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D-wave Quantum vs Growhub

D-wave Quantum is the larger business, with $24.6m of revenue in fiscal 2025 against $63,578 for Growhub (386.7 times as much). D-wave Quantum grew faster (178.5% against -64.2%). D-wave Quantum kept more of each dollar of sales as profit: a net margin of -1444.1% against -20715.6%.

Latest fiscal yearD-wave QuantumQBTS, 2025GrowhubTGHL, 2025
Revenue $24.6m $63,578
Revenue growth 178.5% -64.2%
Net income −$355m −$13.2m
Operating margin -408.2% -20382.2%
Net margin -1444.1% -20715.6%
Return on equity -77.6% —
Free cash flow −$75.8m −$10.8m
Cash $635m $905,147
Total debt $35.8m $0
Debt to equity 4.2% —
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 388 —
Market value $3.81bn $9.6m
Price vs our value range — —
Moat score 23 (Weak) —
Insider trades, 12 months 1 buys, 39 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.