Company / Working Capital
D-Wave Quantum Inc. Working Capital History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$875.1M
FY2025
5-year range
-$1.9M / $875.1M
FY2021-FY2025
Trend
+465.0%
vs FY2024
Sector context
#107 of 311
Information Technology
What the data says
Working Capital changed +465% YoY in FY2025, a notable deviation from the 4-year average annual change of +659%.
Based on SEC 10-K filings.
$875M in FY2025.
Improved from $36M to $875M over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#107 of 311 in Information TechnologyTop 34% of 311This company $875.1M Sector average $1.7B
▼
-49.0% below sector average
Key checks
Key Insights
- D-Wave Quantum Inc.'s working capital has grown for 3 consecutive years.
- In FY2025, working capital increased 465.0% year-over-year.
- Ranks #107 out of 311 companies in the Information Technology sector.
- Lowest working capital in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 5.09 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $875.1M | +465.0% |
| FY2024 | $154.9M | +332.7% |
| FY2023 | $35.8M | +1961.5% |
| FY2022 | -$1.9M | -121.7% |
| FY2021 | $8.9M | - |
| FY2020 | - | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026