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
Year by year
| Year | End of year | Low | High | Change |
|---|---|---|---|---|
| 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 | $503.9M | n/a |
Against its peers
Companies in Software - Application nearest D-Wave Quantum's size, closest first, today.
| Company | Market 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.