SuperworthD-Wave Quantum price to sales ratio QBTS
Market value divided by revenue over the last twelve months, since 2023.
- Today, Oct 23, 2026
- n/m
- a sliver of sales
- Last meaningful
- 189×
- Jun 2025
- 4-year median
- 16.7×
- 4-year range
- 4.6× to 194×
- Peer median
- 2.8×
D-Wave Quantum's price to sales ratio is not a meaningful number today: a multiple this high rests on a sliver of sales.
It was last meaningful in Jun 2025, at 189×.
On the days it had one over the last 4 years, its median was 16.7×, from 4.6× in May 2023 to 194× in Mar 2025.
Price to sales ratio over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2025 | 189× | 99.1× | 194× |
| 2024 | 190× | 9.4× | 190× |
| 2023 | 12.1× | 4.6× | 27.6× |
Against its peers
Companies in Software - Application nearest D-Wave Quantum's size, closest first, today.
| Company | Price to sales ratio |
|---|---|
| QBTSD-Wave Quantum | n/m |
| LIFLife360 | 6.4× |
| FAFirst Advantage | 2.2× |
| MGNIMagnite | 4.4× |
| PEGAPegasystems | 3.4× |
| TTDTrade Desk | 2.0× |
| FIVNFive9 | 2.3× |
| CARGCarGurus | 2.9× |
| RNGRingCentral | 2.7× |
| DXCDXC Technology | 0.2× |
| GRNDGrindr | 4.7× |
| Peer median | 2.8× |
What the price to sales ratio tells you
Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.
Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.
More on D-Wave Quantum
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.