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D-Wave Quantum market cap QBTS

Share price times shares outstanding: what the whole company sells for, since 2022.

Today, Oct 23, 2026
$4.3B
Highest close in our data
$13B
Oct 2025

D-Wave Quantum is worth $4.3B at the close on Oct 23, 2026, at $11.66 a share.

That is down 61% over the last year.

Its highest close in our data was $13B in Oct 2025.

Market cap over time

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHighChange
2026 so far$4.3B$4.3B$11.1B−51%
2025$8.8B$933.7M$13B+391%
2024$1.8B$77.7M$1.8B+1690%
2023$99.8M$31.5M$194.2M+10%
2022$90.9M$90.9M$503.9Mn/a

Against its peers

Companies in Software - Application nearest D-Wave Quantum's size, closest first, today.

CompanyMarket cap
QBTSD-Wave Quantum$4.3B
LIFLife360$3.7B
FAFirst Advantage$3.6B
MGNIMagnite$3.3B
PEGAPegasystems$6B
TTDTrade Desk$6.1B
FIVNFive9$2.8B
CARGCarGurus$2.8B
RNGRingCentral$7B
DXCDXC Technology$2.6B
GRNDGrindr$2.4B
Peer median$3.5B

What the market cap tells you

Share price times shares outstanding: what the whole company sells for today.

Size, not quality. Large caps move slower and are covered more. That is all it tells you.

More on D-Wave Quantum

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.