D-Wave Quantum Quarterly Balance Sheet
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
D-Wave Quantum financial position
As of Jun 30, 2026, D-Wave Quantum reported total assets of $1.16 billion, up 37.3% from a year earlier against total liabilities of $75.3 million. Shareholders' equity stood at $1.08 billion, or 93.5% of assets. The company held $296.6 million in cash and equivalents against $34.9 million of debt, a net cash position of $261.8 million.
The current ratio (current assets divided by current liabilities) was 20.55, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.03.
Summary generated from market data by MetaCap's automated system. Methodology
D-Wave Quantum balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 296.64M | 338.20M | 635.35M | 836.23M | 819.31M | 304.32M | 177.98M | 29.27M | 40.86M | 27.30M | 41.31M | 53.32M |
| Short-Term Investments | 249.57M | 250.20M | 249.13M | — | — | — | 0 | — | — | — | — | — |
| Receivables | 2.02M | 8.91M | 1.59M | 1.93M | 1.44M | 1.05M | 1.42M | 1.46M | 1.57M | 1.74M | 1.65M | 763.00K |
| Inventory | 3.49M | 2.92M | 2.78M | 2.83M | 2.45M | 1.70M | 1.69M | 1.90M | 2.13M | 2.08M | 2.08M | 2.24M |
| Total Current Assets | 560.59M | 607.11M | 896.23M | 848.14M | 828.54M | 310.87M | 185.04M | 35.08M | 46.91M | 33.69M | 47.05M | 58.19M |
| Property, Plant & Equipment | 22.08M | 15.07M | 7.84M | 5.61M | 4.50M | 4.00M | 4.13M | 3.41M | 3.21M | 2.91M | 2.55M | 1.88M |
| Goodwill | 342.59M | 342.59M | 0 | — | — | — | — | — | — | — | — | — |
| Intangible Assets | 211.82M | 215.28M | 915.00K | 803.00K | 586.00K | 531.00K | 490.00K | 436.00K | 408.00K | 302.00K | 179.00K | 195.00K |
| Long-Term Investments | 4.23M | 4.23M | 2.39M | 3.40M | 2.57M | 2.57M | 2.57M | 2.57M | 2.40M | 2.57M | 1.17M | — |
| Total Assets | 1.16B | 1.20B | 915.81M | 865.82M | 843.60M | 325.60M | 199.85M | 49.56M | 61.81M | 48.60M | 59.36M | 70.18M |
| Accounts Payable | 4.52M | 1.71M | 950.00K | 992.00K | 1.19M | 1.02M | 815.00K | 696.00K | 1.17M | 1.04M | 1.47M | 1.54M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — | — | — | 30.20M |
| Total Current Liabilities | 27.29M | 28.36M | 21.15M | 15.51M | 19.27M | 15.00M | 30.14M | 25.83M | 42.94M | 10.86M | 11.25M | 43.52M |
| Long-Term Debt | 34.89M | 35.42M | 35.83M | 32.05M | 32.06M | 30.37M | 30.13M | 32.01M | 31.45M | 63.04M | 63.85M | 32.83M |
| Total Liabilities | 75.32M | 75.56M | 63.58M | 195.27M | 149.35M | 118.21M | 137.21M | 66.48M | 83.33M | 85.56M | 83.84M | 85.30M |
| Shareholders' Equity | 1.08B | 1.12B | 852.23M | 670.55M | 694.25M | 207.39M | 62.65M | -16.91M | -21.51M | -36.96M | -24.48M | -15.12M |
| Retained Earnings | -1.05B | -1.00B | -982.00M | -939.68M | -799.69M | -632.36M | -626.94M | -540.86M | -518.15M | -500.37M | -483.06M | -467.05M |
| Total Debt | 34.89M | 35.42M | 35.83M | 32.05M | 32.06M | 30.37M | 30.13M | 32.01M | 31.45M | 63.04M | 63.85M | 63.03M |
| Net Cash (Debt) | 511.33M | 552.97M | 848.66M | 804.18M | 787.25M | 273.95M | 147.85M | -2.74M | 9.41M | -35.74M | -22.54M | -9.71M |
| Shares Outstanding | 372.01M | 370.04M | 358.74M | 345.97M | 339.84M | 291.35M | 266.60M | 207.96M | 186.07M | 161.68M | 161.11M | 155.29M |
This table shows 12 quarterly periods of D-Wave Quantum's balance sheet, from Q2 2026 back to Q3 2023, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow QBTS's reporting calendar. What is a balance sheet?