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D-Wave Quantum (QBTS)

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  • 21.440
  • -0.910-4.07%
Close May 13 15:59 ET
  • 21.190
  • -0.250-1.17%
Pre 05:27 ET
7.86BMarket Cap-18.81P/E (TTM)

D-Wave Quantum (QBTS) Income Statement

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(Q1)Mar 31, 2026
(FY)Dec 31, 2025
(Q4)Dec 31, 2025
(Q3)Sep 30, 2025
(Q2)Jun 30, 2025
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q4)Dec 31, 2024
(Q3)Sep 30, 2024
(Q2)Jun 30, 2024
Total revenue
-80.95%2.86M
178.54%24.59M
19.19%2.75M
99.95%3.74M
41.78%3.1M
508.56%15M
0.79%8.83M
-20.54%2.31M
-27.01%1.87M
27.89%2.18M
Operating revenue
-81.09%2.83M
181.23%24.42M
17.38%2.71M
98.02%3.7M
43.85%3.05M
541.66%14.96M
-0.32%8.68M
-26.62%2.31M
-24.29%1.87M
32.98%2.12M
Cost of revenue
-7.47%1.04M
31.16%4.28M
15.79%968K
29.38%1.07M
40.75%1.12M
39.45%1.12M
-21.08%3.26M
-10.97%836K
-19.94%827K
-20.66%795K
Gross profit
-86.90%1.82M
265.02%20.31M
21.11%1.78M
155.90%2.67M
42.36%1.98M
736.47%13.88M
20.36%5.56M
-25.11%1.47M
-31.79%1.04M
96.88%1.39M
Operating expense
124.67%56.55M
45.77%120.67M
68.73%36.62M
40.25%30.41M
40.79%28.48M
31.25%25.17M
-2.80%82.79M
17.27%21.71M
8.74%21.68M
-6.41%20.23M
Selling and administrative expenses
106.67%30.75M
47.29%69.94M
91.97%22.95M
25.51%16.33M
32.95%15.78M
39.72%14.88M
0.41%47.49M
13.27%11.95M
24.19%13.01M
-1.59%11.87M
-Selling and marketing expense
51.34%10.48M
90.88%28.75M
115.60%8.25M
85.15%6.95M
50.72%6.63M
124.48%6.92M
46.59%15.06M
58.53%3.83M
51.66%3.75M
76.89%4.4M
-General and administrative expense
154.81%20.28M
27.03%41.19M
80.84%14.7M
1.34%9.38M
22.49%9.15M
5.17%7.96M
-12.41%32.42M
-0.16%8.13M
15.69%9.26M
-21.98%7.47M
Research and development costs
150.71%25.79M
43.72%50.73M
40.25%13.68M
62.38%14.08M
51.93%12.69M
20.68%10.29M
-6.81%35.3M
22.57%9.75M
-8.36%8.67M
-12.49%8.36M
Operating profit
-384.70%-54.73M
-29.97%-100.37M
-72.20%-34.84M
-34.41%-27.74M
-40.68%-26.5M
35.54%-11.29M
4.13%-77.22M
-22.31%-20.23M
-12.11%-20.64M
9.89%-18.84M
Net non-operating interest income expense
92.34%5.53M
1,031.08%20.1M
1,469.64%20.74M
82.97%-201K
82.24%-206K
352.02%2.87M
-0.19%-2.16M
-25.99%1.32M
32.95%-1.18M
41.06%-1.16M
Non-operating interest income
86.67%5.79M
1,287.51%24.12M
----
----
----
--3.1M
--1.74M
----
----
----
Non-operating interest expense
14.60%259K
2.98%4.01M
710.55%3.38M
-82.97%201K
-82.24%206K
-80.18%226K
10,432.43%3.9M
123.36%417K
14.01%1.18M
101.74%1.16M
Other net income (expense)
-20.19%2.39M
-326.06%-274.8M
57.98%-28.22M
-12,405.47%-112.05M
-6,431.43%-140.62M
122.99%3M
-460,592.86%-64.5M
-5,243.36%-67.17M
-122.06%-896K
167.02%2.22M
Gain on sale of security
-52.32%1.88M
-305.54%-270.7M
83.03%-11.59M
-25,956.62%-121.01M
-7,069.97%-142.05M
497.48%3.94M
-25,577.10%-66.75M
