D-Wave Quantum Inc. — Cash Flow Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow↓-59.1% -$7M
$-19M
Free Cash Flow↓-255.5% -$3M
$-2M
Investing Cash Flow
$141K
Financing Cash Flow↓-54.5% -$80M
$67M
Capex↑+74.6% +$709K
$2M
Stock-Based Comp↑+42.8% +$2M
$6M
Debt Issued
—
Debt Repaid
$0
D&A↑+51.9% +$164K
$480K
SBC Allocated Expense↑+42.8% +$2M
$6M
SBC Unrecognized Cost↓-80.7% -$15M
$4M