QBTS
D-Wave Quantum·NYSE
--
--(--)
--
--(--)
QBTS fundamentals
During Q4 2025, D-Wave Quantum (QBTS) reported revenue of 2.75M, a YoY change of 19.19%. Net income was -42.33M, a YoY change of 50.83%. Click to view the full income statement and explore the company's earnings performance.
Income Statement
Q1,2020 | Q2,2020 | Q3,2020 | Q4,2020 | Q1,2021 | Q2,2021 | Q3,2021 | Q4,2021 | Q1,2022 | Q2,2022 | Q3,2022 | Q4,2022 | Q1,2023 | Q2,2023 | Q3,2023 | Q4,2023 | Q1,2024 | Q2,2024 | Q3,2024 | Q4,2024 | Q1,2025 | Q2,2025 | Q3,2025 | Q4,2025 | TTM |
|---|
Start Date | Mar 24, 2020 | Apr 1, 2020 | Jul 1, 2020 | Oct 1, 2020 | Jan 1, 2021 | Apr 1, 2021 | Jul 1, 2021 | Oct 1, 2021 | Jan 1, 2022 | Apr 1, 2022 | Jul 1, 2022 | Oct 1, 2022 | Jan 1, 2023 | Apr 1, 2023 | Jul 1, 2023 | Oct 1, 2023 | Jan 1, 2024 | Apr 1, 2024 | Jul 1, 2024 | Oct 1, 2024 | Jan 1, 2025 | Apr 1, 2025 | Jul 1, 2025 | Oct 1, 2025 | -- |
End Date | Mar 31, 2020 | Jun 30, 2020 | Sep 30, 2020 | Dec 31, 2020 | Mar 31, 2021 | Jun 30, 2021 | Sep 30, 2021 | Dec 31, 2021 | Mar 31, 2022 | Jun 30, 2022 | Sep 30, 2022 | Dec 31, 2022 | Mar 31, 2023 | Jun 30, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | -- |
Fiscal Year-End | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | -- |
Revenue | -- -- | -- -- | 0 -- | 5.16M -- | -- -- | 1.14M -- | 1.31M -- | 2.43M -52.98% | 1.71M -- | 1.37M +20.58% | 1.70M +29.69% | 2.40M -1.28% | 1.58M -7.59% | 1.71M +24.51% | 2.56M +51.15% | 2.91M +21.34% | 2.46M +55.72% | 2.18M +27.89% | 1.87M -27.01% | 2.31M -20.54% | 15.00M +508.56% | 3.10M +41.78% | 3.74M +99.95% | 2.75M +19.19% | 24.59M -- |
Sales and Services Revenue | -- -- | -- -- | -- -- | 4.74M -- | -- -- | 1.14M -- | 1.31M -- | 2.36M -50.26% | 1.71M -- | 1.37M +20.58% | 1.70M +29.69% | 2.32M -1.74% | 1.58M -7.59% | 1.59M +16.34% | 2.47M +45.72% | 3.14M +35.75% | 2.33M +47.25% | 2.12M +32.98% | 1.87M -24.29% | 2.31M -26.62% | 14.96M +541.66% | 3.05M +43.85% | 3.70M +98.02% | 2.71M +17.38% | 24.42M -- |
Other Revenue | -- -- | -- -- | -- -- | 421.00K -- | -- -- | -- -- | -- -- | 69.00K -83.61% | -- -- | -- -- | -- -- | 79.00K +14.49% | -- -- | 112.00K -- | 92.00K -- | -238.00K -401.27% | 134.00K -- | 62.00K -44.64% | 0 -100.00% | 2.00K +100.84% | 44.00K -67.16% | 44.00K -29.03% | 36.00K -- | 44.00K +2100.00% | 168.00K -- |
Cost of Revenue | -- -- | -- -- | 0 -- | 915.00K -- | -- -- | 448.00K -- | 307.00K -- | 877.00K -4.15% | 616.00K -- | 620.00K +38.39% | 654.00K +113.03% | 1.06M +21.44% | 1.16M +88.64% | 1.00M +61.61% | 1.03M +57.95% | 939.00K -11.83% | 806.00K -30.64% | 795.00K -20.66% | 827.00K -19.94% | 836.00K -10.97% | 1.12M +39.45% | 1.12M +40.75% | 1.07M +29.38% | 968.00K +15.79% | 4.28M -- |