-20,118.77%-68.26M
-67.34%468K
194.79%2.04M
Other non- operating income (expenses)
154.12%512K
-281.85%-4.1M
-1,615.21%-16.64M
756.89%8.96M
679.78%1.43M
-140.50%-946K
916.30%2.25M
168.71%1.1M
-151.90%-1.36M
115.72%183K
Income before tax
-763.48%-46.81M
-146.78%-355.06M
50.83%-42.33M
-516.35%-139.99M
-841.21%-167.33M
68.69%-5.42M
-73.95%-143.88M
-437.51%-86.08M
-41.02%-22.71M
32.12%-17.78M
Income tax
-28.45M
0
Net income
-238.63%-18.36M
-146.78%-355.06M
50.83%-42.33M
-516.35%-139.99M
-841.21%-167.33M
68.69%-5.42M
-73.95%-143.88M
-437.51%-86.08M
-41.02%-22.71M
32.12%-17.78M
Net income continuous Operations
-238.63%-18.36M
-146.78%-355.06M
50.83%-42.33M
-516.35%-139.99M
-841.21%-167.33M
68.69%-5.42M
-73.95%-143.88M
-437.51%-86.08M
-41.02%-22.71M
32.12%-17.78M
Minority interest income
Net income attributable to the parent company
-238.63%-18.36M
-146.78%-355.06M
50.83%-42.33M
-516.35%-139.99M
-841.21%-167.33M
68.69%-5.42M
-73.95%-143.88M
-437.51%-86.08M
-41.02%-22.71M
32.12%-17.78M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders
-238.63%-18.36M
-146.78%-355.06M
50.83%-42.33M
-516.35%-139.99M
-841.21%-167.33M
68.69%-5.42M
-73.95%-143.88M
-437.51%-86.08M
-41.02%-22.71M
32.12%-17.78M
Basic earnings per share
-150.00%-0.05
-48.00%-1.11
67.57%-0.12
-272.73%-0.41
-450.00%-0.55
81.82%-0.02
-25.00%-0.75
-270.00%-0.37
8.33%-0.11
52.38%-0.1
Diluted earnings per share
-150.00%-0.05
-48.00%-1.11
67.57%-0.12
-272.73%-0.41
-450.00%-0.55
81.82%-0.02
-25.00%-0.75
-270.00%-0.37
8.33%-0.11
52.38%-0.1
Dividend per share
Currency Unit
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
--
Unqualified Opinion
--
--
--
--
Unqualified Opinion
--
--
--
(Q1)Mar 31, 2026(FY)Dec 31, 2025(Q4)Dec 31, 2025(Q3)Sep 30, 2025(Q2)Jun 30, 2025(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q4)Dec 31, 2024(Q3)Sep 30, 2024(Q2)Jun 30, 2024
Total revenue -80.95%2.86M178.54%24.59M19.19%2.75M99.95%3.74M41.78%3.1M508.56%15M0.79%8.83M-20.54%2.31M-27.01%1.87M27.89%2.18M
Operating revenue -81.09%2.83M181.23%24.42M17.38%2.71M98.02%3.7M43.85%3.05M541.66%14.96M-0.32%8.68M-26.62%2.31M-24.29%1.87M32.98%2.12M
Cost of revenue -7.47%1.04M31.16%4.28M15.79%968K29.38%1.07M40.75%1.12M39.45%1.12M-21.08%3.26M-10.97%836K-19.94%827K-20.66%795K
Gross profit -86.90%1.82M265.02%20.31M21.11%1.78M155.90%2.67M42.36%1.98M736.47%13.88M20.36%5.56M-25.11%1.47M-31.79%1.04M96.88%1.39M
Operating expense 124.67%56.55M45.77%120.67M68.73%36.62M40.25%30.41M40.79%28.48M31.25%25.17M-2.80%82.79M17.27%21.71M8.74%21.68M-6.41%20.23M
Selling and administrative expenses 106.67%30.75M47.29%69.94M91.97%22.95M25.51%16.33M32.95%15.78M39.72%14.88M0.41%47.49M13.27%11.95M24.19%13.01M-1.59%11.87M
-Selling and marketing expense 51.34%10.48M90.88%28.75M115.60%8.25M85.15%6.95M50.72%6.63M124.48%6.92M46.59%15.06M58.53%3.83M51.66%3.75M76.89%4.4M
