D-Wave Quantum Inc. (QBTS)
NYSE: QBTS · Real-Time Price · USD
24.32
+0.33 (1.35%)
Jul 1, 2026, 1:53 PM EDT - Market open
D-Wave Quantum Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 12.44 | 24.59 | 8.83 | 8.76 | 7.17 | 6.28 | |
Revenue Growth (YoY) | -41.75% | 178.54% | 0.79% | 22.10% | 14.24% | 21.69% |
Cost of Revenue | 4.2 | 4.28 | 3.26 | 4.14 | 2.92 | 1.75 |
Gross Profit | 8.25 | 20.31 | 5.56 | 4.62 | 4.25 | 4.53 |
Selling, General & Admin | 85.81 | 69.94 | 47.49 | 47.29 | 31.61 | 18.08 |
Research & Development | 66.24 | 50.73 | 35.3 | 37.88 | 32.1 | 25.4 |
Total Operating Expenses | 152.05 | 120.67 | 82.79 | 85.17 | 63.71 | 43.48 |
Operating Income | -143.8 | -100.37 | -77.22 | -80.55 | -59.46 | -38.95 |
Interest Income | - | 24.12 | 1.74 | - | - | - |
Interest Expense | -4.05 | -4.01 | -3.9 | -0.04 | -2.34 | -4.01 |
Other Non-Operating Income (Expense) | -263.8 | -274.8 | -64.5 | -4.3 | 8.09 | 1.99 |
Total Non-Operating Income (Expense) | -267.85 | -254.69 | -66.66 | -4.34 | 5.76 | -2.03 |
Pretax Income | -46.81 | -355.06 | -143.88 | -84.88 | -53.7 | -40.97 |
Provision for Income Taxes | -28.45 | - | - | - | - | - |
Net Income | -18.36 | -355.06 | -143.88 | -84.88 | -53.7 | -40.97 |
Net Income to Common | -368 | -355.06 | -143.88 | -82.72 | -53.7 | -40.97 |
Shares Outstanding (Basic) | 341 | 321 | 192 | 138 | 120 | 125 |
Shares Outstanding (Diluted) | 341 | 321 | 192 | 138 | 120 | 125 |
Shares Change (YoY) | 52.82% | 67.18% | 39.23% | 15.33% | -4.54% | -1.43% |
EPS (Basic) | -1.13 | -1.11 | -0.75 | -0.60 | -0.45 | -0.33 |
EPS (Diluted) | -1.13 | -1.11 | -0.75 | -0.60 | -0.45 | -0.33 |
Free Cash Flow | -102.17 | -75.84 | -44.75 | -61.23 | -45.65 | -36.57 |
Free Cash Flow Per Share | -0.30 | -0.24 | -0.23 | -0.44 | -0.38 | -0.29 |
Gross Margin | 66.27% | 82.59% | 63.02% | 52.77% | 59.25% | 72.13% |
Operating Margin | -1155.61% | -408.22% | -874.85% | -919.68% | -828.91% | -620.29% |
Profit Margin | -147.52% | -1444.10% | -1629.99% | -969.22% | -748.67% | -652.54% |
FCF Margin | -821.02% | -308.47% | -506.96% | -699.15% | -636.40% | -582.48% |
EBITDA | -138.81 | -98.81 | -76.11 | -79.49 | -58.04 | -37.41 |
EBITDA Margin | -1115.51% | -401.86% | -862.29% | -907.65% | -809.08% | -595.86% |
EBIT | -143.8 | -100.37 | -77.22 | -80.55 | -59.46 | -38.95 |
EBIT Margin | -1155.61% | -408.22% | -874.85% | -919.68% | -828.91% | -620.29% |
Effective Tax Rate | 60.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |