D-wave Quantum vs Wetour Robotics
D-wave Quantum is the larger business, with $24.6m of revenue in fiscal 2025 against $4.9m for Wetour Robotics (5.0 times as much). D-wave Quantum grew faster (178.5% against -22.5%). Wetour Robotics kept more of each dollar of sales as profit: a net margin of -35.1% against -1444.1%. D-wave Quantum carries less debt relative to equity (4.2% against 56.7%).
| Latest fiscal year | D-wave QuantumQBTS, 2025 | Wetour RoboticsWETO, 2025 |
|---|---|---|
| Revenue | $24.6m | $4.9m |
| Revenue growth | 178.5% | -22.5% |
| Net income | −$355m | −$1.7m |
| Operating margin | -408.2% | -37.6% |
| Net margin | -1444.1% | -35.1% |
| Return on equity | -77.6% | -29.4% |
| Free cash flow | −$75.8m | −$8.2m |
| Cash | $635m | $1.6m |
| Total debt | $35.8m | $4.5m |
| Debt to equity | 4.2% | 56.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 388 | — |
| Market value | $3.81bn | $17.5m |
| Price vs our value range | — | — |
| Moat score | 23 (Weak) | — |
| Insider trades, 12 months | 1 buys, 39 sales | 0 buys, 0 sales |