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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 (Q4 2025), D-Wave Quantum's total revenue was $2.75M, an increase of 19.19% from the same quarter last year. In Q4, D-Wave Quantum's net income was $-42.33M. See D-Wave Quantum’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Mar 23Dec 21
Total Revenue
$ 24.59M$ 8.83M$ 8.76M$ 7.17M$ 6.28M
Gross Profit
$ 20.31M$ 5.56M$ 4.62M$ 4.25M$ 4.53M
Operating Expenses
$ 120.67M$ 82.79M$ 85.17M$ 63.71M$ 43.48M
Depreciation and Amortization
$ 2.31M$ 1.93M$ 1.84M$ 2.33M$ 2.60M
EBITDA
$ -348.74M$ -138.05M$ -80.83M$ -49.03M$ -34.36M
Operating Income
$ -100.37M$ -77.22M$ -80.55M$ -59.46M$ -38.95M
Other Income/Expenses
$ -254.69M$ -66.66M$ -2.17M$ 5.76M$ -2.02M
Pretax Income
$ -355.06M$ -143.88M$ -82.72M$ -53.70M$ -40.97M
Net Income
$ -355.06M$ -143.88M$ -82.72M$ -53.70M$ -40.97M
Per Share Metrics
Basic EPS
$ -1.11$ -0.75$ -0.60$ -0.45$ -0.33
Diluted EPS
$ -1.11$ -0.75$ -0.60$ -0.45$ -0.33
Weighted Average Shares Outstanding
321.20M 192.13M 137.99M 119.65M 125.34M
Weighted Average Shares Outstanding (Diluted)
321.20M 192.13M 137.99M 119.65M 125.34M
Currency in USD

D-Wave Quantum Earnings and Revenue History