QBTS
QBTS
NYSE · Technology

D-Wave Quantum Inc

$15.93
-0.38 (-2.33%)
As of Mar 24, 9:48 PM ET ·
Financial Highlights (FY 2026)
Revenue
28.96M
Net Income
-418,520,771
Gross Margin
82.6%
Profit Margin
-1,444.1%
Rev Growth
+50.8%
D/E Ratio
0.49
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 82.6% 82.6% 67.9% 67.9%
Operating Margin -408.2% -367.4% 18.2% 16.5%
Profit Margin -1,444.1% -1,371.9% 12.8% 11.6%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 28.96M 19.21M 1.78B 1.71B
Gross Profit 23.92M 15.87M 1.21B 1.16B
Operating Income -118,236,963 -70,575,186 323.16M 283.14M
Net Income -418,520,771 -249,813,432 228.16M 197.93M
Gross Margin 82.6% 82.6% 67.9% 67.9%
Operating Margin -408.2% -367.4% 18.2% 16.5%
Profit Margin -1,444.1% -1,371.9% 12.8% 11.6%
Rev Growth +50.8% +50.8% +12.2% -9.6%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 974.57M 974.57M 2.01B 1.98B
Total Equity 2.00B 2.00B 3.08B 3.34B
D/E Ratio 0.49 0.49 0.65 0.59
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA -440,177,536 -277,336,953 488.90M 437.03M
Free Cash Flow 252.79M 244.73M