MetaCap

Pegasystems (PEGA) vs D-Wave Quantum (QBTS)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

Pegasystems (PEGA) has outperformed D-Wave Quantum (QBTS) over the past year, losing 36.6% versus a loss of 58.5%. Over five years, QBTS leads with a +48.5% price change compared with -44.9% for PEGA. Pegasystems is the larger company by market cap ($5.86 billion vs $5.53 billion), about 1.1 times the size, while D-Wave Quantum is growing revenue faster (+178.5% vs +16.6%).

Pegasystems pays a dividend yielding 0.34%, while D-Wave Quantum does not currently pay one. Pegasystems converts more of its revenue into profit, with a net margin of 22.5% versus -1444.1%.

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

Relative performance

PEGA-36.60%QBTS-58.45%
+32%-18%-68%
Oct 9, 20251 yearOct 9, 2026
PEGA-42.71%QBTS+48.67%
+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

PEGA versus QBTS key metrics
MetricPEGAQBTS
Share price$35.65$14.57
Market cap$5.86B$5.53B
1-day change+0.45%-0.21%
YTD return-40.30%-44.28%
1-year return-36.60%-58.45%
5-year return-44.89%+48.52%
P/E ratio (TTM)20.14—
Forward P/E13.71—
EPS (TTM)$1.77$-0.69
Dividend yield0.34%0.00%
Annual dividend$0.12$0.00
Revenue (latest FY)$1.75B$24.59M
Revenue growth (YoY)+16.61%+178.54%
Net income (latest FY)$393.44M$-355.06M
Gross margin75.86%82.59%
Operating margin15.07%-408.22%
Net margin22.54%-1444.10%
52-week high$68.10$46.75
52-week low$25.10$12.75
Distance from 52-week high-47.65%-68.83%
Analyst consensusbuystrong_buy
Avg. price target upside+16.21%+137.82%
Average volume2.57M16.73M
Shares outstanding164.40M376.45M
Employees5,598382
SectorTechnologyTechnology
IndustrySoftware - ApplicationEDP 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

  • PEGA has outperformed QBTS by 21.9 percentage points over the past year.
  • Pegasystems is more profitable, keeping 22.5 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 +16.61%).

About Pegasystems

PEGA stock →

Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Technology · Software - Application · 5,598 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

PEGA vs QBTS FAQ

Which is bigger, Pegasystems or D-Wave Quantum?

Pegasystems (PEGA) is larger, with a market capitalization of $5.86B compared with $5.53B for D-Wave Quantum (QBTS).

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

PEGA returned -36.60% over the past 12 months, compared with -58.45% for QBTS (price return, excluding dividends). Past performance does not predict future results.

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

Pegasystems pays a dividend yielding 0.34%, while D-Wave Quantum does not currently pay a regular dividend.

Are Pegasystems and D-Wave Quantum in the same industry?

Both are in the Technology sector, but in different industries: Software - Application for Pegasystems and EDP Services for D-Wave Quantum.

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