D-Wave Quantum Current Ratio Growth & History (QBTS)
D-Wave Quantum's current ratio was 42.38 for fiscal 2025.
View full D-Wave Quantum company overviewD-Wave Quantum annual current ratio history
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 42.38 | 36.24 | +590.40% |
| 2024 | 2024-12-31 | 6.14 | 1.96 | +46.78% |
| 2023 | 2023-12-31 | 4.18 | 3.31 | +381.70% |
| 2022 | 2022-12-31 | 0.87 | −0.66 | −43.37% |
| 2021 | 2021-12-31 | 1.53 | −0.94 | −38.05% |
| 2020 | 2020-12-31 | 2.47 | — | — |
D-Wave Quantum quarterly current ratio
Q4.21
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 20.55 | −22.44 | −52.21% |
| Q1 2026 | 2026-03-31 | 21.41 | 0.68 | +3.30% |
| Q4 2025 | 2025-12-31 | 42.38 | 36.24 | +590.40% |
| Q3 2025 | 2025-09-30 | 54.68 | 53.32 | +3925.75% |
| Q2 2025 | 2025-06-30 | 42.99 | 41.90 | +3835.37% |
| Q1 2025 | 2025-03-31 | 20.73 | 17.62 | +568.15% |
| Q4 2024 | 2024-12-31 | 6.14 | 1.96 | +46.78% |
| Q3 2024 | 2024-09-30 | 1.36 | 0.02 | +1.57% |
| Q2 2024 | 2024-06-30 | 1.09 | 0.71 | +187.77% |
| Q1 2024 | 2024-03-31 | 3.10 | 2.29 | +280.21% |
| Q4 2023 | 2023-12-31 | 4.18 | 3.31 | +381.70% |
| Q3 2023 | 2023-09-30 | 1.34 | −0.24 | −15.28% |
| Q2 2023 | 2023-06-30 | 0.38 | −0.26 | −40.56% |
| Q1 2023 | 2023-03-31 | 0.82 | — | — |
| Q4 2022 | 2022-12-31 | 0.87 | −0.99 | −53.35% |
| Q3 2022 | 2022-09-30 | 1.58 | — | — |
| Q2 2022 | 2022-06-30 | 0.64 | — | — |
| Q4 2021 | 2021-12-31 | 1.86 | — | — |
D-Wave Quantum current ratio trends
Over the last five fiscal years, D-Wave Quantum's current ratio increased from 2.47 to 42.38, a change of 39.90. The latest reported quarter, Q2 2026, shows 20.55.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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