MetaCap

Open Text (OTEX) vs D-Wave Quantum (QBTS)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Open Text (OTEX) has outperformed D-Wave Quantum (QBTS) over the past year, losing 39.9% versus a loss of 57.4%. Over five years, QBTS leads with a +48.8% price change compared with -53.6% for OTEX. Open Text is the larger company by market cap ($5.64 billion vs $5.54 billion), about 1.0 times the size, while D-Wave Quantum is growing revenue faster (+178.5% vs +1.5%).

Open Text pays a dividend yielding 4.73%, while D-Wave Quantum does not currently pay one. Open Text converts more of its revenue into profit, with a net margin of 12.3% versus -1444.1%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

OTEX-39.86%QBTS-57.37%
+35%-16%-67%
Oct 8, 20251 yearOct 8, 2026
OTEX-52.73%QBTS+48.98%
+310%+98%-115%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

OTEX versus QBTS key metrics
MetricOTEXQBTS
Share price$23.24$14.60
Market cap$5.64B$5.54B
1-day change+0.43%-4.07%
YTD return-28.67%-44.17%
1-year return-39.86%-57.37%
5-year return-53.56%+48.83%
P/E ratio (TTM)9.01—
Forward P/E5.46—
EPS (TTM)$2.58$-0.69
Dividend yield4.73%0.00%
Annual dividend$1.10$0.00
Revenue (latest FY)$5.25B$24.59M
Revenue growth (YoY)+1.51%+178.54%
Net income (latest FY)$643.02M$-355.06M
Gross margin73.74%82.59%
Operating margin20.64%-408.22%
Net margin12.26%-1444.10%
52-week high$39.90$46.75
52-week low$19.78$12.75
Distance from 52-week high-41.75%-68.77%
Analyst consensusholdstrong_buy
Avg. price target upside+20.27%+137.33%
Average volume1.46M16.69M
Shares outstanding242.66M376.45M
Employees19,900382
SectorTechnologyTechnology
IndustryEDP ServicesEDP 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

  • OTEX has outperformed QBTS by 17.5 percentage points over the past year.
  • Open Text offers a meaningfully higher dividend yield (4.73% vs 0.00%).
  • Open Text is more profitable, keeping 12.3 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 +1.51%).

About Open Text

OTEX stock →

Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. Its products and solutions help organizations collect, connect, contextualize, protect, govern, use, and secure data across their operations.

Technology · EDP Services · 19,900 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

OTEX vs QBTS FAQ

Which is bigger, Open Text or D-Wave Quantum?

Open Text (OTEX) is larger, with a market capitalization of $5.64B compared with $5.54B for D-Wave Quantum (QBTS).

Which stock has performed better over the past year, OTEX or QBTS?

OTEX returned -39.86% over the past 12 months, compared with -57.37% for QBTS (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Open Text or D-Wave Quantum?

Open Text pays a dividend yielding 4.73%, while D-Wave Quantum does not currently pay a regular dividend.

Are Open Text and D-Wave Quantum in the same industry?

Yes. Both are classified in the EDP Services industry within the Technology sector.

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