IBM vs QBTS
IBM: IBM delivers hybrid cloud platforms and AI-powered consulting services to help enterprises modernize infrastructure and accelerate digital transformation at scale. QBTS: D-Wave is the world's first and only dual-platform quantum computing company delivering both annealing and gate-model quantum systems to solve complex computational problems beyond classical computing.
Side-by-side fundamentals
| Metric | IBM | QBTS | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $205.77 | $17.35 | |
| Market cap as of 2026-07-23 | $197.4B | $6.4B | |
| P/E as of 2026-07-23 | 18.36 | n/a | |
| PEG as of 2026-07-23 | 3.03 | -0.18 | QBTS lower |
| Net margin as of 2026-07-23 | +15.6% | -2957.2% | IBM higher |
| Gross margin as of 2026-07-23 | +58.4% | +66.3% | QBTS higher |
| Operating margin as of 2026-07-23 | +15.3% | -1155.6% | IBM higher |
| ROE as of 2026-07-23 | +35.5% | -44.0% | IBM higher |
| ROA as of 2026-07-23 | +7.1% | -38.5% | IBM higher |
| Debt / equity as of 2026-07-23 | 2.01 | 0.03 | QBTS lower |
| Revenue growth (YoY) as of 2026-07-23 | +9.7% | -41.8% | IBM higher |
| Revenue CAGR (3y) SEC XBRL | +3.7% | +50.8% | QBTS higher |
| Dividend yield as of 2026-07-23 | +3.3% | n/a | |
| Dividend streak (yrs) SEC XBRL | 5 | n/a | |
| Beta as of 2026-07-23 | 0.70 | 2.16 | |
| 1-year return as of 2026-07-22 close | -27.0% | -1.4% | QBTS higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.