Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
QBTS
STRONG SELLD-Wave Quantum Inc. Common Stock · Technology · United States · $6.0B · Avg Vol: $366M/d
COMPANY DESCRIPTION
D-Wave Quantum Inc. is a pioneer in the commercial development and delivery of quantum computing systems, software, and services. The company is a market leader in quantum annealing technology, offering real-time cloud access to its systems for optimization problems in logistics, finance, and materials science. Its competitive advantage stems from its extensive patent portfolio and early commercial deployment of quantum hardware.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.2M | 8.8M | 8.8M | 24.6M | 50.8% | 12.4M | 42.8M | 74.1% |
| EPS | -0.14 | -0.26 | -0.75 | -1.11 | — | -1.14 | — | — |
| Shares | 367.3M | 367.3M | 266.6M | 358.7M | -2.3% | 367.3M | — | — |
| Debt | 42.3M | 72.7M | 38.4M | 43.5M | 0.9% | 46.8M | — | — |
| Equity | -29.5M | -24.5M | 62.6M | 852.2M | 1260.4% | — | — | — |
| Op CF | -45.2M | -60.6M | -42.6M | -72.0M | — | -97.7M | — | — |
| Inv CF | -0.5M | -0.6M | -3.1M | -251.1M | — | — | — | — |
| Fin CF | 43.3M | 95.6M | 182.4M | 779.1M | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of QBTS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| QBTS | D-Wave Quantum Inc. Common Stock(you) | $6.0B | 2 | STRONG SELL |
| RGTI | Rigetti Computing, Inc. | $4.7B | 4 | STRONG SELL |
| IONQ | IonQ, Inc. | $12.3B | 7 | STRONG SELL |
| QUBT | Quantum Computing Inc. | $1.7B | 4 | STRONG SELL |
| UMAC | Unusual Machines, Inc. | $925M | 18 | STRONG SELL |
| VELO | Velo3D, Inc. | $288M | 4 | STRONG SELL |
| P | Everpure, Inc. | $24.8B | 45 | HOLD |
| NNDM | Nano Dimension Ltd. | $309M | 17 | STRONG SELL |
| QMCO | Quantum Corporation | $437M | 29 | SELL |
| SSYS | Stratasys Ltd. | $697M | 39 | HOLD |
Peer medians: ROE 7.6% · P/E 37.2x · Gross margin 53.1%