D-Wave Quantum (QBTS)

Net assets on the balance sheet as of September 2025 : A$1.01 Billion

According to D-Wave Quantum's latest financial reports the company has A$1.01 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

D-Wave Quantum - Net assets on balance sheet (from 2021 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$A$0.10 B	-380.29%
2023-12-31	$-A$35.94 Million	-17.01%
2022-12-31	$-A$43.3 Million	71%
2021-12-31	$-A$25.32 Million	-159.48%
2020-12-31	$A$42.56 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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D-Wave Quantum (QBTS) - Net assets