Also trades as: QBTS-WT (NYSE) · $vol 148M
QBTS NYSE
D-Wave Quantum Inc.
1W: +16.2%
1M: +21.1%
3M: +42.4%
YTD: -8.6%
1Y: +55.3%
3Y: +4388.7%
5Y: +163.8%
$29.38
+3.64 (+14.14%)
Weekly Expected Move ±13.3%
$15
$18
$20
$23
$26
Overview
Chart
Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Supply Chain
Revenue Segmentation
By Product / Service
By Geography
Revenue by Segment (5-Year Trend)
Income Trends
Revenue
$25M
+178.5% ▲
5Y CAGR: +36.7%
Gross Profit
$20M
+265.0% ▲
5Y CAGR: +36.8%
Operating Income
-$100M
-30.0% ▼
Net Income
-$355M
-146.8% ▼
EPS (Diluted)
$-1.11
-48.0% ▼
EBITDA
-$349M
-152.6% ▼
Profit Margins
Year-over-Year Growth
View Full Income Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $6M | $7M | $9M | $9M | $25M |
| YoY Growth | +21.7% | +14.2% | +22.1% | +0.8% | +178.5% |
| Cost of Revenue | $2M | $3M | $4M | $3M | $4M |
| Gross Profit | $5M | $4M | $5M | $6M | $20M |
| Gross Margin | 72.1% | 59.2% | 52.8% | 63.0% | 82.6% |
| R&D Expenses | $25M | $32M | $38M | $35M | $51M |
| SG&A Expenses | $18M | $32M | $47M | $47M | $70M |
| Operating Expenses | $43M | $64M | $85M | $83M | $121M |
| Operating Income | -$39M | -$59M | -$81M | -$77M | -$100M |
| Operating Margin | -620.3% | -828.9% | -919.7% | -874.8% | -408.2% |
| Interest Expense | $4M | $2M | $2M | $4M | $4M |
| Income Before Tax | -$41M | -$54M | -$83M | -$144M | -$355M |
| Tax Expense | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$41M | -$54M | -$83M | -$144M | -$355M |
| Net Margin | -652.5% | -748.7% | -944.5% | -1630.0% | -1444.1% |
| EPS (Diluted) | $-0.33 | $-0.45 | $-0.60 | $-0.75 | $-1.11 |
| EBITDA | -$34M | -$49M | -$81M | -$138M | -$349M |
| Shares Outstanding | 125M | 120M | 138M | 192M | 321M |