QBTS
QBTS
NYSE · Technology

D-Wave Quantum Inc

$17.56
-0.14 (-0.79%)
As of Sep 22, 9:48 PM ET ·
Financial Highlights (FY 2026)
Revenue
28.74M
Net Income
-415,222,157
Gross Margin
82.6%
Profit Margin
-1,444.1%
Rev Growth
+50.8%
D/E Ratio
0.04
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 28.74M 19.06M 1.78B 1.71B
Gross Profit 23.73M 15.74M 1.21B 1.16B
Operating Income -117,305,066 -70,018,941 323.16M 283.14M
Net Income -415,222,157 -247,844,502 228.16M 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 130.12M 130.12M 2.01B 1.98B
Total Equity 3.08B 3.08B 3.08B 3.34B
D/E Ratio 0.04 0.04 0.65 0.59
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA -115,543,998 -72,799,308 488.90M 437.03M
Free Cash Flow 252.79M 244.73M