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NYSE · TECHNOLOGY · Statistics

D-Wave Quantum Inc. valuation and key ratios.

Valuation, profitability, balance-sheet health, and risk metrics for QBTS — each field resolved through TECHi's unified market-data layer.

Valuation

Market cap
$8.84B
Enterprise value
$9.70B
P/E (TTM)
Pending
Forward P/E
Pending
PEG ratio
Pending
Lower = cheaper for the growth
Price / sales
709.99
Price / book
9.11
EPS (TTM)
$-1.14

Long-run compounding

CAGR since IPO and aggregate price growth.

Adjusted daily closes are annualized from the provider's historical price series; dividends are not included in this price-only return view.

CAGR since IPO
25.51%
From first adjusted close on August 8, 2022
Aggregate CAGR
91.38%
1Y, 3Y blended CAGR
First tracked close
$10.00
August 8, 2022
History span
3.8 yrs
Aug 8, 2022 to Jun 5, 2026 · 961 closes
Latest tracked close
$23.85
June 5, 2026
All-time high
$46.75
October 15, 2025
All-time low
$0.40
May 8, 2023
History source
Full range
Market data feed

Valuation map

P/E (TTM)
Forward P/E
Price / sales709.99
Price / book9.11

Risk and scale

Beta (5Y)2.06

More volatile than the market

Debt / equity0.04
Current ratio21.41

Pro formula stack

Ratios investors search for after the headline quote.

These are TECHi-computed from overview, income statement, balance sheet, and cash-flow rows when the market-data feed exposes the ingredients.

EV / revenue
779.29
Enterprise value / TTM revenue
EV / EBITDA
-24.30
Enterprise value / EBITDA
FCF yield
-1.16%
TTM free cash flow / market cap
Earnings yield
-4.69%
Inverse P/E
Rule of 40
-9.02%
Revenue growth + FCF margin
ROIC approx.
-17.27%
NOPAT / invested capital
CROIC
-12.27%
FCF / invested capital
TECHi quality score
2 / 7
7-point profitability, cash, leverage, and trend check

Quality and capital returns

FCF margin-8.21%

TTM free cash flow / TTM revenue

FCF conversion-0.28

TTM FCF / TTM net income

Gross profit / assets0.69%

Gross-profit productivity screen

Sales yield0.14%

TTM revenue / market cap

Balance-sheet and reinvestment reads

Net debt / EBITDA0.00

0.00 means net cash

Debt / FCF-0.46

Total debt / TTM FCF

R&D / revenue5.32%

Tech-stock reinvestment intensity

CapEx / revenue36.20%

Capital intensity of the business

Distress and optionality read

QBTS Altman Z-score: 69.18.

TECHi computes a non-financial-company Altman-style score from working capital, retained earnings, EBIT, market value, liabilities, revenue, and assets. It is not a bankruptcy prediction, but it gives pro readers a fast stress screen that most quote pages do not show beside live valuation metrics.

Altman Z-score
69.18
Higher = stronger stress profile
Net cash / share
$0.79
Cash minus debt, per share
Working capital
$578.75M
Current assets minus current liabilities
Debt growth YoY
+21.76%
Latest quarter vs same quarter last year

Profitability

Gross margin
66.27%
Operating margin
-19.15%
Net margin
0.00%
Return on equity
-55.30%
Return on assets
-11.80%
Debt / equity
0.04
Current ratio
21.41
>1 = covers near-term liabilities
Beta (5Y)
2.06

Margin profile

Gross margin66.27%
Operating margin-19.15%
Net margin0.00%
Return on equity-55.30%

Profitability read

QBTS converts 0.0% of revenue into net income.

Sub-8% net margins leave little cushion for input-cost shocks. Look for the operating-margin trend and the gross-margin floor — a stable gross with a recovering operating margin is the cleanest setup.

Per-share & range

Dividend yield
Pending
No dividend
Shares outstanding
367.27M
52w high
$46.75
52w low
$12.75

Corporate actions

Stock split history

Provider split feed

Latest split
Pending
No split events found
Split events
0
Latest split date
Pending
Split source
Pending

Provider and filing fields

Company statistics fields

TECHi resolves these from the strongest available provider, then falls back to official SEC filing facts and live quote-derived formulas when provider APIs go empty.

Revenue (TTM)
$12.44M
Market data feed
Gross profit (TTM)
$8.25M
Market data feed
EBITDA
Pending
Book value
$2.38
Market data feed
Revenue / share
$0.04
Market data feed
Earnings growth YoY
0.00%
Market data feed
Revenue growth YoY
-80.90%
Market data feed
50-day average
$20.27
Market data feed
200-day average
$23.37
Market data feed
Dividend / share
Pending
Dividend date
Pending
Ex-dividend date
Pending

Frequently asked

Common questions.

What is D-Wave Quantum Inc.'s market cap?

D-Wave Quantum Inc. (QBTS) has a market capitalization of $8.8 billion, computed from the latest share count and the live QBTS quote price on TECHi.

Where do TECHi's QBTS statistics come from?

Each metric on the QBTS Statistics page is resolved through TECHi's unified market-data layer and displayed only when the underlying field is available or can be computed cleanly.

How current is the QBTS statistics page?

Live quote-derived stats (52-week range, current ratio, beta) refresh every market session; reported fundamentals (margins, ROE, debt-to-equity) update each time the issuer files a new statement.