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D-Wave Quantum Inc. (QBTS) Financial Statements

D-Wave Quantum Inc.
SIC 7374 · SERVICES-COMPUTER PROCESSING & DATA PREPARATION
FIGI BBG0192379X7
XNYS · usd
17.67▲ 1.09 (6.57%)
As of 2026-09-08
Valuation
Market Cap
Enterprise Value
Trailing P/E—
Price / Sales
EV / Revenue
EV / EBITDA
Financial Highlights
Revenue (TTM)
Net Income (TTM)
EBITDA
Diluted EPS (TTM)
EBITDA Margin
Net Debt
Trading Information
Previous Close16.58
Day's Range17.47 – 18.48
52-Week Range12.75 – 46.75
Volume35.6M
Avg Volume16.7M
Share Statistics
Shares Outstanding
Employees388
ExchangeXNYS
Listed2022-08-08
Share count as of August 5, 2026
Loading Income Statement…
Key questions about D-Wave Quantum Inc. (QBTS)
What is D-Wave Quantum Inc.'s Market Cap?
D-Wave Quantum Inc.'s Market Cap is $6.5B, based on as-reported figures from SEC (XBRL) filings.
What is D-Wave Quantum Inc.'s Enterprise Value?
D-Wave Quantum Inc.'s Enterprise Value is $6.0B, based on as-reported figures from SEC (XBRL) filings.
What is D-Wave Quantum Inc.'s Price / Sales?
D-Wave Quantum Inc.'s Price / Sales is 525.1×, based on as-reported figures from SEC (XBRL) filings.
What is D-Wave Quantum Inc.'s EV / Revenue?
D-Wave Quantum Inc.'s EV / Revenue is 484.0×, based on as-reported figures from SEC (XBRL) filings.
What is D-Wave Quantum Inc.'s EV / EBITDA?
D-Wave Quantum Inc.'s EV / EBITDA is n/m, based on as-reported figures from SEC (XBRL) filings.
What is D-Wave Quantum Inc.'s Revenue (TTM)?
D-Wave Quantum Inc.'s Revenue (TTM) is $12.4M, based on as-reported figures from SEC (XBRL) filings.
What is D-Wave Quantum Inc.'s Net Income (TTM)?
D-Wave Quantum Inc.'s Net Income (TTM) is -$248.7M, based on as-reported figures from SEC (XBRL) filings.
What is D-Wave Quantum Inc.'s EBITDA?
D-Wave Quantum Inc.'s EBITDA is -$161.2M, based on as-reported figures from SEC (XBRL) filings.
What is D-Wave Quantum Inc.'s Diluted EPS (TTM)?
D-Wave Quantum Inc.'s Diluted EPS (TTM) is -0.67, based on as-reported figures from SEC (XBRL) filings.
What is D-Wave Quantum Inc.'s EBITDA Margin?
D-Wave Quantum Inc.'s EBITDA Margin is -1297.3%, based on as-reported figures from SEC (XBRL) filings.
Showing the most recent year. Subscribe for full statement history.
Income Statement(in thousands of USD, except per-share data)
Source: Akyla.ai
Line ItemJun 30, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022
Revenue
YoY growth-79.5%+19.2%+99.9%
Cost of revenue
Total gross profit
% of revenue55.4%64.8%71.4%
Operating expenses:
Research and development
General and administrative
Sales and marketing
Total operating expenses
% of revenue1787.5%1330.8%813.2%
Loss from operations
% of revenue-1732.1%-1266.0%-741.8%
Other income (expense), net:
Interest income——
Interest expense
Gain on investment in marketable securities, net
Change in fair value of warrant liabilities
Other income (expense), net
Total other income (expense), net
Loss before income taxes——
Income tax benefit (provision), net——
Net loss
% of revenue-1561.4%-1538.0%-3743.9%
Net loss per share, basic (in usd per share)
Net loss per share, diluted (in usd per share)