Net Assets for D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's latest reported net assets is $1.12B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

QBTS
Currently viewingNet AssetsSwitch metric
Latest period
$1.12B
YoY change
+1260.4%
5Y CAGR
+91.9%
Peak year (2025)
$852.23M
Latest annual
$852.23M
Net Assets history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Net Assets history table for D-Wave Quantum (QBTS) from 2020 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $852.23M | +1260.4% | +$789.58M | ||
| 2024 | $62.65M | -355.9% | +$87.13M | ||
| 2023 | -$24.48M | -16.9% | +$4.98M | ||
| 2022 | -$29.46M | +60.5% | -$11.11M | ||
| 2021 | -$18.36M | -156.1% | -$51.09M | ||
| 2020 | $32.73M | — | — |
Net Assets 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
D-Wave Quantum (QBTS) most recent annual net assets stands at $852.23M (2025) – surged 1260.4% year-over-year.
D-Wave Quantum net assets has grown for 3 consecutive years, with a +91.9% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum net assets sits at $852.23M (2025); the minimum reading of -$29.46M dates to 2022.
D-Wave Quantum (QBTS) sits 9th of 8 Technology peers we track on this metric, against a peer median of $77.51B.
D-Wave Quantum Net Assets by Year
D-Wave Quantum Net Assets 2025: $852.23M
D-Wave Quantum net assets in 2025 was $852.23M, surged 1260.4% from 2024. This figure represents the highest annual value in the available history.
D-Wave Quantum Net Assets 2024: $62.65M
D-Wave Quantum net assets in 2024 was $62.65M, plunged 355.9% below 2023.
D-Wave Quantum Net Assets 2023: -$24.48M
D-Wave Quantum net assets in 2023 was -$24.48M, declined 16.9% below 2022.
D-Wave Quantum Net Assets 2022: -$29.46M
D-Wave Quantum net assets in 2022 was -$29.46M, surged 60.5% from 2021. This figure represents the lowest annual value in the available history.
D-Wave Quantum Net Assets 2021: -$18.36M
D-Wave Quantum net assets in 2021 was -$18.36M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers — Net Assets
Companies in the same sector as D-Wave Quantum, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| TSMC (TSM) | $5.36T | Technology |
| Microsoft (MSFT) | $343.48B | Technology |
| NVIDIA (NVDA) | $157.29B | Technology |
| Broadcom (AVGO) | $81.29B | Technology |
| Apple (AAPL) | $73.73B | Technology |
| AMD (AMD) | $63.00B | Technology |
| Micron Technology (MU) | $54.16B | Technology |
| ASML (ASML) | $19.60B | Technology |
Frequently asked questions
What is D-Wave Quantum's net assets?
Latest reported net assets for D-Wave Quantum (QBTS) is $1.12B (period ending March 31, 2026).
How has D-Wave Quantum net assets changed year-over-year?
D-Wave Quantum (QBTS) net assets changed +1260.4% year-over-year on the latest annual filing.
What is the long-term growth rate of D-Wave Quantum net assets?
D-Wave Quantum (QBTS) net assets compound annual growth rate is +91.9% over the most recent 5 years available.
When did D-Wave Quantum net assets hit its highest annual value?
D-Wave Quantum net assets reached its highest annual value of $852.23M in 2025.
What was D-Wave Quantum net assets in 2024?
D-Wave Quantum (QBTS) net assets in 2024 was $62.65M.
What was D-Wave Quantum net assets in 2025?
D-Wave Quantum (QBTS) net assets in 2025 was $852.23M.
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