COMP <GO>
QBTS vs MSFT // 10Y YIELD & FRED MACRO BETA
D-Wave Quantum Inc. (NASDAQ) VS. Microsoft Corporation (NASDAQ) • 15-METRIC TALLY: QBTS 4
— MSFT 10
▲ 10Y YIELD & FRED MACRO BETA LEADER: QBTS
LAST: $10.65 (-7.87%) • MKT CAP: $4.39B
macro-sensitivity
1.26
LAST: $521.91 (-1.55%) • MKT CAP: $3.88T
macro-sensitivity
1.14
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (QBTS VS. MSFT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | QBTS | MSFT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 82.60% | 67.66% | +14.94 | QBTS | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -22.60% | 26.54% | -49.14 | MSFT | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 19.9x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -1.73% | 1.55% | -3.28 | MSFT | /fcf-yield <GO> |
| Operating Margin | -60.00% | 47.10% | -107.10 | MSFT | /operating-margins <GO> |
| Net Profit Margin | -60.00% | 41.17% | -101.17 | MSFT | /net-margins <GO> |
| Revenue Growth (YoY) | 178.50% | 17.91% | +160.59 | QBTS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.70% | -0.70 | MSFT | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 26.00 | 9.35 | +16.65 | QBTS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 6/9 | -1.00 | MSFT | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.80% | 5.74% | +2.06 | MSFT | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 27.0 | 49.0 | -22.06 | MSFT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 1.26 | 1.14 | +0.12 | QBTS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 27.0x | 24.2x | +2.81 | MSFT | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.39B | $3.88T | -$3.87T | MSFT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | QBTS REV | MSFT REV | QBTS GROSS % | MSFT GROSS % | QBTS FCF | MSFT FCF |
|---|---|---|---|---|---|---|
| FY 2026 | — | $331.84B | — | 67.9% | — | $66.99B |
| FY 2025 | $24.6M | $281.72B | 82.6% | 68.8% | -$75.8M | $71.61B |
| FY 2024 | $8.8M | $245.12B | 63.0% | 69.8% | -$44.7M | $74.07B |
| FY 2023 | $8.8M | $211.91B | 44.0% | 68.9% | -$61.0M | $59.48B |
| FY 2022 | — | $198.27B | — | 68.4% | — | $65.15B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
QBTS // BETA 1.26
MSFT // BETA 1.14