QBTS
QBTS
NYSE · Technology

D-Wave Quantum Inc

$22.57
+0.58 (+2.64%)
As of May 9, 1:12 AM ET ·
Financial Highlights (FY 2026)
Revenue
27.61M
Net Income
-398,946,892
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 27.61M 18.31M 1.78B 1.71B
Gross Profit 22.80M 15.12M 1.21B 1.16B
Operating Income -112,707,113 -67,274,440 323.16M 283.14M
Net Income -398,946,892 -238,129,859 228.16M 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 1.33B 1.33B 2.01B 1.98B
Total Equity 2.74B 2.74B 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 -419,590,787 -264,366,127 488.90M 437.03M
Free Cash Flow 252.79M 244.73M