D-Wave Quantum Inc. (QBTS) - Total Assets
Based on the latest financial reports, D-Wave Quantum Inc. (QBTS) holds total assets worth $1.20 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
D-Wave Quantum Inc. - Total Assets Trend (2020–2025)
This chart illustrates how D-Wave Quantum Inc.'s total assets have evolved over time, based on quarterly financial data. Also see market value of D-Wave Quantum Inc. for the company's overall valuation and market capitalisation.
D-Wave Quantum Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
D-Wave Quantum Inc.'s total assets of $1.20 Billion consist of 97.9% current assets and 2.1% non-current assets. Review QBTS total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 69.4% |
| Accounts Receivable | $4.68 Million | 0.5% |
| Inventory | $2.78 Million | 0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $915.00K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how D-Wave Quantum Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See current stock price of D-Wave Quantum Inc. for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: D-Wave Quantum Inc.'s current assets represent 97.9% of total assets in 2025, an increase from 87.0% in 2020.
- Cash Position: Cash and equivalents constituted 69.4% of total assets in 2025, up from 45.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
D-Wave Quantum Inc. Competitors by Total Assets
Key competitors of D-Wave Quantum Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Netac Tech
SHE:300042
|
China | CN¥1.67 Billion |
|
Favite Inc
TW:3535
|
Taiwan | NT$1.63 Billion |
|
Panram International
TWO:8088
|
Taiwan | NT$1.57 Billion |
|
Sun Max Tech Ltd
TW:6591
|
Taiwan | NT$3.39 Billion |
|
RoboRobo Co. Ltd
KQ:215100
|
Korea | ₩31.91 Billion |
|
Hyrican Informationssysteme Aktiengesellschaft
F:HYI
|
Germany | €31.35 Million |
|
Chengdu Zhimingda Electronics Co. Ltd. A
SHG:688636
|
China | CN¥2.03 Billion |
|
Metavisio (Thomson Computing)
PA:ALTHO
|
France | €17.09 Million |
D-Wave Quantum Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 21.41 | 20.73 | 0.02 |
| Quick Ratio | 21.31 | 20.61 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $578.75 Million | $295.87 Million | $-34.00 Million |
D-Wave Quantum Inc. - Advanced Valuation Insights
This section examines the relationship between D-Wave Quantum Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.66 |
| Latest Market Cap to Assets Ratio | 6.98 |
| Asset Growth Rate (YoY) | 358.2% |
| Total Assets | $915.81 Million |
| Market Capitalization | $6.39 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values D-Wave Quantum Inc.'s assets at a significant premium (6.98x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: D-Wave Quantum Inc.'s assets grew by 358.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for D-Wave Quantum Inc. (2020–2025)
The table below shows the annual total assets of D-Wave Quantum Inc. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $915.81 Million | +358.24% |
| 2024-12-31 | $199.85 Million | +236.70% |
| 2023-12-31 | $59.36 Million | +120.27% |
| 2022-12-31 | $26.95 Million | -8.56% |
| 2021-12-31 | $29.47 Million | -37.91% |
| 2020-12-31 | $47.46 Million | -- |
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