D-Wave Quantum Inc. (QBTS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, D-Wave Quantum Inc. (QBTS) has a cash flow conversion efficiency ratio of -0.040x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-44.96 Million) by net assets ($1.12 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See D-Wave Quantum Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
D-Wave Quantum Inc. - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how D-Wave Quantum Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
D-Wave Quantum Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of D-Wave Quantum Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Oshkosh Corporation
NYSE:OSK
|
0.108x |
|
MITSUIO.S.K.LINES ADR/1/2
F:MIL
|
N/A |
|
Tempus AI, Inc. Class A Common Stock
NASDAQ:TEM
|
-0.075x |
|
KT Corporation
NYSE:KT
|
0.066x |
|
GEA GROUP
XETRA:G1A
|
-0.049x |
|
Campbell’s Co
NYSE:CPB
|
0.069x |
|
Wisetech Global Ltd
AU:WTC
|
0.072x |
|
Xero Ltd
AU:XRO
|
0.132x |
Annual Cash Flow Conversion Efficiency for D-Wave Quantum Inc. (2020–2025)
The table below shows the annual cash flow conversion efficiency of D-Wave Quantum Inc. from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see QBTS market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $852.23 Million | $-71.98 Million | -0.084x | +87.59% |
| 2024-12-31 | $62.65 Million | $-42.64 Million | -0.681x | -127.48% |
| 2023-12-31 | $-24.48 Million | $-60.65 Million | 2.477x | +61.39% |
| 2022-12-31 | $-29.46 Million | $-45.23 Million | 1.535x | -19.03% |
| 2021-12-31 | $-18.36 Million | $-34.80 Million | 1.896x | +311.86% |
| 2020-12-31 | $32.73 Million | $-29.29 Million | -0.895x | -- |
About D-Wave Quantum Inc.
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services,… Read more