TipRanks
D-Wave Quantum (QBTS)
NASDAQ:QBTS
US Market
QBTS
D-Wave Quantum
RESEARCH TOOLSreports
Want to see QBTS full AI Analyst Report?

D-Wave Quantum (QBTS) Ratios

19,170 Followers

D-Wave Quantum Ratios

QBTS's free cash flow for Q2 2026 was $0.55. For the 2026 fiscal year, QBTS's free cash flow was decreased by $ and operating cash flow was $-15.53. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Mar 23
Liquidity Ratios
Current Ratio
 20.55 42.38 6.14 4.18 0.87
Quick Ratio
 20.42 42.25 6.08 4.00 0.73
Cash Ratio
 10.87 30.04 5.90 3.67 0.44
Solvency Ratio
 -3.12 -5.55 -1.03 -0.96 -0.91
Operating Cash Flow Ratio
 -4.06 -3.40 -1.41 -5.39 -2.82
Short-Term Operating Cash Flow Coverage
 0.00 -537.18 -122.54 -152.00 -19.81
Net Current Asset Value
$ 485.27M$ 832.65M$ 47.83M$ -36.79M$ -42.48M
Leverage Ratios
Debt-to-Assets Ratio
 0.01 0.05 0.19 1.22 1.57
Debt-to-Equity Ratio
 0.01 0.05 0.61 -2.97 -1.44
Debt-to-Capital Ratio
 0.01 0.05 0.38 1.51 3.30
Long-Term Debt-to-Capital Ratio
 0.00 0.04 0.32 1.62 18.28
Financial Leverage Ratio
 1.07 1.07 3.19 -2.42 -0.91
Debt Service Coverage Ratio
 -24.00 -84.10 -32.52 -31.65 -10.62
Interest Coverage Ratio
 -17.73 -25.01 -19.82 -37.38 -25.46
Debt to Market Cap
 0.00 <0.01 0.02 0.53 0.19
Interest Debt Per Share
 0.06 0.15 0.22 0.54 0.37
Net Debt to EBITDA
 1.09 1.70 1.01 -0.39 -0.72
Profitability Margins
Gross Profit Margin
64.19%82.59%63.02%52.77%59.25%
EBIT Margin
-2197.55%-1427.78%-1585.84%-944.03%-716.12%
EBITDA Margin
-2087.03%-1418.40%-1563.95%-922.96%-683.59%
Operating Profit Margin
-1372.88%-408.22%-874.85%-919.68%-828.91%
Pretax Profit Margin
-2230.51%-1444.10%-1629.99%-944.45%-748.67%
Net Profit Margin
-2001.59%-1444.10%-1629.99%-944.45%-748.67%
Continuous Operations Profit Margin
-2001.59%-1444.10%-1629.99%-944.45%-748.67%
Net Income Per EBT
89.74%100.00%100.00%100.00%100.00%
EBT Per EBIT
162.47%353.76%186.32%102.69%90.32%
Return on Assets (ROA)
-21.47%-38.77%-71.99%-139.35%-199.29%
Return on Equity (ROE)
-26.67%-41.66%-229.67%337.87%182.27%
Return on Capital Employed (ROCE)
-15.08%-11.22%-45.50%-167.43%-545.14%
Return on Invested Capital (ROIC)
-13.52%-11.20%-45.01%-161.48%-403.84%
Return on Tangible Assets
-41.17%-38.81%-72.17%-139.78%-201.11%
Earnings Yield
-3.85%-4.23%-8.92%-68.11%-31.17%
Efficiency Ratios
Receivables Turnover
 6.15 5.25 5.02 5.30 6.65
Payables Turnover
 0.98 4.51 4.00 2.82 0.78
Inventory Turnover
 1.28 1.54 1.94 1.99 1.33
Fixed Asset Turnover
 0.36 1.71 0.77 0.81 0.63
Asset Turnover
 0.01 0.03 0.04 0.15 0.27
Working Capital Turnover Ratio
 0.02 0.05 0.09 0.52 4.15
Cash Conversion Cycle
 -25.42 225.16 170.14 122.95 -139.89
Days of Sales Outstanding
 59.31 69.48 72.74 68.85 54.91
Days of Inventory Outstanding
 286.09 236.68 188.54 183.38 274.22
Days of Payables Outstanding
 370.82 81.00 91.14 129.29 469.02
Operating Cycle
 345.41 306.16 261.27 252.23 329.12
Cash Flow Ratios
Operating Cash Flow Per Share
 -0.30 -0.22 -0.22 -0.44 -0.38
Free Cash Flow Per Share
 -0.32 -0.24 -0.23 -0.44 -0.38
CapEx Per Share
 0.02 0.01 0.01 <0.01 <0.01
Free Cash Flow to Operating Cash Flow
 1.07 1.05 1.05 1.01 1.01
Dividend Paid and CapEx Coverage Ratio
 -13.53 -18.64 -20.25 -96.27 -90.82
Capital Expenditure Coverage Ratio
 -13.53 -18.64 -20.25 -96.27 -90.82
Operating Cash Flow Coverage Ratio
 -8.48 -1.66 -1.11 -0.83 -1.07
Operating Cash Flow to Sales Ratio
 -8.92 -2.93 -4.83 -6.92 -6.31
Free Cash Flow Yield
-1.86%-0.90%-2.77%-50.46%-26.54%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
 -24.52 -23.56 -11.20 -1.47 -3.21
Price-to-Sales (P/S) Ratio
 514.62 341.62 182.83 13.87 24.02
Price-to-Book (P/B) Ratio
 5.96 9.86 25.76 -4.96 -5.85
Price-to-Free Cash Flow (P/FCF) Ratio
 -53.70 -110.75 -36.07 -1.98 -3.77
Price-to-Operating Cash Flow Ratio
 -58.23 -116.69 -37.85 -2.00 -3.81
Price-to-Earnings Growth (PEG) Ratio
 -1.69 -0.49 -0.45 -0.04 -0.09
Price-to-Fair Value
 5.96 9.86 25.76 -4.96 -5.85
Enterprise Value Multiple
 -23.56 -22.39 -10.68 -1.89 -4.23
Enterprise Value
 6.11B 7.81B 1.47B 152.79M 207.51M
EV to EBITDA
 -23.56 -22.39 -10.68 -1.89 -4.23
EV to Sales
 491.80 317.55 167.02 17.45 28.93
EV to Free Cash Flow
 -51.32 -102.94 -32.95 -2.49 -4.54
EV to Operating Cash Flow
 -55.11 -108.47 -34.57 -2.52 -4.59
Tangible Book Value Per Share
 1.43 2.65 0.32 -0.18 -0.25
Shareholders’ Equity Per Share
 2.92 2.65 0.33 -0.18 -0.25
Tax and Other Ratios
Effective Tax Rate
 0.10 0.00 0.00 0.00 0.00
Revenue Per Share
 0.03 0.08 0.05 0.06 0.06
Net Income Per Share
 -0.67 -1.11 -0.75 -0.60 -0.45
Tax Burden
 0.90 1.00 1.00 1.00 1.00
Interest Burden
 1.01 1.01 1.03 1.00 1.05
Research & Development to Revenue
 6.58 2.06 4.00 4.32 4.48
SG&A to Revenue
 7.79 2.84 5.38 4.23 3.00
Stock-Based Compensation to Revenue
 2.51 0.92 1.77 2.50 1.28
Income Quality
 0.45 0.20 0.30 0.73 0.84
Currency in USD