QBTS
QBTS
NYSE · Technology

D-Wave Quantum Inc

$20.76
+1.36 (+6.98%)
As of Aug 7, 9:48 PM ET ·
Financial Highlights (FY 2026)
Revenue
28.18M
Net Income
-407,225,233
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 28.18M 18.69M 1.78B 1.71B
Gross Profit 23.28M 15.44M 1.21B 1.16B
Operating Income -115,045,842 -68,670,419 323.16M 283.14M
Net Income -407,225,233 -243,071,169 228.16M 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 134.85M 134.85M 2.01B 1.98B
Total Equity 3.20B 3.20B 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 -113,318,691 -71,397,238 488.90M 437.03M
Free Cash Flow 252.79M 244.73M