Cost of Goods and Services | -- -- | -- -- | -- -- | 915.00K -- | -- -- | -- -- | -- -- | 1.75M +91.26% | -- -- | -- -- | -- -- | 2.92M +67.03% | -- -- | 1.00M -- | 1.03M -- | 939.00K -67.88% | 806.00K -- | 795.00K -20.66% | 827.00K -19.94% | 836.00K -10.97% | 1.12M +39.45% | 1.12M +40.75% | 1.07M +29.38% | 968.00K +15.79% | 4.28M -- |
Gross Profit | -- -- | -- -- | -- -- | 4.25M -- | -- -- | 689.00K -- | 1.00M -- | 1.55M -63.51% | 1.10M -- | 751.00K +9.00% | 1.04M +4.10% | 1.33M -14.14% | 421.00K -61.62% | 705.00K -6.13% | 1.53M +46.88% | 1.97M +47.89% | 1.66M +294.06% | 1.39M +96.88% | 1.04M -31.79% | 1.47M -25.11% | 13.88M +736.47% | 1.98M +42.36% | 2.67M +155.90% | 1.78M +21.11% | 20.31M -- |
Operating Expenses | 1.00K -- | -- -- | -- -- | 35.71M -- | 781.87K +78087.20% | 10.03M -- | 10.79M -- | 12.40M -65.27% | 12.05M +1440.92% | 13.15M +31.21% | 16.20M +50.14% | 22.36M +80.29% | 25.11M +108.42% | 21.61M +64.30% | 19.94M +23.02% | 18.51M -17.23% | 19.18M -23.64% | 20.23M -6.41% | 21.68M +8.74% | 21.70M +17.27% | 25.17M +31.25% | 28.48M +40.79% | 30.41M +40.25% | 36.62M +68.73% | 120.67M -- |
Selling, General and Administrative Expenses | -- -- | -- -- | -- -- | 15.30M -- | -- -- | 3.73M -- | 4.48M -- | 6.27M -59.02% | 5.25M -- | 5.70M +52.60% | 8.70M +94.15% | 12.06M +92.33% | 14.20M +170.61% | 12.06M +111.72% | 10.48M +20.45% | 10.55M -12.49% | 10.65M -24.98% | 11.87M -1.59% | 13.01M +24.19% | 11.95M +13.27% | 14.88M +39.72% | 15.78M +32.95% | 16.33M +25.51% | 22.95M +91.97% | 69.94M -- |
Selling and Marketing Expenses | -- -- | -- -- | -- -- | 3.71M -- | -- -- | -- -- | -- -- | 6.18M +66.37% | -- -- | -- -- | -- -- | 10.07M +62.94% | -- -- | 2.49M -- | 2.47M -- | 2.41M -76.02% | 3.08M -- | 4.40M +76.89% | 3.75M +51.66% | 3.83M +58.53% | 6.92M +124.48% | 6.63M +50.72% | 6.95M +85.15% | 8.25M +115.60% | 28.75M -- |
General and Administrative Expenses | -- -- | -- -- | -- -- | 11.59M -- | -- -- | -- -- | -- -- | 11.90M +2.68% | -- -- | -- -- | -- -- | 21.54M +81.05% | -- -- | 9.58M -- | 8.00M -- | 8.14M -62.21% | 7.57M -- | 7.47M -21.98% | 9.26M +15.69% | 8.13M -0.16% | 7.96M +5.17% | 9.15M +22.49% | 9.38M +1.34% | 14.70M +80.84% | 41.19M -- |
Research and Development Expenses | -- -- | -- -- | -- -- | 20.41M -- | -- -- | 6.29M -- | 6.31M -- | 6.13M -69.95% | 6.80M -- | 7.46M +18.52% | 7.51M +18.91% | 10.30M +67.98% | 10.91M +60.47% | 9.55M +28.06% | 9.46M +26.00% | 7.96M -22.77% | 8.53M -21.90% | 8.36M -12.49% | 8.67M -8.36% | 9.75M +22.57% | 10.29M +20.68% | 12.69M +51.93% | 14.07M +62.38% | 13.68M +40.25% | 50.73M -- |
