D-Wave Quantum Inc.
QBTS | NASDAQ
$10.88
+$0.23 (+2.16%)
Nov 2, 2026, 10:37 AM ET · Market open
TTM Period Ending | Q2 2026 Jun 30, 2026 | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 | Q2 2024 Jun 30, 2024 | Q1 2024 Mar 31, 2024 | Q4 2023 Dec 31, 2023 | Q3 2023 Sep 30, 2023 | Q2 2023 Jun 30, 2023 | Q1 2023 Mar 31, 2023 | Q4 2022 Dec 31, 2022 | Q3 2022 Sep 30, 2022 | Q2 2022 Jun 30, 2022 | Q1 2022 Mar 31, 2022 | Q4 2021 Dec 31, 2021 | Q3 2021 Sep 30, 2021 | Q2 2021 Jun 30, 2021 | Q1 2021 Mar 31, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 12.43M | 12.44M | 24.59M | 24.14M | 22.28M | 21.36M | 8.83M | 9.42M | 10.12M | 9.64M | 8.76M | 8.25M | 7.38M | 7.04M | 7.17M | 7.21M | 6.82M | 6.58M | 6.28M | 3.85M | 2.55M | 1.41M |
Cost of Revenue | 4.45M | 4.2M | 4.28M | 4.15M | 3.91M | 3.58M | 3.26M | 3.37M | 3.57M | 3.78M | 4.14M | 4.34M | 3.96M | 3.58M | 3.04M | 2.77M | 2.42M | 2.25M | 1.93M | 1.05M | 746K | 298K |
Gross Profit | 7.98M | 8.25M | 20.31M | 20M | 18.37M | 17.78M | 5.56M | 6.06M | 6.54M | 5.86M | 4.62M | 3.91M | 3.42M | 3.46M | 4.14M | 4.44M | 4.4M | 4.34M | 4.35M | 2.8M | 1.8M | 1.11M |
Operating Income | -170.58M | -143.8M | -100.37M | -85.76M | -78.66M | -71M | -77.22M | -73.53M | -71.3M | -73.37M | -80.55M | -85.56M | -82.32M | -73.82M | -60.08M | -49.37M | -44M | -40.93M | -38.95M | -28.09M | -18.3M | -8.96M |
Interest Income | 13.15M | 8.12M | 8.12M | n/a | n/a | n/a | n/a | 1.79M | 1.79M | 1.79M | 1.79M | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Pretax Income | -277.14M | -396.45M | -355.06M | -398.81M | -281.54M | -131.99M | -143.88M | -74.18M | -67.58M | -75.99M | -83.08M | -80.36M | -75.91M | -62.01M | -49.16M | -49.34M | -41.9M | -34.27M | -31.54M | -17.7M | -13.49M | -8.83M |
Net Income | -248.7M | -368M | -355.06M | -398.81M | -281.54M | -131.99M | -143.88M | -74.18M | -67.58M | -75.99M | -83.08M | -80.36M | -75.91M | -62.01M | -49.16M | -49.34M | -41.9M | -34.27M | -31.54M | -17.7M | -13.49M | -8.83M |
Selling & General & Admin | 96.77M | 85.81M | 69.94M | 58.95M | 55.63M | 51.72M | 47.49M | 46.09M | 43.55M | 43.74M | 47.29M | 48.38M | 46.6M | 40.23M | 31.28M | 25.91M | 21.69M | 19.73M | 18.08M | 11.81M | 7.33M | 3.59M |
Research & Development | 81.78M | 66.24M | 50.73M | 46.81M | 41.4M | 37.06M | 35.3M | 33.5M | 34.3M | 35.49M | 37.88M | 41.09M | 39.14M | 37.05M | 32.93M | 27.9M | 26.7M | 25.54M | 25.22M | 19.09M | 12.78M | 6.48M |