-General and administrative expense 154.81%20.28M27.03%41.19M80.84%14.7M1.34%9.38M22.49%9.15M5.17%7.96M-12.41%32.42M-0.16%8.13M15.69%9.26M-21.98%7.47M
Research and development costs 150.71%25.79M43.72%50.73M40.25%13.68M62.38%14.08M51.93%12.69M20.68%10.29M-6.81%35.3M22.57%9.75M-8.36%8.67M-12.49%8.36M
Operating profit -384.70%-54.73M-29.97%-100.37M-72.20%-34.84M-34.41%-27.74M-40.68%-26.5M35.54%-11.29M4.13%-77.22M-22.31%-20.23M-12.11%-20.64M9.89%-18.84M
Net non-operating interest income expense 92.34%5.53M1,031.08%20.1M1,469.64%20.74M82.97%-201K82.24%-206K352.02%2.87M-0.19%-2.16M-25.99%1.32M32.95%-1.18M41.06%-1.16M
Non-operating interest income 86.67%5.79M1,287.51%24.12M--------------3.1M--1.74M------------
Non-operating interest expense 14.60%259K2.98%4.01M710.55%3.38M-82.97%201K-82.24%206K-80.18%226K10,432.43%3.9M123.36%417K14.01%1.18M101.74%1.16M
Other net income (expense) -20.19%2.39M-326.06%-274.8M57.98%-28.22M-12,405.47%-112.05M-6,431.43%-140.62M122.99%3M-460,592.86%-64.5M-5,243.36%-67.17M-122.06%-896K167.02%2.22M
Gain on sale of security -52.32%1.88M-305.54%-270.7M83.03%-11.59M-25,956.62%-121.01M-7,069.97%-142.05M497.48%3.94M-25,577.10%-66.75M-20,118.77%-68.26M-67.34%468K194.79%2.04M
Other non- operating income (expenses) 154.12%512K-281.85%-4.1M-1,615.21%-16.64M756.89%8.96M679.78%1.43M-140.50%-946K916.30%2.25M168.71%1.1M-151.90%-1.36M115.72%183K
Income before tax -763.48%-46.81M-146.78%-355.06M50.83%-42.33M-516.35%-139.99M-841.21%-167.33M68.69%-5.42M-73.95%-143.88M-437.51%-86.08M-41.02%-22.71M32.12%-17.78M
Income tax -28.45M0
Net income -238.63%-18.36M-146.78%-355.06M50.83%-42.33M-516.35%-139.99M-841.21%-167.33M68.69%-5.42M-73.95%-143.88M-437.51%-86.08M-41.02%-22.71M32.12%-17.78M
Net income continuous Operations -238.63%-18.36M-146.78%-355.06M50.83%-42.33M-516.35%-139.99M-841.21%-167.33M68.69%-5.42M-73.95%-143.88M-437.51%-86.08M-41.02%-22.71M32.12%-17.78M
Minority interest income
Net income attributable to the parent company -238.63%-18.36M-146.78%-355.06M50.83%-42.33M-516.35%-139.99M-841.21%-167.33M68.69%-5.42M-73.95%-143.88M-437.51%-86.08M-41.02%-22.71M32.12%-17.78M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders -238.63%-18.36M-146.78%-355.06M50.83%-42.33M-516.35%-139.99M-841.21%-167.33M68.69%-5.42M-73.95%-143.88M-437.51%-86.08M-41.02%-22.71M32.12%-17.78M
Basic earnings per share -150.00%-0.05-48.00%-1.1167.57%-0.12-272.73%-0.41-450.00%-0.5581.82%-0.02-25.00%-0.75-270.00%-0.378.33%-0.1152.38%-0.1
Diluted earnings per share -150.00%-0.05-48.00%-1.1167.57%-0.12-272.73%-0.41-450.00%-0.5581.82%-0.02-25.00%-0.75-270.00%-0.378.33%-0.1152.38%-0.1
Dividend per share
Currency Unit USDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions --Unqualified Opinion--------Unqualified Opinion------
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