Parsons (PSN) 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
Parsons (PSN) has outperformed D-Wave Quantum (QBTS) over the past year, losing 52.1% versus a loss of 57.4%. Over five years, QBTS leads with a +55.1% price change compared with +16.2% for PSN. D-Wave Quantum is the larger company by market cap ($5.54 billion vs $4.59 billion), about 1.2 times the size.
Parsons converts more of its revenue into profit, with a net margin of 3.8% 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 | PSN | QBTS |
|---|---|---|
| Share price | $43.02 | $14.60 |
| Market cap | $4.59B | $5.54B |
| 1-day change | +2.38% | -4.07% |
| YTD return | -32.01% | -41.80% |
| 1-year return | -52.12% | -57.39% |
| 5-year return | +16.17% | +55.15% |
| P/E ratio (TTM) | 29.67 | — |
| Forward P/E | 12.58 | — |
| EPS (TTM) | $1.45 | $-0.69 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $6.36B | $24.59M |
| Revenue growth (YoY) | -5.72% | +178.54% |
| Net income (latest FY) | $241.14M | $-355.06M |
| Gross margin | 22.49% | 82.59% |
| Operating margin | 6.57% | -408.22% |
| Net margin | 3.79% | -1444.10% |
| 52-week high | $89.50 | $46.75 |
| 52-week low | $36.26 | $12.75 |
| Distance from 52-week high | -51.93% | -68.77% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +36.52% | +137.33% |
| Average volume | 1.40M | 16.69M |
| Shares outstanding | 106.81M | 376.45M |
| Employees | 21,000 | 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
- Parsons is more profitable, keeping 3.8 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 -5.72%).
About Parsons
PSN stock →Parsons Corporation provides design, engineering and technical services, and smart and agile software for the United States federal government and critical infrastructure customers worldwide. It operates through Federal Solutions and Critical Infrastructure segments.
Technology · EDP Services · 21,000 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
PSN vs QBTS FAQ
Which is bigger, Parsons or D-Wave Quantum?
D-Wave Quantum (QBTS) is larger, with a market capitalization of $5.54B compared with $4.59B for Parsons (PSN).
Which stock has performed better over the past year, PSN or QBTS?
PSN returned -52.12% over the past 12 months, compared with -57.39% for QBTS (price return, excluding dividends). Past performance does not predict future results.
Are Parsons and D-Wave Quantum in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.