QBTS

D-Wave Quantum Inc.

There isn't enough reported data to score QBTS yet.

SKHY

SK hynix Inc.

79
Fundamentals95/ 100
Valuation50/ 100
Upside potentialUnknown
Risk potentialUnknown

SKHY lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.

QBTS Fundamentals

MetricStatus
Under pressure
Weak
Weak
Unavailable

QBTS's revenue, profitability and cash flow are currently under pressure. There isn't enough data to rate its balance sheet.

SKHY Fundamentals

MetricStatus
Strong
Strong
Strong
Strong

SKHY's revenue, profitability, cash flow and balance sheet are all currently strong.

QBTS PE Valuation

QBTS has no meaningful PE right now: it lost money over the past year.

SKHY PE Valuation

SKHY has no meaningful PE right now: it lost money over the past year.

QBTS Forward outlook

MetricOutlook
--
Losses steady
Strong growth
--
Limited
Low

Analysts expect QBTS's revenue to grow, with its earnings and profitability holding steady. However, they disagree widely on these estimates.

SKHY Forward outlook

MetricOutlook
--
Strong growth
Strong growth
Strongly improving
Limited
Low

Analysts expect strong earnings and revenue growth for SKHY, with profitability improving. However, they disagree widely on these estimates.

QBTS Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $9.84 on Nov 12.

There is not enough scenario data to compare QBTS and SKHY's risk to reward.

SKHY Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $137.71 on Nov 12.

There is not enough scenario data to compare QBTS and SKHY's risk to reward.

QBTS Earnings Per Share

Q3 2025: $-1.41Q4 2025: $-1.11Q1 2026: $-1.14Q2 2026: $-0.72Q3 2026: $-0.44
Q3 2025: $-1.41Q4 2025: $-1.11Q1 2026: $-1.14Q2 2026: $-0.72Q3 2026: $-0.44
QuarterTTM EPSYoY
Q3 2026-$0.44+$0.97

QBTS is still losing money, but far less than before: $0.44 per share over the past year, against $1.41 at its worst in late 2025.

SKHY Earnings Per Share

Q3 2023: $-1.25Q4 2023: $-0.99Q1 2024: $-0.50Q2 2024: $0.27Q3 2024: $1.10Q4 2024: $2.12Q1 2025: $2.76Q2 2025: $3.04Q3 2025: $3.78Q4 2025: $4.52Q1 2026: $7.91Q2 2026: $17.04
Q3 2023: $-1.25Q4 2023: $-0.99Q1 2024: $-0.50Q2 2024: $0.27Q3 2024: $1.10Q4 2024: $2.12Q1 2025: $2.76Q2 2025: $3.04Q3 2025: $3.78Q4 2025: $4.52Q1 2026: $7.91Q2 2026: $17.04
QuarterTTM EPSYoY
Q2 2026$17.04+461%
Q1 2026$7.91+187%
Q4 2025$4.52+113%
Q3 2025$3.78+244%
Q2 2025$3.04+1026%
Q1 2025$2.76+$3.26
Q4 2024$2.12+$3.11
Q3 2024$1.10+$2.35

SKHY has the edge over QBTS in the latest year-over-year earnings comparison.

QBTS Quarterly Revenue

Q4 2024: $2MQ1 2025: $15MQ2 2025: $3MQ3 2025: $4MQ4 2025: $3MQ1 2026: $3MQ2 2026: $3MQ3 2026: $5M
Q4 2024: $2MQ1 2025: $15MQ2 2025: $3MQ3 2025: $4MQ4 2025: $3MQ1 2026: $3MQ2 2026: $3MQ3 2026: $5M
QuarterRevenueYoY
Q3 2026$4.5M+21%
Q2 2026$3.1M-0.6%
Q1 2026$2.9M-81%
Q4 2025$2.8M+19%

QBTS's revenue is recovering but still below its 2025 peak: $5M last quarter, up 21% from the same quarter a year ago.

SKHY Quarterly Revenue

Q3 2023: $6.8BQ4 2023: $8.5BQ1 2024: $9.3BQ2 2024: $12.3BQ3 2024: $13.2BQ4 2024: $14.8BQ1 2025: $13.2BQ2 2025: $16.7BQ3 2025: $18.3BQ4 2025: $24.6BQ1 2026: $39.4BQ2 2026: $59.4B
Q3 2023: $6.8BQ4 2023: $8.5BQ1 2024: $9.3BQ2 2024: $12.3BQ3 2024: $13.2BQ4 2024: $14.8BQ1 2025: $13.2BQ2 2025: $16.7BQ3 2025: $18.3BQ4 2025: $24.6BQ1 2026: $39.4BQ2 2026: $59.4B
QuarterRevenueYoY
Q2 2026$59.4B+257%
Q1 2026$39.4B+198%
Q4 2025$24.6B+66%
Q3 2025$18.3B+39%
Q2 2025$16.7B+35%
Q1 2025$13.2B+42%
Q4 2024$14.8B+75%
Q3 2024$13.2B+94%

SKHY has the edge over QBTS on sales, with more consistent year-over-year improvement.

QBTS Free Cash Flow

Q4 2024: $1MQ1 2025: −$20MQ2 2025: −$16MQ3 2025: −$20MQ4 2025: −$20MQ1 2026: −$46MQ2 2026: −$33MQ3 2026: --
Q4 2024: $1MQ1 2025: −$20MQ2 2025: −$16MQ3 2025: −$20MQ4 2025: −$20MQ1 2026: −$46MQ2 2026: −$33MQ3 2026: --
QuarterFree cash flowYoY
Q2 2026-$32.9M-$16.9M
Q1 2026-$46M-$26.3M
Q4 2025-$20M-1977%

QBTS and SKHY do not have enough comparable growth data to identify a winner.

