vs
Side-by-side financial comparison of Edible Garden AG Inc (EDBL) and D-Wave Quantum Inc. (QBTS). Click either name above to swap in a different company.
Edible Garden AG Inc is the larger business by last-quarter revenue ($4.1M vs $2.8M, roughly 1.5× D-Wave Quantum Inc.). On growth, D-Wave Quantum Inc. posted the faster year-over-year revenue change (19.2% vs 6.6%). Edible Garden AG Inc produced more free cash flow last quarter ($-2.8M vs $-20.0M). Over the past eight quarters, Edible Garden AG Inc's revenue compounded faster (14.8% CAGR vs -2.7%).
Edible Garden AG Inc is a U.S.-based sustainable agricultural company specializing in hydroponically grown fresh organic herbs, leafy greens, and specialty vegetables. It distributes its pesticide-free produce to leading grocery retailers, food service operators, and direct-to-consumer platforms across North America, prioritizing eco-friendly, low-water farming practices.
D-Wave Quantum Inc. is a quantum computing company with locations in Palo Alto, California and Burnaby, British Columbia. D-Wave claims to be the world's first company to sell computers that exploit quantum effects in their operation. D-Wave's early customers include Lockheed Martin, the University of Southern California, Google/NASA, and Los Alamos National Laboratory.
EDBL vs QBTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.1M | $2.8M |
| Net Profit | — | $-42.3M |
| Gross Margin | -29.0% | 64.8% |
| Operating Margin | -138.6% | -1266.0% |
| Net Margin | — | -1538.0% |
| Revenue YoY | 6.6% | 19.2% |
| Net Profit YoY | — | 50.8% |
| EPS (diluted) | $-109.97 | $-0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $4.1M | $2.8M | ||
| Q3 25 | $2.8M | $3.7M | ||
| Q2 25 | $3.1M | $3.1M | ||
| Q1 25 | $2.7M | $15.0M | ||
| Q4 24 | $3.9M | $2.3M | ||
| Q3 24 | $2.6M | — | ||
| Q2 24 | $4.3M | $2.2M | ||
| Q1 24 | $3.1M | $2.5M |
| Q4 25 | — | $-42.3M | ||
| Q3 25 | $-4.0M | $-140.0M | ||
| Q2 25 | $-4.0M | $-167.3M | ||
| Q1 25 | $-3.3M | $-5.4M | ||
| Q4 24 | $-3.1M | $-86.1M | ||
| Q3 24 | $-2.1M | — | ||
| Q2 24 | $-1.9M | $-17.8M | ||
| Q1 24 | $-4.0M | $-17.3M |
| Q4 25 | -29.0% | 64.8% | ||
| Q3 25 | 9.7% | 71.4% | ||
| Q2 25 | 20.2% | 63.8% | ||
| Q1 25 | 3.2% | 92.5% | ||
| Q4 24 | 0.6% | 63.8% | ||
| Q3 24 | 27.1% | — | ||
| Q2 24 | 36.7% | 63.6% | ||
| Q1 24 | 0.7% | 67.3% |
| Q4 25 | -138.6% | -1266.0% | ||
| Q3 25 | -126.3% | -741.8% | ||
| Q2 25 | -114.2% | -856.3% | ||
| Q1 25 | -107.7% | -75.3% | ||
| Q4 24 | -70.8% | -876.2% | ||
| Q3 24 | -57.7% | — | ||
| Q2 24 | -27.7% | -863.0% | ||
| Q1 24 | -123.3% | -710.6% |
| Q4 25 | — | -1538.0% | ||
| Q3 25 | -143.6% | -3743.9% | ||
| Q2 25 | -128.5% | -5406.4% | ||
| Q1 25 | -122.3% | -36.1% | ||
| Q4 24 | -79.5% | -3727.9% | ||
| Q3 24 | -79.8% | — | ||
| Q2 24 | -45.3% | -814.4% | ||
| Q1 24 | -127.0% | -702.3% |
