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QBTSD-Wave Quantum Inc.$ --
D-Wave Quantum Inc.

D-Wave Quantum Inc.

QBTS

$ -

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You can review earnings summary, quarterly trends, full-year progress, and detailed income statement data.

analyticsIncome Statement Summary

FY2025 Full YearUpdated: 12/31/2025

Revenue

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25M USD
YoY +178.5%

Operating Income

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-100M USD
YoY -30.0%

Net Income

verified
-355M USD
YoY -146.8%

EPS

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-1.11USD
YoY -48.0%

Quarterly Performance

Quarterly revenue and net income trend

RevenueOperating IncomeNet Income
No quarterly data available

Full-Year Progress

FY2026
Net Income Progress15.3%Below Target
Revenue Progress2.9M
Revenue Forecast43.9M
Net Income Progress-18.4M
Net Income Forecast-120.1M

Income Statement Details

Item
2020
2021
2022
2023
2024
2025
Revenue
Cost of revenue
Gross profit
25
4
20
Research & development
Selling & marketing
Selling, general and administrative
Other operating expenses
Operating income
51
29
70
125
-100
Interest expense
Income before tax
Income tax expense
Net income
4
-355
0
-355

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