Ticker League

Latest period

-$45M

YoY change

+68.8%

5Y CAGR

Peak year (FY2020)

-$29.3M

Operating Cash Flow history chart for D-Wave Quantum (QBTS) from 2020 to 2025

Latest: -$72M

Operating Cash Flow growth chart for D-Wave Quantum (QBTS) from 2020 to 2025

Latest: +68.8%

Operating Cash Flow history table for D-Wave Quantum (QBTS) from 2020 to 2025

  • FY2025-$72M+68.8%
  • FY2024-$42.6M-29.7%
  • FY2023-$60.6M+34.1%
  • FY2022-$45.2M+30.0%
  • FY2021-$34.8M+18.8%
  • FY2020-$29.3M

Operating Cash Flow values are taken from D-Wave Quantum's reported cash flow statements (quarterly 10-Q and annual 10-K 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 Operating Cash Flow at D-Wave Quantum (QBTS)

Operating Cash Flow for D-Wave Quantum (QBTS): headline value -$45M · YoY +68.8%. 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 .

In 2025, D-Wave Quantum (QBTS) operating cash flow totalled -$72M – surged 68.8% year-over-year.

The record annual operating cash flow stands at -$29.3M, reached in 2020; the historical low of -$72M was recorded in 2025.

D-Wave Quantum Operating Cash Flow by Year

D-Wave Quantum Operating Cash Flow 2025: -$72M

D-Wave Quantum operating cash flow in 2025 was -$72M, surged 68.8% from 2024. This figure represents the lowest annual value in the available history.

D-Wave Quantum Operating Cash Flow 2024: -$42.6M

2024's operating cash flow for D-Wave Quantum came in at -$42.6M, declined 29.7% below 2023.

D-Wave Quantum Operating Cash Flow 2023: -$60.6M

D-Wave Quantum posted operating cash flow of -$60.6M in 2023, surged 34.1% from 2022.

D-Wave Quantum Operating Cash Flow 2022: -$45.2M

In 2022, D-Wave Quantum reported operating cash flow of -$45.2M, grew 30.0% from 2021.

D-Wave Quantum Operating Cash Flow 2021: -$34.8M

D-Wave Quantum operating cash flow in 2021 was -$34.8M.

See more financial history for D-Wave Quantum (QBTS).

Sector peers by Operating Cash Flow

Technology peers of D-Wave Quantum (QBTS), ranked by their latest operating cash flow

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