4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
D-Wave Quantum Inc. (QBTS) operates in the Computer Hardware industry and is headquartered in Palo Alto, United States with about 382 employees. Its market capitalization is roughly $8 billion. In the fiscal year ended 2025-12-31, QBTS reported $25M in revenue and ($355M) in net income.
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide.
Interactive charts & full statements → Open the QBTS valuation workbench →
| Income statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Total Revenue | $25M | $9M | $9M | $7M | — |
| Gross Profit | $20M | $6M | $5M | $4M | — |
| Operating Income (EBIT) | ($100M) | ($77M) | ($80M) | ($60M) | — |
| Net Income | ($355M) | ($144M) | ($83M) | ($54M) | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|---|
| Total Revenue | $3M | $3M | $4M | $3M | $15M |
| Gross Profit | $2M | $2M | $3M | $2M | $14M |
| Operating Income (EBIT) | ($55M) | ($35M) | ($28M) | ($26M) | ($11M) |
| Net Income | ($18M) | ($42M) | ($140M) | ($167M) | ($5M) |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Dividends Paid | — | — | $0M | $0M | $0M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Total Assets | $916M | $200M | $59M | $27M | — |
| Total Liabilities | $64M | $137M | $84M | $56M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive QBTS viewer.
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