Cash on Hand for D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's latest reported cash and short-term investments is $588.39M USD. Cash on hand here is cash, cash equivalents, and short-term investments reported at the end of each period — the most liquid assets on the balance sheet. Compare with total debt for net leverage and total assets for the share of assets held in cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

QBTS
Currently viewingCash on HandSwitch metric
Latest period
$588.39M
YoY change
+397.0%
5Y CAGR
+110.6%
Peak year (2025)
$884.48M
Latest annual
$884.48M
Cash on Hand history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Cash on Hand history table for D-Wave Quantum (QBTS) from 2020 to 2025
| Fiscal year | Period ended | Reported | Cash on Hand | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $884.48M | +397.0% | +$706.50M | ||
| 2024 | $177.98M | +330.9% | +$136.67M | ||
| 2023 | $41.31M | +484.7% | +$34.24M | ||
| 2022 | $7.07M | -25.5% | -$2.42M | ||
| 2021 | $9.48M | -55.6% | -$11.85M | ||
| 2020 | $21.34M | — | — |
Cash on Hand values are taken from D-Wave Quantum's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, D-Wave Quantum (QBTS) reported cash and short-term investments of $884.48M – surged 397.0% year-over-year.
D-Wave Quantum cash and short-term investments has grown for 3 consecutive years, with a +110.6% compound annual growth rate over 2020–2025 (5 years).
$884.48M stands as the all-time-high annual cash and short-term investments, posted in 2025, against a low of $7.07M during 2022.
Within Technology, D-Wave Quantum (QBTS) ranks 9th among 8 peers we track. The peer median for cash and short-term investments is $35.44B.
D-Wave Quantum Cash on Hand by Year
D-Wave Quantum Cash on Hand 2025: $884.48M
D-Wave Quantum cash and short-term investments in 2025 was $884.48M, surged 397.0% from 2024. This figure represents the highest annual value in the available history.
D-Wave Quantum Cash on Hand 2024: $177.98M
D-Wave Quantum cash and short-term investments in 2024 was $177.98M, surged 330.9% from 2023.
D-Wave Quantum Cash on Hand 2023: $41.31M
D-Wave Quantum cash and short-term investments in 2023 was $41.31M, surged 484.7% from 2022.
D-Wave Quantum Cash on Hand 2022: $7.07M
D-Wave Quantum cash and short-term investments in 2022 was $7.07M, declined 25.5% below 2021. This figure represents the lowest annual value in the available history.
D-Wave Quantum Cash on Hand 2021: $9.48M
D-Wave Quantum cash and short-term investments in 2021 was $9.48M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers — Cash on Hand
Companies in the same sector as D-Wave Quantum, ranked by their latest cash and short-term investments.
| Company | Cash on Hand | Sector |
|---|---|---|
| TSMC (TSM) | $3.13T | Technology |
| Microsoft (MSFT) | $94.56B | Technology |
| NVIDIA (NVDA) | $62.56B | Technology |
| Apple (AAPL) | $54.70B | Technology |
| Broadcom (AVGO) | $16.18B | Technology |
| ASML (ASML) | $13.32B | Technology |
| AMD (AMD) | $10.55B | Technology |
| Micron Technology (MU) | $10.31B | Technology |
Frequently asked questions
What is D-Wave Quantum's cash and short-term investments?
Latest reported cash and short-term investments for D-Wave Quantum (QBTS) is $588.39M (period ending March 31, 2026).
How has D-Wave Quantum cash and short-term investments changed year-over-year?
D-Wave Quantum (QBTS) cash and short-term investments changed +397.0% year-over-year on the latest annual filing.
What is the long-term growth rate of D-Wave Quantum cash and short-term investments?
D-Wave Quantum (QBTS) cash and short-term investments compound annual growth rate is +110.6% over the most recent 5 years available.
When did D-Wave Quantum cash and short-term investments hit its highest annual value?
D-Wave Quantum cash and short-term investments reached its highest annual value of $884.48M in 2025.
What was D-Wave Quantum cash and short-term investments in 2024?
D-Wave Quantum (QBTS) cash and short-term investments in 2024 was $177.98M.
What was D-Wave Quantum cash and short-term investments in 2025?
D-Wave Quantum (QBTS) cash and short-term investments in 2025 was $884.48M.
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