| Q4 25 | $-109.97 | $-0.13 | ||
| Q3 25 | $1.38 | $-0.41 | ||
| Q2 25 | $-6.58 | $-0.55 | ||
| Q1 25 | $-2.47 | $-0.02 | ||
| Q4 24 | $-330.78 | $-0.43 | ||
| Q3 24 | $16.32 | — | ||
| Q2 24 | $-30.02 | $-0.10 | ||
| Q1 24 | $-341.14 | $-0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $884.5M |
| Total DebtLower is stronger | $1.7M | — |
| Stockholders' EquityBook value | $12.5M | $852.2M |
| Total Assets | $20.6M | $915.8M |
| Debt / EquityLower = less leverage | 0.13× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $884.5M | ||
| Q3 25 | — | $836.2M | ||
| Q2 25 | — | $819.3M | ||
| Q1 25 | — | $304.3M | ||
| Q4 24 | — | $178.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.7M | — | ||
| Q3 25 | $2.7M | — | ||
| Q2 25 | $2.0M | — | ||
| Q1 25 | $2.4M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $12.5M | $852.2M | ||
| Q3 25 | $12.9M | $670.6M | ||
| Q2 25 | $1.6M | $694.3M | ||
| Q1 25 | $1.9M | $207.4M | ||
| Q4 24 | $4.1M | $62.6M | ||
| Q3 24 | $3.3M | — | ||
| Q2 24 | $511.0K | $-21.5M | ||
| Q1 24 | $-4.1M | $-37.0M |
| Q4 25 | $20.6M | $915.8M | ||
| Q3 25 | $20.1M | $865.8M | ||
| Q2 25 | $21.8M | $843.6M | ||
| Q1 25 | $8.5M | $325.6M | ||
| Q4 24 | $11.9M | $199.9M | ||
| Q3 24 | $8.9M | — | ||
| Q2 24 | $9.9M | $61.8M | ||
| Q1 24 | $6.3M | $48.6M |
| Q4 25 | 0.13× | — | ||
| Q3 25 | 0.21× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 0.61× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.7M | $-18.4M |
| Free Cash FlowOCF − Capex | $-2.8M | $-20.0M |
| FCF MarginFCF / Revenue | -66.8% | -727.9% |
| Capex IntensityCapex / Revenue | 2.3% | 60.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.4M | $-75.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.7M | $-18.4M | ||
| Q3 25 | $-2.4M | $-19.0M | ||
| Q2 25 | $-3.4M | $-15.3M | ||
| Q1 25 | $-3.3M | $-19.3M | ||
| Q4 24 | $-1.8M | $2.0M | ||
| Q3 24 | $-1.1M | — | ||
| Q2 24 | $-4.6M | $-14.5M | ||
| Q1 24 | $-1.1M | $-12.1M |
| Q4 25 | $-2.8M | $-20.0M | ||
| Q3 25 | $-2.8M | $-20.1M | ||
| Q2 25 | $-3.5M | $-16.0M | ||
| Q1 25 | $-3.4M | $-19.7M | ||
| Q4 24 | $-1.9M | $1.1M | ||
| Q3 24 | $-1.1M | — | ||
| Q2 24 | $-4.7M | $-15.0M | ||
| Q1 24 | $-1.1M | $-12.4M |
| Q4 25 | -66.8% | -727.9% | ||
| Q3 25 | -98.9% | -536.5% | ||
| Q2 25 | -110.8% | -518.1% | ||
| Q1 25 | -125.5% | -131.4% | ||
| Q4 24 | -48.6% | 46.2% | ||
| Q3 24 | -43.4% | — | ||
| Q2 24 | -110.2% | -687.7% | ||
| Q1 24 | -35.6% | -504.0% |
| Q4 25 | 2.3% | 60.3% | ||
| Q3 25 | 14.5% | 27.2% | ||
| Q2 25 | 1.7% | 24.2% | ||
| Q1 25 | 2.9% | 2.9% | ||
| Q4 24 | 3.3% | 41.1% | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 2.6% | 25.0% | ||
| Q1 24 | 1.8% | 12.4% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EDBL
| Herbs Produce Floral | $3.6M | 86% |
| Other | $576.0K | 14% |
QBTS
| Transferred Over Time | $2.4M | 89% |
| Other | $306.0K | 11% |
