Companies: 10,795·Total market cap: $144.5T
D-Wave Quantum Inc.

D-Wave Quantum Inc.

QBTSNYSETechnology● Active
$25.83
+$1.98(+8.30%)
Market Cap$9.5B
P/E Ratio
52W High$46.75
52W Low$12.75
Overview

D-Wave Quantum Inc. (QBTS) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

QBTS · shares outstanding · updated Jun 10, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
321.2M +67.18% YoY Change
FY · as of Dec 31, 2025 · Reported in USD
vs 192.1M in FY 2024
Diluted Shares Outstanding
321.2M
incl. options, RSUs, convertibles
Dilution Spread
+0.00%
Diluted vs Basic
YoY Change
+67.18%
year-over-year
Float (Free Float)
357.0M
publicly tradable shares
97.2% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-10

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+39.0%
2022 → 2025
5-Year CAGRincreasing
+24.0%
2020 → 2025
10-Year CAGR

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 321.2M
321.2M
+67.18%
FY 2024
Diluted Shares: 192.1M
192.1M
+39.23%
FY 2023
Diluted Shares: 138.0M
138.0M
+15.33%
FY 2022
Diluted Shares: 119.6M
119.6M
-4.54%
FY 2021
Diluted Shares: 125.3M
125.3M
+14.21%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Technology sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Technology sector.

#SymbolCompanyShares (Basic)vs QBTS
#1
NVIDIA CorporationNVDA
NVIDIA Corporation
24.359B+>999%
#2
Apple Inc.AAPL
Apple Inc.
14.948B+>999%
#3
Microsoft CorporationMSFT
Microsoft Corporation
7.433B+>999%
#4
Taiwan Semiconductor Manufacturing Company LimitedTSM
Taiwan Semiconductor Manufacturing Company Limited
5.186B+>999%
#5
Broadcom Inc.AVGO
Broadcom Inc.
4.712B+>999%
#6
Micron Technology, Inc.MU
Micron Technology, Inc.
1.116B+247.4%
#7
D-Wave Quantum Inc.QBTS
D-Wave Quantum Inc.YOU
321.2M

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

D-Wave Quantum Inc. (QBTS) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, D-Wave Quantum Inc. reports 321.2M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

D-Wave Quantum Inc.'s basic shares outstanding (321.2M) represents currently issued shares. Diluted shares outstanding (321.2M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.

Shares Outstanding vs. Float (Free Float)

D-Wave Quantum Inc.'s float is 357.0M (97.2% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float357.0M(97.2%)
Outstanding367.3M

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

D-Wave Quantum Inc. (QBTS) shares outstanding history from 2020 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

D-Wave Quantum Inc. shares outstanding for the fiscal year ending December 31, 2025 were 321.2M, a 67.18% increase year-over-year. D-Wave Quantum Inc. FY 2025 shares outstanding were 321.2M, a +67.18% increase from FY 2024.

D-Wave Quantum Inc. is a leading company operating in the Technology sector. The company's share count trajectory — with a 10-year CAGR of — — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

QBTS shares outstanding · 4 questions

As of December 31, 2025, D-Wave Quantum Inc. (QBTS) has approximately 321.2M basic shares outstanding and 321.2M diluted shares outstanding. This represents a +67.18% year-over-year increase from FY 2024 (192.1M). The increase may reflect equity compensation issuances or secondary offerings.

QBTS shares outstandinghow many shares does QBTS haveQBTS basic shares 2025QBTS diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · D-Wave Quantum Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-10