SKHY Free Cash Flow

Q3 2023: −$438MQ4 2023: $1.6BQ1 2024: $1.6BQ2 2024: $2.7BQ3 2024: $3BQ4 2024: $2.7BQ1 2025: $1.9BQ2 2025: $3.4BQ3 2025: $6.8BQ4 2025: $6.5BQ1 2026: $13.8BQ2 2026: $41.2B
Q3 2023: −$438MQ4 2023: $1.6BQ1 2024: $1.6BQ2 2024: $2.7BQ3 2024: $3BQ4 2024: $2.7BQ1 2025: $1.9BQ2 2025: $3.4BQ3 2025: $6.8BQ4 2025: $6.5BQ1 2026: $13.8BQ2 2026: $41.2B
QuarterFree cash flowYoY
Q2 2026$41.2B+1111%
Q1 2026$13.8B+619%
Q4 2025$6.5B+142%
Q3 2025$6.8B+127%
Q2 2025$3.4B+26%
Q1 2025$1.9B+20%
Q4 2024$2.7B+67%
Q3 2024$3B+$3.4B

SKHY generated $68.3B in free cash flow over the past year, about six times what it generated the year before.

QBTS Total Shares

Q1 2025: 286MQ2 2025: 302MQ3 2025: 342MQ4 2025: 321MQ1 2026: 367MQ2 2026: 371M
Q1 2025: 286MQ2 2025: 302MQ3 2025: 342MQ4 2025: 321MQ1 2026: 367MQ2 2026: 371M
PeriodChange %Net change
Quarterly+0.9%+3.4M shares
1 year+23%+68.6M shares

QBTS has 371M diluted shares, up 23% from a year ago.

SKHY Total Shares

Q3 2023: 6.9BQ4 2023: 6.9BQ1 2024: 6.9BQ2 2024: 7.1BQ3 2024: 7.1BQ4 2024: 6.9BQ1 2025: 6.9BQ2 2025: 7.1BQ3 2025: 7.1BQ4 2025: 7.1BQ1 2026: 7.1BQ2 2026: 7.1B
Q3 2023: 6.9BQ4 2023: 6.9BQ1 2024: 6.9BQ2 2024: 7.1BQ3 2024: 7.1BQ4 2024: 6.9BQ1 2025: 6.9BQ2 2025: 7.1BQ3 2025: 7.1BQ4 2025: 7.1BQ1 2026: 7.1BQ2 2026: 7.1B
PeriodChange %Net change
Quarterly+0.2%+14.8M shares
1 year+0.2%+14.8M shares
3 years+3.7%+254M shares
5 years+3.9%+268M shares
Available history+4.3%+294M shares

SKHY has the edge over QBTS on shareholder dilution, with a more favorable share count trend.

QBTS Net Leverage

QBTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

SKHY Net Leverage

Q3 2023: 23.3xQ4 2023: 7.2xQ1 2024: 2.7xQ2 2024: 1.2xQ3 2024: 0.6xQ4 2024: 0.4xQ1 2025: 0.3xQ2 2025: 0.3xQ3 2025: 0.3xQ4 2025: 0.2xQ1 2026: 0.0xQ2 2026: -0.0x
Q3 2023: 23.3xQ4 2023: 7.2xQ1 2024: 2.7xQ2 2024: 1.2xQ3 2024: 0.6xQ4 2024: 0.4xQ1 2025: 0.3xQ2 2025: 0.3xQ3 2025: 0.3xQ4 2025: 0.2xQ1 2026: 0.0xQ2 2026: -0.0x
QuarterNet LeverageStatus
Q2 2026-0.0xNet Cash
Q1 20260.0xVery low
Q4 20250.2xVery low
Q3 20250.3xVery low
Q2 20250.3xVery low
Q1 20250.3xVery low
Q4 20240.4xVery low
Q3 20240.6xVery low

SKHY has more cash than debt.

QBTS Weekly Momentum

MetricValueStatus
RSI31.7Neutral
Stochastic10.0Oversold

QBTS's weekly RSI is 32 (neutral) and its Stochastic is 10 (oversold).

SKHY Weekly Momentum

MetricValueStatus
RSI28.7Oversold
Stochastic19.7Oversold

SKHY's weekly RSI is 29 (oversold) and its Stochastic is 20 (oversold).

QBTS PE vs Technology Sector

QBTS has no meaningful PE right now: it lost money over the past year.

SKHY PE vs Technology Sector

SKHY has no meaningful PE right now: it lost money over the past year.

QBTS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$12.823% below
20 week MA$16.340% below
50 week MA$19.950% below
100 week MA$17.644% below
200 week MA$9.464% above

QBTS has stronger trend alignment. QBTS is above 1 of 5 weekly averages versus SKHY above 0 of 1.

SKHY Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$155.411% below

SKHY is in a downtrend: it's below all one of its weekly moving averages, and 11% below its 8-week average.

QBTS Yearly ROI

YearStart priceEnd priceROI
2020$10.2$10.5+3.4%
2021$10.5$9.79-6.8%
2022$9.79$1.70-83%
2023$1.70$0.88-48%
2024$0.88$9.91+1026%
2025$9.91$25.3+155%
2026 YTD$25.3$9.84-61%

QBTS's yearly returns have swung widely, from +1026% in 2024 to −83% in 2022. It's down 61% so far in 2026.

SKHY Yearly ROI

YearStart priceEnd priceROI
2026 YTD$168.0$137.7-18%

SKHY has the edge over QBTS on returns for 2026, with the stronger performance.

Give your agent the market.

Get API key