Other Operating Expenses | 1.00K -- | -- -- | -- -- | -1.00K -- | 781.87K +78087.20% | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Operating Income | -1.00K -- | -- -- | -- -- | -31.47M -- | -781.87K -78087.20% | -9.34M -- | -9.79M -- | -10.85M +65.51% | -10.95M -1300.61% | -12.40M -32.85% | -15.16M -54.85% | -21.03M -93.76% | -24.69M -125.46% | -20.91M -68.56% | -18.41M -21.39% | -16.54M +21.34% | -17.52M +29.06% | -18.84M +9.89% | -20.64M -12.11% | -20.23M -22.31% | -11.29M +35.54% | -26.50M -40.68% | -27.74M -34.41% | -34.84M -72.20% | -100.37M -- |
Non-Operating Income (Loss) | -- -- | -- -- | -- -- | 9.50M -- | 16.18M -- | 4.67M -- | 5.58M -- | -12.41M -230.67% | -602.00K -103.72% | 106.00K -97.73% | 3.51M -37.07% | 3.25M +126.20% | 284.00K +147.18% | -5.28M -5083.02% | 2.30M -34.52% | 528.00K -83.76% | 204.00K -28.17% | 1.06M +120.09% | -2.08M -190.22% | -65.84M -12570.64% | 5.87M +2777.45% | -140.83M -13373.04% | -112.25M -5307.03% | -7.49M +88.63% | -254.69M -- |
Gain (Loss) on Other Investment | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 1.16M -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | 0 -- | 0 -- | 1.66M -- | -157.00K -- | -8.00K -- | 0 -- | 0 -100.00% | 0 +100.00% | 850.00K +10725.00% | -1.01M -- | -159.00K -- |
Gain (Loss) on Change in Fair Value | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 6.17M -- | -- -- | -2.50M -- | 3.13M -- | -375.00K -106.07% | -1.45M -- | 1.92M +176.95% | -1.08M -134.56% | -68.27M -18106.40% | 3.94M +371.37% | -142.05M -7498.33% | -121.86M -11151.99% | -10.58M +84.51% | -270.54M -- |
Other Non-Operating Income (Loss) | -- -- | -- -- | -- -- | 14.68M -- | 16.12M -- | 4.88M -- | 5.79M -- | -10.15M -169.18% | -539.00K -103.34% | 1.15M -76.47% | 4.15M -28.36% | -2.84M +72.05% | 496.00K +192.02% | -2.21M -292.85% | 202.00K -95.13% | -882.00K +68.92% | 1.14M +129.23% | 458.00K +120.71% | 195.00K -3.47% | 1.11M +225.62% | 2.15M +89.36% | 1.43M +211.57% | 8.96M +4494.87% | -16.64M -1601.53% | -4.10M -- |
Net Interest Expense | -- -- | -- -- | -- -- | 5.18M -- | -58.85K -- | 207.00K -- | 205.00K -- | 3.42M -33.89% | 63.00K +207.05% | 1.04M +402.90% | 633.00K +208.78% | 83.00K -97.58% | 212.00K +236.51% | 575.00K -44.76% | 1.03M +63.51% | -1.78M -2250.60% | 1.14M +437.74% | 1.16M +101.74% | 1.18M +14.01% | -1.32M +25.99% | 226.00K -80.18% | 206.00K -82.24% | 201.00K -82.97% | -20.73M -1469.64% | -20.10M -- |
Interest Expense | -- -- | -- -- | -- -- | 5.18M -- | -- -- | 207.00K -- | 205.00K -- | 3.42M -33.89% | 63.00K -- | 1.04M +402.90% | 633.00K +208.78% | 83.00K -97.58% | 212.00K +236.51% | 575.00K -44.76% | 1.03M +63.51% | -1.78M -2250.60% | 1.14M +437.74% | 1.16M +101.74% | 1.18M +14.01% | 417.00K +123.36% | 226.00K -80.18% | 206.00K -82.24% | 201.00K -82.97% | 3.38M +710.55% | 4.01M -- |
