D-Wave Quantum Inc. (QBTS) — Financial Flexibility Index

Latest as of September 2025: -0.09x

D-Wave Quantum Inc. (QBTS) has a Financial Flexibility Index of -0.09x as of September 2025. Free cash flow of $-18.03 Million (operating CF $-19.05 Million minus capex $1.02 Million) represents 0% of total liabilities ($195.27 Million). Also explore net asset momentum of D-Wave Quantum Inc. to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-18.03 Million
Operating CF − Capex

Total Liabilities

$195.27 Million
USD

Capital Expenditures

$1.02 Million
USD

D-Wave Quantum Inc. Financial Flexibility Index (2020–2024)

Historical Financial Flexibility Index trend for D-Wave Quantum Inc. across 5 annual periods. Check asset allocation strategy of D-Wave Quantum Inc. to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for D-Wave Quantum Inc. (2020–2024)

Year-by-year free cash flow to debt coverage for D-Wave Quantum Inc.. For the full company profile including market capitalisation, see D-Wave Quantum Inc. (QBTS) total market value.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -0.30x $-40.54 Million $-42.64 Million $137.21 Million ▲ +58.7%
2023 -0.72x $-60.02 Million $-60.65 Million $83.84 Million ▲ +9.7%
2022 -0.79x $-44.73 Million $-45.23 Million $56.41 Million ▼ -15.6%
2021 -0.69x $-32.80 Million $-34.80 Million $47.82 Million ▲ +64.5%
2020 -1.93x $-28.50 Million $-29.29 Million $14.73 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities