QBTS
D-Wave Quantum·NYSE
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QBTS fundamentals
D-Wave Quantum (QBTS) released its earnings on Nov 6, 2025: revenue was 3.74M (YoY +99.95%), beat estimates; EPS was -0.05 (YoY +54.55%), beat estimates.
Revenue / YoY
3.74M
+99.95%
EPS / YoY
-0.05
+54.55%
Report date
Nov 6, 2025
QBTS Earnings Call Summary for Q3,2025
- Revenue Surge: Q3 revenue up 100% YoY to $3.7M, driven by system upgrades and QCaaS growth.
- Strategic Deals: EUR 10M Italy contract and U.S. government partnership highlight expanding commercial traction.
- Tech Lead: Advantage2 system solves real-world problems 1,000x faster than classical, with gate model R&D using unique superconducting tech.
- Financial Strength: $836M cash enables M&A and R&D, with adjusted EBITDA loss up 49% YoY.
- Customer Expansion: Over 100 customers, including 2 dozen Forbes Global 2000 companies, with BASF and North Wales Police seeing 14-18% efficiency gains.
EPS
Revenue
Revenue & Expenses
QBTS has released its 2025 Q3 earnings report, with revenue of 3.74M, reflecting a YoY change of 99.95%, and net profit of -139.99M, showing a YoY change of -516.35%. The Sankey diagram below clearly presents QBTS's revenue sources and cost distribution.
Key Indicators
D-Wave Quantum (QBTS) key financial stats and ratios, covering profitability, financial health, and leverage.
D-Wave Quantum (QBTS)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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D-Wave Quantum (QBTS)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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D-Wave Quantum (QBTS)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does D-Wave Quantum (QBTS) generate its revenue? Explore its key revenue streams and top earning regions.
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Track D-Wave Quantum (QBTS) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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You can ask Aime
What were the key takeaways from D-Wave Quantum's earnings call?Did D-Wave Quantum beat or miss consensus estimates last quarter?What were the key takeaways from D-Wave Quantum’s earnings call?What is the market's earnings forecast for D-Wave Quantum next quarter?What is D-Wave Quantum's latest dividend and current dividend yield?What does D-Wave Quantum do and what are its main business segments?What is the revenue and EPS growth rate for D-Wave Quantum year over year?What guidance did D-Wave Quantum's management provide for the next earnings period?