Interest Income | -- -- | -- -- | -- -- | -- -- | 58.85K -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 1.74M -- | -- -- | -- -- | -- -- | 24.11M +1287.51% | -- -- |
Pretax Income From Continuing Operations | -1.00K -- | -- -- | 0 -- | -21.97M -- | 15.40M +1539902.00% | -4.67M -- | -4.21M -- | -23.27M -5.93% | -11.55M -175.03% | -12.30M -163.43% | -11.65M -176.79% | -17.78M +23.59% | -24.41M -111.25% | -26.19M -112.97% | -16.11M -38.25% | -16.01M +9.93% | -17.31M +29.07% | -17.78M +32.12% | -22.71M -41.02% | -86.08M -437.51% | -5.42M +68.69% | -167.33M -841.21% | -139.99M -516.35% | -42.33M +50.83% | -355.06M -- |
Income Tax Expense | -- -- | -- -- | 0 -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Net Income | -1.00K -- | -- -- | 0 -- | -21.97M -- | 15.40M +1539902.00% | -4.67M -- | -4.21M -- | -23.27M -5.93% | -11.55M -175.03% | -12.30M -163.43% | -11.65M -176.79% | -17.78M +23.59% | -24.41M -111.25% | -26.19M -112.97% | -16.11M -38.25% | -16.01M +9.93% | -17.31M +29.07% | -17.78M +32.12% | -22.71M -41.02% | -86.08M -437.51% | -5.42M +68.69% | -167.33M -841.21% | -139.99M -516.35% | -42.33M +50.83% | -355.06M -- |
Net Income Attributable to Owners of the Company | -1.00K -- | -- -- | -- -- | -21.97M -- | 15.40M +1539902.00% | -4.67M -- | -4.21M -- | -23.27M -5.93% | -11.55M -175.03% | -12.30M -163.43% | -11.65M -176.79% | -17.78M +23.59% | -24.41M -111.25% | -26.19M -112.97% | -16.11M -38.25% | -16.01M +9.93% | -17.31M +29.07% | -17.78M +32.12% | -22.71M -41.02% | -86.08M -437.51% | -5.42M +68.69% | -167.33M -841.21% | -139.99M -516.35% | -42.33M +50.83% | -355.06M -- |
Net Income Attributable to Common Stockholders | -1.00K -- | -- -- | -- -- | -21.97M -- | 15.40M +1539902.00% | -4.67M -- | -4.21M -- | -23.27M -5.93% | -11.55M -175.03% | -12.30M -163.43% | -11.65M -176.79% | -17.78M +23.59% | -24.41M -111.25% | -26.19M -112.97% | -16.11M -38.25% | -16.01M +9.93% | -17.31M +29.07% | -17.78M +32.12% | -22.71M -41.02% | -86.08M -437.51% | -5.42M +68.69% | -167.33M -841.21% | -139.99M -516.35% | -42.33M +50.83% | -355.06M -- |
Other Comprehensive Income | -- -- | -- -- | 0 -- | -82.00K -- | -- -- | -38.00K -- | 29.00K -- | -25.00K +69.51% | -70.00K -- | 32.00K +184.21% | 56.00K +93.10% | 23.00K +192.00% | -19.00K +72.86% | -66.00K -306.25% | 15.00K -73.21% | -45.00K -295.65% | 47.00K +347.37% | 22.00K +133.33% | -151.00K -1106.67% | 89.00K +297.78% | 498.00K +959.57% | 787.00K +3477.27% | 99.00K +165.56% | 105.00K +17.98% | 1.49M -- |