Other Expenses | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Operating Expenses | 178.56M | 152.05M | 120.67M | 105.76M | 97.03M | 88.78M | 82.79M | 79.59M | 77.85M | 79.23M | 85.17M | 89.47M | 85.74M | 77.28M | 64.22M | 53.81M | 48.4M | 45.27M | 43.3M | 30.89M | 20.1M | 10.08M |
Interest Expense | 9.62M | 9.57M | 4.01M | 1.05M | 2.03M | 2.98M | 3.9M | 3.48M | 4.06M | 4.87M | 3.94M | 4.54M | 3.41M | 2.48M | 2.34M | 2.88M | 2.45M | 1.61M | 1.73M | 589K | 384K | 177K |
Selling & Marketing Expenses | 37.03M | 32.31M | 28.75M | 24.33M | 21.14M | 18.9M | 15.06M | 13.65M | 12.37M | 10.46M | 10.28M | 12.49M | 12.79M | 12.04M | 10.74M | 8.32M | 7.22M | 6.71M | 6.18M | 3.98M | 2.3M | 1.07M |
Cost & Expenses | 183.01M | 156.25M | 124.96M | 109.91M | 100.94M | 92.36M | 86.05M | 82.96M | 81.42M | 83.01M | 89.3M | 93.81M | 89.7M | 80.86M | 67.25M | 56.58M | 50.82M | 47.52M | 45.23M | 31.95M | 20.85M | 10.37M |
Income Tax Expense | -28.44M | -28.45M | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Shares Outstanding (Basic) | 370.84M | 367.47M | 352.93M | 341.43M | 294.4M | 286.42M | 233M | 201.59M | 172.14M | 161.31M | 158.87M | 133.22M | 127.34M | 123.14M | 117.95M | 116.26M | 109.74M | 109.74M | 125.38M | 109.74M | 109.74M | 109.74M |
Shares Outstanding (Diluted) | 370.84M | 367.47M | 352.93M | 342.2M | 294.4M | 286.42M | 233M | 201.59M | 172.14M | 161.31M | 158.87M | 133.22M | 127.34M | 123.14M | 117.95M | 116.26M | 109.74M | 109.74M | 125.38M | 109.74M | 109.74M | 109.74M |
EPS (Basic) | -0.71 | -1.15 | -1.12 | -1.37 | -1.07 | -0.60 | -0.69 | -0.42 | -0.43 | -0.53 | -0.62 | -0.64 | -0.61 | -0.54 | -0.45 | -0.44 | -0.39 | -0.30 | -0.27 | -0.16 | -0.12 | -0.08 |
EPS (Diluted) | -0.71 | -1.15 | -1.12 | -1.37 | -1.07 | -0.60 | -0.69 | -0.42 | -0.43 | -0.53 | -0.62 | -0.64 | -0.61 | -0.54 | -0.45 | -0.44 | -0.39 | -0.30 | -0.27 | -0.16 | -0.12 | -0.08 |
EBITDA | -259.31M | -386.7M | -348.94M | -395.76M | -277.43M | -126.95M | -138.05M | -71.35M | -64.95M | -73.95M | -81.86M | -75.68M | -71.64M | -57.23M | -44.43M | -44.23M | -36.93M | -30.04M | -27.21M | -15.22M | -11.87M | -8.02M |
EBIT | -273.05M | -392.4M | -351.05M | -397.76M | -279.51M | -129.01M | -139.98M | -73.15M | -66.69M | -75.68M | -83.7M | -77.78M | -73.73M | -59.37M | -46.67M | -46.47M | -39.45M | -32.66M | -29.82M | -17.11M | -13.11M | -8.65M |
Depreciation & Amortization | 13.73M | 5.7M | 2.11M | 2M | 2.08M | 2.06M | 1.93M | 1.8M | 1.74M | 1.73M | 1.85M | 2.11M | 2.09M | 2.14M | 2.24M | 2.23M | 2.52M | 2.61M | 2.6M | 1.9M | 1.24M | 627K |
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