Total Debt for D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's latest reported total debt is $46.82M USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

QBTS
Currently viewingTotal DebtSwitch metric
Latest period
$46.82M
YoY change
+13.2%
5Y CAGR
+56.3%
Peak year (2023)
$72.65M
Latest annual
$43.46M
Total Debt history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Total Debt history table for D-Wave Quantum (QBTS) from 2020 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $43.46M | +13.2% | +$5.08M | ||
| 2024 | $38.38M | -47.2% | -$34.27M | ||
| 2023 | $72.65M | +71.8% | +$30.37M | ||
| 2022 | $42.28M | +7.3% | +$2.86M | ||
| 2021 | $39.42M | +746.0% | +$34.76M | ||
| 2020 | $4.66M | — | — |
Total Debt 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
The 2025 reading of D-Wave Quantum (QBTS) total debt is $43.46M – grew 13.2% year-over-year.
Through 2020–2025 (5 years), D-Wave Quantum total debt delivered a +56.3% annualised rate; with the latest reading among the more recent periods of the dataset.
The dataset's maximum total debt sits at $72.65M (2023); the minimum reading of $4.66M dates to 2020.
Within Technology, D-Wave Quantum (QBTS) ranks 9th among 8 peers we track. The peer median for total debt is $40.21B.
D-Wave Quantum Total Debt by Year
D-Wave Quantum Total Debt 2025: $43.46M
D-Wave Quantum total debt in 2025 was $43.46M, grew 13.2% from 2024.
D-Wave Quantum Total Debt 2024: $38.38M
D-Wave Quantum total debt in 2024 was $38.38M, plunged 47.2% below 2023.
D-Wave Quantum Total Debt 2023: $72.65M
D-Wave Quantum total debt in 2023 was $72.65M, surged 71.8% from 2022. This figure represents the highest annual value in the available history.
D-Wave Quantum Total Debt 2022: $42.28M
D-Wave Quantum total debt in 2022 was $42.28M, grew 7.3% from 2021.
D-Wave Quantum Total Debt 2021: $39.42M
D-Wave Quantum total debt in 2021 was $39.42M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers — Total Debt
Companies in the same sector as D-Wave Quantum, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| TSMC (TSM) | $1.06T | Technology |
| Apple (AAPL) | $112.38B | Technology |
| Microsoft (MSFT) | $112.18B | Technology |
| Broadcom (AVGO) | $65.14B | Technology |
| Micron Technology (MU) | $15.28B | Technology |
| NVIDIA (NVDA) | $11.41B | Technology |
| AMD (AMD) | $4.47B | Technology |
| ASML (ASML) | $2.71B | Technology |
Frequently asked questions
What is D-Wave Quantum's total debt?
Latest reported total debt for D-Wave Quantum (QBTS) is $46.82M (period ending March 31, 2026).
How has D-Wave Quantum total debt changed year-over-year?
D-Wave Quantum (QBTS) total debt changed +13.2% year-over-year on the latest annual filing.
What is the long-term growth rate of D-Wave Quantum total debt?
D-Wave Quantum (QBTS) total debt compound annual growth rate is +56.3% over the most recent 5 years available.
When did D-Wave Quantum total debt hit its highest annual value?
D-Wave Quantum total debt reached its highest annual value of $72.65M in 2023.
What was D-Wave Quantum total debt in 2024?
D-Wave Quantum (QBTS) total debt in 2024 was $38.38M.
What was D-Wave Quantum total debt in 2025?
D-Wave Quantum (QBTS) total debt in 2025 was $43.46M.
QBTS Key Financials
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
QBTS Overview
Company profile, financial tools, and key metrics
QBTS What If Invested
What if you had invested $1,000? See historical returns from any date.
QBTS How It Makes Money
Discover visual breakdown — where revenue comes from and where it goes.
QBTS Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
QBTS Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
QBTS Daily Price Character
Explosive · 41.2% historical win rate (green days). Streaks & record days.
QBTS Buybacks
0.72% TTM buyback yield. Shareholder yield & SBC comparison.