D-Wave Quantum (QBTS) vs RingCentral (RNG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
RingCentral (RNG) has outperformed D-Wave Quantum (QBTS) over the past year, gaining 189.2% versus a loss of 57.4%. Over five years, QBTS leads with a +48.8% price change compared with -66.7% for RNG. RingCentral is the larger company by market cap ($6.62 billion vs $5.53 billion), about 1.2 times the size, while D-Wave Quantum is growing revenue faster (+178.5% vs +4.8%).
RingCentral pays a dividend yielding 0.19%, while D-Wave Quantum does not currently pay one. RingCentral converts more of its revenue into profit, with a net margin of 1.7% 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 | QBTS | RNG |
|---|---|---|
| Share price | $14.57 | $79.27 |
| Market cap | $5.53B | $6.62B |
| 1-day change | -0.21% | +1.17% |
| YTD return | -44.17% | +171.30% |
| 1-year return | -57.37% | +189.22% |
| 5-year return | +48.83% | -66.71% |
| P/E ratio (TTM) | — | 63.42 |
| Forward P/E | — | 14.21 |
| EPS (TTM) | $-0.69 | $1.25 |
| Dividend yield | 0.00% | 0.19% |
| Annual dividend | $0.00 | $0.15 |
| Revenue (latest FY) | $24.59M | $2.52B |
| Revenue growth (YoY) | +178.54% | +4.78% |
| Net income (latest FY) | $-355.06M | $43.39M |
| Gross margin | 82.59% | 71.24% |
| Operating margin | -408.22% | 4.79% |
| Net margin | -1444.10% | 1.73% |
| 52-week high | $46.75 | $81.90 |
| 52-week low | $12.75 | $24.14 |
| Distance from 52-week high | -68.83% | -3.21% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +137.82% | -27.29% |
| Average volume | 16.69M | 1.84M |
| Shares outstanding | 376.45M | 73.74M |
| Employees | 382 | 7,378 |
| 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
- RNG has outperformed QBTS by 246.6 percentage points over the past year.
- RingCentral is more profitable, keeping 1.7 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 +4.78%).
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
About RingCentral
RNG stock →RingCentral, Inc., an agentic voice AIpowered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations.
Technology · EDP Services · 7,378 employees
QBTS vs RNG FAQ
Which is bigger, D-Wave Quantum or RingCentral?
RingCentral (RNG) is larger, with a market capitalization of $6.62B compared with $5.53B for D-Wave Quantum (QBTS).
Which stock has performed better over the past year, QBTS or RNG?
RNG returned +189.22% 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, D-Wave Quantum or RingCentral?
RingCentral pays a dividend yielding 0.19%, while D-Wave Quantum does not currently pay a regular dividend.
Are D-Wave Quantum and RingCentral in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.