QBTS vs QSI: Which Quantum Stock Is Better? D-Wave Quantum (Quantum Annealing) vs Quantum-Si (Quantum Biology) — live market, SEC financial and quantum-hardware data side by side.
Direct verdict: QBTS vs QSI QBTS leads this data snapshot on 4 of the five headline market, financial, runway, return and dilution measures with comparable data. The better investment still depends on valuation, technology execution and risk tolerance.
QBTS is the larger company at $6.95B market cap, about 41× the size of QSI ($167.46M).
QBTS reports more revenue ($24.59M vs $2.44M for QSI, latest fiscal year).
On cash runway — the metric that decides who needs to raise money first — QBTS is stronger (59mo vs 15mo).
QBTS vs QSI Performance (% return, all start at 0%) 1W 1M 3M 6M 1Y 2Y
2/26 3/27 4/28 5/27 6/26 7/28 -50% -25% +0% +25% +50%
QBTS +1.2% QSI -17.3%
Metric QBTS D-Wave Quantum QSI Quantum-Si Market Price $18.68 $0.7690 Market Cap $6.95B $167.46M 1Y Return +24.4% -32.5% 52W High $46.75 $3.10 52W Low $12.75 $0.69 Financials Revenue (latest FY) $24.59M $2.44M Revenue YoY +178.5% -20.3% Net Income -$355.06M -$101.34M Cash & Equivalents $546.24M $111.78M Cash Runway 59mo 15mo Risk Going Concern Flag No No ATM Offerings (dilution) 121 29 Daily Short Vol % 57.5% 37.6% Beta (1Y vs SPY) 1.44 1.42 Government & Research Federal Awards Total $40.00K $381.06K Academic Citations — — Patents — — Quantum Technology Physical Qubits 5,627 — Qubit Modality Physical Qubits (Quantum Annealing, Pegasus topology) — 2Q Gate Fidelity — — Cloud Platforms D-Wave Leap (Direct) — Roadmap Target Dual-platform: annealing utility today + gate-model roadmap (June 2026 Investor Day) — initial 17-qubit gate-model system 2026, 49 qubits 2027, 181 qubits 2028, 10 logical qubits 2030, 100 logical qubits executing 1M+ operations by 2032 via dual-rail qubits (Quantum Circuits acquisition) Proteus commercial launch Q2 2027 (18+ amino acids, ~1,000× throughput); 20 of 20 amino acids by 2027 Company Founded 1999 2017 Headquarters Burnaby, BC, Canada Guilford, CT Employees 382 145
Company DNA 0–100 rank vs all tracked stocks · missing data = 0
QBTS QSI
Momentum Scale Revenue Runway Gov $ Research
Momentum = 1Y return · Scale = market cap · Runway capped at 36mo · Gov $ = federal awards · Research = citations + patents. Dollar axes use log scale.
🧪 Want more? Open QBTS vs QSI in the Comparison Lab — auto-generated insights, pattern finder, gem scores, and add any other stock to the lineup → QBTS vs QSI FAQ Is QBTS or QSI the bigger company?
QBTS is larger, with a market cap of $6.95B versus $167.46M for QSI.
Which has the longer cash runway, QBTS or QSI?
QBTS's cash runway is 59mo and QSI's is 15mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).
What technology do QBTS and QSI use?
D-Wave Quantum (QBTS): Physical Qubits (Quantum Annealing, Pegasus topology). Quantum-Si (QSI): Quantum Biology. Qubit counts are not directly comparable across different modalities.
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