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D-Wave Quantum (QBTS)

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  • 14.250
  • +0.380+2.74%
Close Apr 10 15:59 ET
  • 14.240
  • -0.010-0.07%
Post 20:01 ET
5.23BMarket Cap-12.84P/E (TTM)

D-Wave Quantum (QBTS) Income Statement

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(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
(Q1)Mar 31, 2024
Total revenue
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
55.72%2.47M
Operating revenue
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
59.55%2.33M
Cost of revenue
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
-30.64%806K
Gross profit
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
294.06%1.66M
Operating expense
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
-23.64%19.18M
Selling and administrative expenses
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
-24.98%10.65M
-Selling and marketing expense
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
6.34%3.08M
-General and administrative expense
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
-33.02%7.57M
Research and development costs
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
-21.90%8.53M
Operating profit
-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
29.06%-17.52M
Net non-operating interest income expense
1,031.08%20.1M
1,469.64%20.74M
82.97%-201K
82.24%-206K
80.18%-226K
-0.19%-2.16M
-25.99%1.32M
32.95%-1.18M
41.06%-1.16M
-437.74%-1.14M
Non-operating interest income
1,287.51%24.12M
----
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--1.74M
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Non-operating interest expense
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
437.74%1.14M
Other net income (expense)
-326.06%-274.8M
57.98%-28.22M
-12,405.47%-112.05M
-6,431.43%-140.62M
353.57%6.1M
-460,592.86%-64.5M
-5,243.36%-67.17M
-122.06%-896K
167.02%2.22M
170.97%1.34M
Gain on sale of security
-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
-255.49%-992K
Other non- operating income (expenses)
-281.85%-4.1M
-1,615.21%-16.64M
756.89%8.96M
679.78%1.43M
-7.83%2.15M
916.30%2.25M
168.71%1.1M
-151.90%-1.36M
115.72%183K
1,745.07%2.34M
Income before tax
-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
29.07%-17.31M
Income tax
Net income
-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
29.07%-17.31M
Net income continuous Operations
-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
29.07%-17.31M
Minority interest income
Net income attributable to the parent company
-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
29.07%-17.31M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders
-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
29.07%-17.31M
Basic earnings per share
-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
45.00%-0.11
Diluted earnings per share
-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
45.00%-0.11
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
--
--
--
--
(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(Q1)Mar 31, 2024
Total revenue 178.54%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%2.18M55.72%2.47M
Operating revenue 181.23%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%2.12M59.55%2.33M
Cost of revenue 31.16%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-30.64%806K
Gross profit 265.02%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%1.39M294.06%1.66M
Operating expense 45.77%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-23.64%19.18M
Selling and administrative expenses 47.29%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-24.98%10.65M
-Selling and marketing expense 90.88%28.75M115.60%8.25M85.15%6.95M50.72%6.63M124.48%6.92M46.59%15.06M58.53%3.83M51.66%3.75M76.89%4.4M6.34%3.08M
-General and administrative expense 27.03%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-33.02%7.57M
Research and development costs 43.72%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-21.90%8.53M
Operating profit -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%-18.84M29.06%-17.52M
Net non-operating interest income expense 1,031.08%20.1M1,469.64%20.74M82.97%-201K82.24%-206K80.18%-226K-0.19%-2.16M-25.99%1.32M32.95%-1.18M41.06%-1.16M-437.74%-1.14M
Non-operating interest income 1,287.51%24.12M------------------1.74M----------------
Non-operating interest expense 2.98%4.01M710.55%3.38M-82.97%201K-82.24%206K-80.18%226K10,432.43%3.9M123.36%417K14.01%1.18M101.74%1.16M437.74%1.14M
Other net income (expense) -326.06%-274.8M57.98%-28.22M-12,405.47%-112.05M-6,431.43%-140.62M353.57%6.1M-460,592.86%-64.5M-5,243.36%-67.17M-122.06%-896K167.02%2.22M170.97%1.34M
Gain on sale of security -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-255.49%-992K
Other non- operating income (expenses) -281.85%-4.1M-1,615.21%-16.64M756.89%8.96M679.78%1.43M-7.83%2.15M916.30%2.25M168.71%1.1M-151.90%-1.36M115.72%183K1,745.07%2.34M
Income before tax -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%-17.78M29.07%-17.31M
Income tax
Net income -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%-17.78M29.07%-17.31M
Net income continuous Operations -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%-17.78M29.07%-17.31M
Minority interest income
Net income attributable to the parent company -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%-17.78M29.07%-17.31M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders -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%-17.78M29.07%-17.31M
Basic earnings per share -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%-0.145.00%-0.11
Diluted earnings per share -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%-0.145.00%-0.11
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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