QBTS NASDAQ
Credit Risk of going bust: lower than 59% of companies Debt: 0.3% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.01 (down 99.9%), D-Wave Quantum Inc. would be worth roughly what it owes.
Total debt $13.1M against a stock market value of $4.57B.
Distance to default 6.05 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $6.5M (short-term plus half of long-term), stock volatility 100.7%; Altman Z 34.89. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Palo Alto, CA 94303
US
Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services. Their offerings include Advantage, a pioneering fifth-generation quantum computer, and Launch, an onboarding service designed for quantum computing adoption. The company also provides Ocean, a comprehensive suite of open-source programming tools. Furthermore, Leap is a cloud-based service that enables real-time interaction with a live quantum computer. This service further provides access to Advantage, along with hybrid problem-solving tools, the Ocean Software Development Kit, live code samples, demonstrations, learning resources, and a vibrant developer community. Additionally, D-Wave provides a dedicated "D-Wave Launch" professional service, guiding enterprises from initial problem identification through to production deployment of quantum applications. Their quantum solutions are leveraged across various domains such as artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. They serve industries including manufacturing, logistics, financial services, and life sciences, among others. D-Wave Quantum Inc. is headquartered in Burnaby, Canada.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Nguyen Diane | F-InKind | 4,066 | $12.03 | 2026-10-15 |
| BARATZ ALAN E | F-InKind | 52,320 | $12.03 | 2026-10-15 |
| GOLKOV GREGORY | F-InKind | 15,859 | $12.03 | 2026-10-15 |
| AMES SOPHIE C | F-InKind | 3,180 | $12.03 | 2026-10-15 |
| GAVGANI BERNARD | A-Award | 16,493 | — | 2026-09-18 |