Current
$8.64B
5-Year Average
$2.22B
All-Time High
$13.18B
All-Time Low
$47.96M
Market cap daily chart for D-Wave Quantum (QBTS)
Jul 6, 2021 – Jul 1, 2026 · 1,253 trading days
Market Cap growth chart for D-Wave Quantum (QBTS) from 2020 to 2026
Latest: +2.8%
Market Cap history table for D-Wave Quantum (QBTS) from 2020 to 2026
| 2026 | $8.64B | +2.8% | +$236.19M | ||
| 2025 | $8.40B | +420.4% | +$6.79B | ||
| 2024 | $1.61B | +1228.9% | +$1.49B | ||
| 2023 | $121.45M | -29.5% | −$50.84M | ||
| 2022 | $172.29M | -86.0% | −$1.06B | ||
| 2021 | $1.23B | +7.7% | +$88.42M | ||
| 2020 | $1.14B | — | — |
- 2026$8.64B+2.8%
- 2025$8.40B+420.4%
- 2024$1.61B+1228.9%
- 2023$121.45M-29.5%
- 2022$172.29M-86.0%
- 2021$1.23B+7.7%
- 2020$1.14B—
Market Cap values are taken from D-Wave Quantum's reported income statements (share counts) and end-of-day prices (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Market Cap at D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's latest reported market cap is $5.30B. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2026, D-Wave Quantum (QBTS) market cap totalled $8.64B – edged up 2.8% year-over-year.
Across 2021–2026 (5 years), D-Wave Quantum market cap produced a CAGR of +47.6% – sustaining 3 straight years of year-over-year growth.
The record annual market cap stands at $8.64B, reached in 2026; the historical low of $121.45M was recorded in 2023.
D-Wave Quantum Market Cap by Year
D-Wave Quantum Market Cap 2026: $8.64B
D-Wave Quantum market cap in 2026 was $8.64B, edged up 2.8% from 2025. This figure represents the highest annual value in the available history.
D-Wave Quantum Market Cap 2025: $8.40B
2025's market cap for D-Wave Quantum came in at $8.40B, surged 420.4% from 2024.
D-Wave Quantum Market Cap 2024: $1.61B
D-Wave Quantum posted market cap of $1.61B in 2024, surged 1228.9% from 2023.
D-Wave Quantum Market Cap 2023: $121.45M
In 2023, D-Wave Quantum reported market cap of $121.45M, declined 29.5% below 2022. This figure represents the lowest annual value in the available history.
D-Wave Quantum Market Cap 2022: $172.29M
D-Wave Quantum market cap in 2022 was $172.29M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers by Market Cap
Technology peers of D-Wave Quantum (QBTS), ranked by their latest market cap
| $4.79T | |
| $4.32T | |
| $2.85T | |
| $2.30T | |
| $1.76T | |
| $1.17T | |
| $881.96B | |
| $710.34B |
- $4.79T
- $4.32T
- $2.85T
- $2.30T
- $1.76T
- $1.17T
- $881.96B
- $710.34B
Frequently asked questions
D-Wave Quantum (QBTS) Key Financials
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