EPAM Systems (EPAM) vs D-Wave Quantum (QBTS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
EPAM Systems (EPAM) has outperformed D-Wave Quantum (QBTS) over the past year, losing 24.6% versus a loss of 57.4%. Over five years, QBTS leads with a +48.8% price change compared with -81.6% for EPAM. EPAM Systems is the larger company by market cap ($5.87 billion vs $5.54 billion), about 1.1 times the size, while D-Wave Quantum is growing revenue faster (+178.5% vs +15.4%).
EPAM Systems converts more of its revenue into profit, with a net margin of 6.9% versus -1444.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EPAM | QBTS |
|---|---|---|
| Share price | $113.86 | $14.60 |
| Market cap | $5.87B | $5.54B |
| 1-day change | +5.11% | -4.07% |
| YTD return | -44.43% | -44.17% |
| 1-year return | -24.63% | -57.37% |
| 5-year return | -81.61% | +48.83% |
| P/E ratio (TTM) | 15.45 | — |
| Forward P/E | 8.10 | — |
| EPS (TTM) | $7.37 | $-0.69 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $5.46B | $24.59M |
| Revenue growth (YoY) | +15.42% | +178.54% |
| Net income (latest FY) | $377.68M | $-355.06M |
| Gross margin | 28.83% | 82.59% |
| Operating margin | 9.53% | -408.22% |
| Net margin | 6.92% | -1444.10% |
| 52-week high | $222.53 | $46.75 |
| 52-week low | $73.06 | $12.75 |
| Distance from 52-week high | -48.83% | -68.77% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +7.87% | +137.33% |
| Average volume | 1.34M | 16.69M |
| Shares outstanding | 51.59M | 376.45M |
| Employees | 62,850 | 382 |
| Sector | Technology | Technology |
| Industry | EDP Services | EDP Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- EPAM has outperformed QBTS by 32.7 percentage points over the past year.
- EPAM Systems is more profitable, keeping 6.9 cents of every revenue dollar as net income versus -1444.1 cents for D-Wave Quantum.
- D-Wave Quantum grew revenue faster in its latest fiscal year (+178.54% vs +15.42%).
About EPAM Systems
EPAM stock →EPAM Systems, Inc. provides digital platform engineering and software development services worldwide.
Technology · EDP Services · 62,850 employees
About D-Wave Quantum
QBTS stock →D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide.
Technology · EDP Services · 382 employees
EPAM vs QBTS FAQ
Which is bigger, EPAM Systems or D-Wave Quantum?
EPAM Systems (EPAM) is larger, with a market capitalization of $5.87B compared with $5.54B for D-Wave Quantum (QBTS).
Which stock has performed better over the past year, EPAM or QBTS?
EPAM returned -24.63% over the past 12 months, compared with -57.37% for QBTS (price return, excluding dividends). Past performance does not predict future results.
Are EPAM Systems and D-Wave Quantum in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.