Shares Outstanding for D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's latest reported diluted shares outstanding is 367.47M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
QBTS
Currently viewingShares OutstandingSwitch metric
Latest period
367.47M
YoY change
+67.2%
5Y CAGR
+24.0%
Peak year (2025)
321.20M
Latest annual
321.20M
Shares Outstanding history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Shares Outstanding history table for D-Wave Quantum (QBTS) from 2020 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | 321.20M | +67.2% | +129.07M | ||
| 2024 | 192.13M | +39.2% | +54.14M | ||
| 2023 | 137.99M | +15.3% | +18.35M | ||
| 2022 | 119.65M | -4.5% | -5.69M | ||
| 2021 | 125.34M | +14.2% | +15.60M | ||
| 2020 | 109.74M | — | — |
Shares Outstanding values are taken from D-Wave Quantum's reported income 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
In 2025, D-Wave Quantum (QBTS) diluted shares outstanding totalled 321.20M – surged 67.2% year-over-year.
Across 2020–2025 (5 years), D-Wave Quantum diluted shares outstanding produced a CAGR of +24.0% – sustaining 3 straight years of year-over-year growth.
2025 marks the peak diluted shares outstanding at 321.20M, with the historical low of 109.74M recorded in 2020.
Among 8 Technology peers, D-Wave Quantum (QBTS) ranks 9th; the peer median for diluted shares outstanding is 5.02B.
D-Wave Quantum Shares Outstanding by Year
D-Wave Quantum Shares Outstanding 2025: 321.20M
D-Wave Quantum diluted shares outstanding in 2025 was 321.20M, surged 67.2% from 2024. This figure represents the highest annual value in the available history.
D-Wave Quantum Shares Outstanding 2024: 192.13M
D-Wave Quantum diluted shares outstanding in 2024 was 192.13M, surged 39.2% from 2023.
D-Wave Quantum Shares Outstanding 2023: 137.99M
D-Wave Quantum diluted shares outstanding in 2023 was 137.99M, grew 15.3% from 2022.
D-Wave Quantum Shares Outstanding 2022: 119.65M
D-Wave Quantum diluted shares outstanding in 2022 was 119.65M, edged down 4.5% below 2021.
D-Wave Quantum Shares Outstanding 2021: 125.34M
D-Wave Quantum diluted shares outstanding in 2021 was 125.34M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers — Shares Outstanding
Companies in the same sector as D-Wave Quantum, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NVIDIA (NVDA) | 24.43B | Technology |
| Apple (AAPL) | 15.00B | Technology |
| Microsoft (MSFT) | 7.46B | Technology |
| TSMC (TSM) | 5.19B | Technology |
| Broadcom (AVGO) | 4.85B | Technology |
| AMD (AMD) | 1.64B | Technology |
| Micron Technology (MU) | 1.13B | Technology |
| ASML (ASML) | 388.90M | Technology |
Frequently asked questions
What is D-Wave Quantum's diluted shares outstanding?
Latest reported diluted shares outstanding for D-Wave Quantum (QBTS) is 367.47M (period ending March 31, 2026).
How has D-Wave Quantum diluted shares outstanding changed year-over-year?
D-Wave Quantum (QBTS) diluted shares outstanding changed +67.2% year-over-year on the latest annual filing.
What is the long-term growth rate of D-Wave Quantum diluted shares outstanding?
D-Wave Quantum (QBTS) diluted shares outstanding compound annual growth rate is +24.0% over the most recent 5 years available.
When did D-Wave Quantum diluted shares outstanding hit its highest annual value?
D-Wave Quantum diluted shares outstanding reached its highest annual value of 321.20M in 2025.
What was D-Wave Quantum diluted shares outstanding in 2024?
D-Wave Quantum (QBTS) diluted shares outstanding in 2024 was 192.13M.
What was D-Wave Quantum diluted shares outstanding in 2025?
D-Wave Quantum (QBTS) diluted shares outstanding in 2025 was 321.20M.
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