Free Cash Flow for D-Wave Quantum (QBTS)
Free Cash Flow for D-Wave Quantum (QBTS): headline value -$102.17M · YoY +69.5%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

QBTS
Currently viewingFree Cash FlowSwitch metric
Latest period
-$102.17M
YoY change
+69.5%
5Y CAGR
N/A
Peak year (2020)
-$30.08M
Latest annual
-$75.84M
Free Cash Flow history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Free Cash Flow history table for D-Wave Quantum (QBTS) from 2020 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | -$75.84M | +69.5% | -$31.09M | ||
| 2024 | -$44.75M | -27.0% | +$16.53M | ||
| 2023 | -$61.28M | +34.0% | -$15.55M | ||
| 2022 | -$45.72M | +24.3% | -$8.93M | ||
| 2021 | -$36.80M | +22.4% | -$6.72M | ||
| 2020 | -$30.08M | — | — |
Free Cash Flow values are taken from D-Wave Quantum's reported cash flow statements (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
D-Wave Quantum (QBTS) most recent annual free cash flow stands at -$75.84M (2025) – surged 69.5% year-over-year.
2020 marks the peak free cash flow at -$30.08M, with the historical low of -$75.84M recorded in 2025.
Among 8 Technology peers, D-Wave Quantum (QBTS) ranks 9th; the peer median for free cash flow is $49.26B.
D-Wave Quantum Free Cash Flow by Year
D-Wave Quantum Free Cash Flow 2025: -$75.84M
D-Wave Quantum free cash flow in 2025 was -$75.84M, surged 69.5% from 2024. This figure represents the lowest annual value in the available history.
D-Wave Quantum Free Cash Flow 2024: -$44.75M
D-Wave Quantum free cash flow in 2024 was -$44.75M, declined 27.0% below 2023.
D-Wave Quantum Free Cash Flow 2023: -$61.28M
D-Wave Quantum free cash flow in 2023 was -$61.28M, surged 34.0% from 2022.
D-Wave Quantum Free Cash Flow 2022: -$45.72M
D-Wave Quantum free cash flow in 2022 was -$45.72M, grew 24.3% from 2021.
D-Wave Quantum Free Cash Flow 2021: -$36.80M
D-Wave Quantum free cash flow in 2021 was -$36.80M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers — Free Cash Flow
Companies in the same sector as D-Wave Quantum, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| TSMC (TSM) | $1.10T | Technology |
| Apple (AAPL) | $98.77B | Technology |
| NVIDIA (NVDA) | $96.68B | Technology |
| Microsoft (MSFT) | $71.61B | Technology |
| Broadcom (AVGO) | $26.91B | Technology |
| ASML (ASML) | $10.65B | Technology |
| AMD (AMD) | $6.74B | Technology |
| Micron Technology (MU) | $1.67B | Technology |
Frequently asked questions
What is D-Wave Quantum's free cash flow?
Latest reported free cash flow for D-Wave Quantum (QBTS) is -$102.17M (period ending March 31, 2026).
How has D-Wave Quantum free cash flow changed year-over-year?
D-Wave Quantum (QBTS) free cash flow changed +69.5% year-over-year on the latest annual filing.
When did D-Wave Quantum free cash flow hit its highest annual value?
D-Wave Quantum free cash flow reached its highest annual value of -$30.08M in 2020.
What was D-Wave Quantum free cash flow in 2024?
D-Wave Quantum (QBTS) free cash flow in 2024 was -$44.75M.
What was D-Wave Quantum free cash flow in 2025?
D-Wave Quantum (QBTS) free cash flow in 2025 was -$75.84M.
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