PLTR vs. QBTS: Palantir vs. D-Wave Quantum Stock Comparison

Company Profile

Palantir (PLTR) and D-Wave Quantum (QBTS) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Palantir (PLTR) is a mega-cap company at 386.44 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

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 Palantir (PLTR) reports 40.91%, ranking against industry peers normally.

Palantir (PLTR) at 50.34% converts revenue to bottom-line profit above its industry’s benchmark range, while D-Wave Quantum (QBTS) at 0.00% keeps roughly the typical share for its industry.

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 Palantir (PLTR) reports 46.89%, ranking against industry peers normally.

Profitability Metrics

Growth

Both Palantir (PLTR) at 56.18% and D-Wave Quantum (QBTS) at 178.54% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.

Only one side can be read here: Palantir (PLTR) reports EPS growth of 231.06%, ranked against its industry; D-Wave Quantum (QBTS) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Both Palantir (PLTR) at 7.10 and D-Wave Quantum (QBTS) at 20.55 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

Both Palantir (PLTR) at 0.02 and D-Wave Quantum (QBTS) at 0.04 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

Financial Strength Metrics

Dividends

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

Neither Palantir (PLTR) 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: Palantir (PLTR) trades at 112.94 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 Palantir (PLTR) at 53.02 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 sits near its industry’s typical P/B ratio, while Palantir (PLTR) at 34.41 prices above its benchmark range — PLTR looks rich relative to book.

Valuation Metrics