QBTS (D-Wave Quantum) Interest Expense: $-4.05 Mil (TTM As of Mar. 2026)

What is D-Wave Quantum Interest Expense?

D-Wave Quantum QBTS 64 Interest Expense is $-4.05 Mil as of Mar. 2026. GuruFocus rates QBTS with a GF Score™ of 64/100 and a GF Value™ of $2.45 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. D-Wave Quantum's interest expense for the three months ended in Mar. 2026 was $ -0.26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-4.05 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. D-Wave Quantum's Operating Income for the three months ended in Mar. 2026 was $ -54.73 Mil. D-Wave Quantum's Interest Expense for the three months ended in Mar. 2026 was $ -0.26 Mil. D-Wave Quantum did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

D-Wave Quantum (NYSE:QBTS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

D-Wave Quantum's Interest Expense for the three months ended in Mar. 2026 was $-0.26 Mil. Its Operating Income for the three months ended in Mar. 2026 was $-54.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $45.13 Mil.

D-Wave Quantum's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

D-Wave Quantum did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

D-Wave Quantum Interest Expense Historical Data

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The historical data trend for D-Wave Quantum's Interest Expense can be seen below:

D-Wave Quantum Interest Expense Chart

D-Wave Quantum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-4.01

-2.34

-0.04

-3.90

-4.01

D-Wave Quantum Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-0.23	-0.21	-0.20	-3.38	-0.26

64GF Score

D-Wave Quantum Inc QBTS

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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D-Wave Quantum Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.05 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-4.05 Mil mean?

D-Wave Quantum (QBTS) has a Interest Expense of $-4.05 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on D-Wave Quantum and its competitors.

Is D-Wave Quantum's Interest Expense too high?

D-Wave Quantum's current Interest Expense is $-4.05 Mil. Overall, D-Wave Quantum has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does D-Wave Quantum's Interest Expense compare to RGTI and QUBT?

D-Wave Quantum's Interest Expense of $-4.05 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Hardware company?

A good Interest Expense depends on the Hardware industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on D-Wave Quantum and its competitors. D-Wave Quantum's current Interest Expense is $-4.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is D-Wave Quantum stock overvalued right now?

Based on GuruFocus' analysis, D-Wave Quantum (QBTS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.45, compared to a current price of $23.83 — trading 872.7% above its estimated fair value. The current Interest Expense is $-4.05 Mil. D-Wave Quantum's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For D-Wave Quantum (QBTS), the current Interest Expense is $-4.05 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is D-Wave Quantum (QBTS) Overvalued in 2026?

Based on GuruFocus' analysis, D-Wave Quantum stock appears to be overvalued. The current stock price of $23.83 is trading 872.7% above its estimated GF Value™ of $2.45. GuruFocus considers D-Wave Quantum to be Significantly Overvalued.

Key valuation signals for QBTS:

Interest Expense: $-4.05 Mil
GF Value™: $2.45 vs. price of $23.83 (872.7% above fair value)
GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the QBTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

D-Wave Quantum Business Description

Industry Technology Hardware

Comparable Companies RGTI QUBT BRAI CRCT CRSR UMAC SSYS DDD VELO QMCO SNDK DELL STX WDC ANET SHSE:688041 SHSE:688795 SZSE:002415 TPE:2382 SZSE:301308

Other Exchanges QBTS:Mexico 1QBTS:Italy RQ0:Germany

Address 2650 East Bayshore Road, Palo Alto, CA, USA, 94303

Website https://www.dwavequantum.com

D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.

64GF Score

Get the complete analysis for QBTS

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.83

Price

$2.45

GF Value

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