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D-Wave Quantum (QBTS)
NYSE:QBTS
US Market

D-Wave Quantum (QBTS) Income Statement

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D-Wave Quantum Income Statement

Last quarter (Q3 2025), D-Wave Quantum's total revenue was $3.74M, an increase of 61.93% from the same quarter last year. In Q3, D-Wave Quantum's net income was $-139.99M. See D-Wave Quantum’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 8.83M$ 8.76M$ 7.17M$ 6.28M$ 5.16M
Gross Profit
$ 5.56M$ 4.62M$ 4.25M$ 4.53M$ 4.25M
Operating Expenses
$ 82.79M$ 85.17M$ 63.71M$ 43.48M$ 35.71M
Depreciation and Amortization
$ 1.93M$ 1.84M$ 2.33M$ 2.60M$ 2.73M
EBITDA
$ -138.05M$ -80.83M$ -49.03M$ -34.36M$ -14.06M
Operating Income
$ -77.22M$ -80.55M$ -59.46M$ -38.95M$ -31.47M
Other Income/Expenses
$ -66.66M$ -2.17M$ 5.76M$ -2.02M$ 9.50M
Pretax Income
$ -143.88M$ -82.72M$ -53.70M$ -40.97M$ -21.97M
Net Income
$ -143.88M$ -82.72M$ -53.70M$ -40.97M$ -21.97M
Per Share Metrics
Basic EPS
$ -0.75$ -0.60$ -0.45$ -0.33$ -0.20
Diluted EPS
$ -0.75$ -0.60$ -0.45$ -0.33$ -0.20
Weighted Average Shares Outstanding
192.13M 137.99M 119.65M 125.34M 109.74M
Weighted Average Shares Outstanding (Diluted)
192.13M 137.99M 119.65M 125.34M 109.74M
Currency in USD

D-Wave Quantum Earnings and Revenue History