How does QBTS's earnings trend compare to peers?

D-Wave Quantum Inc. (QBTS) faces significant challenges in generating returns over its cost of capital, as indicated by a Return on Invested Capital (ROIC) of -45.13% and a Weighted Average Cost of Capital (WACC) of 9.44%. Despite these inefficiencies, QBTS has shown notable stock performance, with a 36% surge to $9.43, outpacing peers Rigetti Computing, IonQ, and Quantum Computing, which saw increases of 20%, 16%, and 22%, respectively. However, it's important to note that all companies in the quantum computing sector are struggling to generate returns above their cost of capital, with Rigetti Computing, Inc. (RGTI) having a ROIC of -25.12% and a WACC of 10.58%, resulting in a ROIC to WACC ratio of -2.37.

|code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|
|QUBT|QUBT.O|Quantum Computing|2024 Q1|27000|-6436000|-0.08|186|
|FOXO|FOXO.A|FOXO Technologies|2024 Q1|7000|-1504000|-0.24|170|
|QBTS|QBTS.N|D-Wave Quantum|2024 Q1|2465000|-1.7312E7|-0.11|169|
|IONQ|IONQ.N|IonQ|2024 Q1|7582000|-3.9592E7|-0.19|169|
|RGTI|RGTI.O|Rigetti Computing|2024 Q1|3052000|-2.0773E7|-0.14|186|
|QUBT|QUBT.O|Quantum Computing|2024 Q2|183000|-5194000|-0.06|186|
|FOXO|FOXO.A|FOXO Technologies|2024 Q2|28000|-2164000|-0.24|170|
|QBTS|QBTS.N|D-Wave Quantum|2024 Q2|2183000|-1.7778E7|-0.1|169|
|IONQ|IONQ.N|IonQ|2024 Q2|1.1381E7|-3.7561E7|-0.18|169|
|RGTI|RGTI.O|Rigetti Computing|2024 Q2|3086000|-1.2421E7|-0.07|186|