Key metrics and charts across all fundamental categories.
Stock price and market valuation
QBTS trades at $21.91, a 188.3% increase year-over-year. Market capitalization stands at $8.05B, up 269.9% from the prior year. Track QBTS price trends and market cap history to understand how the market values this company over time.
Revenue and earnings growth across quarters
$12.44M in TTM revenue declined 41.7% YoY, reaching $2.86M last quarter. TTM EBITDA of $-138.81M on operating income of $-54.73M shows growth is flowing through. However, net income is negative at $368.00M — growth is not yet reaching the bottom line. Revenue is contracting — assess whether this is cyclical or structural.
Assets, cash, debt, and leverage
With $1.20B in assets and $35.42M in long-term debt, the D/E of 0.0 shows a conservative capital structure — the company has a strong financial cushion to weather downturns.
Price multiples and return ratios
P/S of 647.0x and P/B of 7.2x. A high P/S suggests growth expectations are priced in.
Operating efficiency and return metrics
Op. margin of -1914.9% is down 1839.6% YoY — costs are rising relative to revenue. Net margin at -642.3%. Negative ROE of -32.7% indicates shareholder value is being eroded.
Free cash flow, earnings quality, and capital allocation
FCF of $-46.04M on $-44.96M in operating cash flow. The FCF / Net Income ratio of 0.1x indicates partial cash conversion — earnings quality needs attention. Cash reserves of $338.20M provide financial flexibility. Shares outstanding rose 28.3% YoY — shareholder dilution is eroding per-share value.
