QBTS (D-Wave Quantum) OCF Yield %: -1.16 (As of Jun. 27, 2026)


QBTS D-Wave Quantum Inc QBTS
64 GF Score
Price $22.76
GF Value $2.45
Valuation Significantly Overvalued
! 4 Warning Signs
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What is D-Wave Quantum OCF Yield %?

D-Wave Quantum QBTS +3.88% 64 OCF Yield % is -1.16 as of Jun. 27, 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. Among 2,492 Hardware companies, D-Wave Quantum ranks worse than 76.08% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, D-Wave Quantum's Trailing 12-Month Cash Flow from Operations is $-97.66 Mil, and Market Cap is $8,431.33 Mil. Therefore, D-Wave Quantum's OCF Yield % for today is -1.16%.

The historical rank and industry rank for D-Wave Quantum's OCF Yield % or its related term are showing as below:

QBTS' s OCF Yield % Range Over the Past 10 Years
Min: -97.04   Med: -16.61   Max: -0.39
Current: -1.16


During the past 6 years, the highest OCF Yield % of D-Wave Quantum was -0.39%. The lowest was -97.04%. And the median was -16.61%.

QBTS's OCF Yield % is ranked worse than
76.08% of 2492 companies
in the Hardware industry
Industry Median: 2.035 vs QBTS: -1.16

D-Wave Quantum's OCF Margin % for the quarter that ended in Mar. 2026 was %.


D-Wave Quantum OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


D-Wave Quantum OCF Yield % Related Terms


D-Wave Quantum OCF Yield % Historical Data

* Premium members only.

The historical data trend for D-Wave Quantum's OCF Yield % can be seen below:

* 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.

D-Wave Quantum OCF Yield % Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Yield %
Get a 7-Day Free Trial 0.00 -27.71 -42.77 -1.90 -0.77

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
OCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.48 -1.22 -0.88 -0.78 -3.37

QBTS vs RGTI, QUBT, BRAI: OCF Yield % Comparison

For the Computer Hardware subindustry, D-Wave Quantum's OCF Yield %, along with its competitors' market caps and OCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


D-Wave Quantum OCF Yield % vs Hardware Industry

For the Hardware industry and Technology sector, D-Wave Quantum's OCF Yield % distribution charts can be found below:

* The bar in red indicates where D-Wave Quantum's OCF Yield % falls into.


QBTS
64GF Score
D-Wave Quantum Inc QBTS
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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D-Wave Quantum OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

D-Wave Quantum's OCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=-71.982 / 9381.1033
=-0.77%

D-Wave Quantum's annualized OCF Yield % for the quarter that ended in Mar. 2026 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=-44.96 * 4 / 5339.64834
=-3.37%

* 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.

Frequently Asked Questions Learn more about OCF Yield % →
What does a OCF Yield % of -1.16 mean?
D-Wave Quantum (QBTS) has a OCF Yield % of -1.16 as of Jun. 27, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on D-Wave Quantum and its competitors. According to the industry distribution chart, D-Wave Quantum ranks #1896 out of 2492 companies in the Hardware industry, placing it in the top 76.1%.
Is D-Wave Quantum's OCF Yield % too high?
D-Wave Quantum's current OCF Yield % is -1.16. Based on the distribution chart, D-Wave Quantum ranks #1896 out of 2492 companies in the Hardware industry, which is in the bottom quartile relative to peers. 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 OCF Yield % compare to RGTI and QUBT?
According to the Hardware industry distribution chart, D-Wave Quantum ranks #1896 out of 2492 companies for OCF Yield %. This places D-Wave Quantum in the lower half of its industry. The industry median OCF Yield % is 2.04. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for a Hardware company?
The median OCF Yield % among Hardware companies is 2.04, based on 2,492 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % 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 OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on D-Wave Quantum and its competitors. For the Hardware industry, the median OCF Yield % is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D-Wave Quantum's current OCF Yield % is -1.16. 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 $22.76 — trading 829% above its estimated fair value. The current OCF Yield % is -1.16. 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 OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For D-Wave Quantum (QBTS), the current OCF Yield % is -1.16 as of Jun. 27, 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 $22.76 is trading 829% above its estimated GF Value™ of $2.45. GuruFocus considers D-Wave Quantum to be Significantly Overvalued.

Key valuation signals for QBTS:

  • OCF Yield %: -1.16
  • GF Value™: $2.45 vs. price of $22.76 (829% 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

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

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

$22.76
Price
$2.45
GF Value