PANW vs. QBTS: Palo Alto Networks vs. D-Wave Quantum Stock Comparison

Company Profile

Palo Alto Networks (PANW) and D-Wave Quantum (QBTS) both belong to the Software industry, though PANW is classified under Systems Software while QBTS falls under Application Software.

Palo Alto Networks (PANW) is a mega-cap company at 256.86 billion USD, while D-Wave Quantum (QBTS) is mid-cap at 4.05 billion USD — a noticeably different scale category that can shape how their valuation multiples are read.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

D-Wave Quantum (QBTS) carries a highly aggressive beta of 2.31, indicating much higher sensitivity to broad-market moves, whereas Palo Alto Networks (PANW) is closer to market-like at 1.00 — a noticeable difference in market-sensitivity profile.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

D-Wave Quantum (QBTS) reports a negative ROE of -27.99%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Palo Alto Networks (PANW) reports 1.74%, ranking against industry peers normally.

Both Palo Alto Networks (PANW) at 2.67% and D-Wave Quantum (QBTS) at 0.00% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

D-Wave Quantum (QBTS) reports a negative operating margin of -1,732.06%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Palo Alto Networks (PANW) reports 5.40%, ranking against industry peers normally.

Profitability Metrics

Growth

D-Wave Quantum (QBTS) at 178.54% clears its industry range for revenue growth, far stronger top-line momentum than Palo Alto Networks (PANW) at 24.50%, which is closer to a typical peer reading.

Only one side can be read here: Palo Alto Networks (PANW) reports EPS growth of -75.00%, ranked against its industry; D-Wave Quantum (QBTS) has no EPS growth figure this period.

Growth Metrics

Financial Strength

D-Wave Quantum (QBTS) at 20.55 carries current ratio above its industry’s typical mid-range, while Palo Alto Networks (PANW) at 0.87 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

D-Wave Quantum (QBTS) at 0.04 keeps leverage in the lower industry quartile, while Palo Alto Networks (PANW) at 0.09 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Neither Palo Alto Networks (PANW) nor D-Wave Quantum (QBTS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Neither Palo Alto Networks (PANW) nor D-Wave Quantum (QBTS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Dividend Metrics

Valuation

An earnings multiple is available for just one side: Palo Alto Networks (PANW) trades at 784.60 times trailing earnings, ranked against its peers, while D-Wave Quantum (QBTS) has no P/E ratio this period.

Investors are paying well above the peer range per dollar of sales for both Palo Alto Networks (PANW) at 22.37 and D-Wave Quantum (QBTS) at 326.31 — each P/S ratio clears its industry’s benchmark range.

D-Wave Quantum (QBTS) at 3.67 is valued about in line with its industry on P/B ratio, while Palo Alto Networks (PANW) at 9.30 carries an above-peer premium to book — PANW is pricier on assets.

Valuation Metrics