QBTS
QBTS
NYSE · Technology

D-Wave Quantum Inc

$24.47
-0.22 (-0.89%)
Financial Highlights (FY 2026)
Revenue
28.34M
Net Income
-409,490,079
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 28.34M 18.79M 1.78B 1.71B
Gross Profit 23.41M 15.52M 1.21B 1.16B
Operating Income -115,685,686 -69,052,339 323.16M 283.14M
Net Income -409,490,079 -244,423,047 228.16M 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 185.17M 185.17M 2.01B 1.98B
Total Equity 4.39B 4.39B 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 -113,948,931 -71,794,325 488.90M 437.03M
Free Cash Flow 252.79M 244.73M