3M -45.7M -36.8M -30.1M

Cash Flow Trend

D-Wave Quantum Key Financial Ratios

Valuation Ratios

Forward P/E -57.46
Price to Book 20.98
Price to Sales 218.53
PEG Ratio -57.46

Profitability Ratios

Profit Margin 63.02%
Operating Margin -75.27%
Return on Equity -154.89%
Return on Assets -23.72%

Financial Health

Current Ratio 20.73
Debt to Equity 18.54
Beta 1.48

Per Share Data

EPS (TTM) -$0.66
Book Value per Share $0.71
Revenue per Share $0.10

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
qbts 4.7B - 20.98 -154.89% 63.02% 18.54
Arista Networks 108.3B 36.39 10.71 33.68% 40.72% 0.00
Dell Technologies 80.1B 18.53 -27.01 -331.07% 4.72% -9.80
IonQ 10.6B - 12.82 -52.11% 52.18% 2.27
Rigetti Computing 3.7B - 15.93 -85.28% 52.80% 4.06
Seagate Technology 28.2B 19.12 -35.19 -22.47% 17.49% -6.21

Financial data is updated regularly. All figures are in the company's reporting currency.