Total Comprehensive Income | -- -- | -- -- | 0 -- | -22.05M -- | -- -- | -4.71M -- | -4.18M -- | -23.29M -5.64% | -11.62M -- | -12.27M -160.62% | -11.59M -177.37% | -17.76M +23.77% | -24.43M -110.14% | -26.25M -114.06% | -16.09M -38.79% | -16.06M +9.56% | -17.27M +29.31% | -17.76M +32.37% | -22.86M -42.09% | -85.99M -435.45% | -4.92M +71.49% | -166.54M -837.95% | -139.89M -511.85% | -42.22M +50.90% | -353.57M -- |
Total Comprehensive Income Attributable to Owners of the Company | -- -- | -- -- | -- -- | -22.05M -- | -- -- | -4.71M -- | -4.18M -- | -23.29M -5.64% | -11.62M -- | -12.27M -160.62% | -11.59M -177.37% | -17.76M +23.77% | -24.43M -110.14% | -26.25M -114.06% | -16.09M -38.79% | -16.06M +9.56% | -17.27M +29.31% | -17.76M +32.37% | -22.86M -42.09% | -85.99M -435.45% | -4.92M +71.49% | -166.54M -837.95% | -139.89M -511.85% | -42.22M +50.90% | -353.57M -- |
Basic EPS | 0 -- | -- -- | -- -- | -730.83 -- | 0.41 -- | -0.04 -- | -0.03 -- | -0.37 +99.95% | -0.09 -121.95% | -0.1 -150.00% | -0.1 -233.33% | -0.16 +56.76% | -0.2 -122.22% | -0.21 -110.00% | -0.12 -20.00% | -0.1 +37.50% | -0.11 +45.00% | -0.1 +52.38% | -0.11 +8.33% | -0.32 -220.00% | -0.02 +81.82% | -0.55 -450.00% | -0.41 -272.73% | -0.12 +62.50% | -1.1 -- |
Basic EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.21 -- | -0.12 -- | -- -- | -0.11 -- | -0.1 +52.38% | -0.11 +8.33% | -- -- | -0.02 +81.82% | -0.55 -450.00% | -0.41 -272.73% | -- -- | -- -- |
Diluted EPS | 0 -- | -- -- | -- -- | -- -- | 0.41 -- | -0.04 -- | -0.03 -- | -- -- | -0.09 -121.95% | -0.1 -150.00% | -0.1 -233.33% | -- -- | -0.2 -122.22% | -0.21 -110.00% | -0.12 -20.00% | -- -- | -0.11 +45.00% | -0.1 +52.38% | -0.11 +8.33% | -- -- | -0.02 +81.82% | -0.55 -450.00% | -0.41 -272.73% | -- -- | -- -- |
Diluted EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.21 -- | -0.12 -- | -- -- | -0.11 -- | -0.1 +52.38% | -0.11 +8.33% | -- -- | -0.02 +81.82% | -0.55 -450.00% | -0.41 -272.73% | -- -- | -- -- |
You can ask Aime
What is the revenue and EPS growth rate for D-Wave Quantum year over year?Did D-Wave Quantum beat or miss consensus estimates last 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 factors drove the changes in D-Wave Quantum's revenue and profit?What is the market's earnings forecast for D-Wave Quantum next quarter?What is D-Wave Quantum's gross profit margin?What were the key takeaways from D-Wave Quantum's earnings call?
ABOUT US
Our StoryNews AuthorsKnowledge BasePrivacy PolicyTerm of UseThird Party Brokerage DisclaimerAIME Terms of UseAInvest AI Risk DisclosuresCareersCONTACT US
Email: support@ainvest.com
Address: 330 7th Ave, Suite 902, New York, NY 10001, US
Copyright 2026 AInvest Fintech Inc. All rights reserved.
