D-Wave Quantum Inc. (BIT:1QBTS)
23.38
-0.61 (-2.54%)
At close: Dec 5, 2025
D-Wave Quantum Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 24.14 | 8.83 | 8.76 | 7.17 | 6.28 | 5.16 |
| Revenue Growth (YoY) | 156.20% | 0.79% | 22.10% | 14.24% | 21.69% | - |
| Cost of Revenue | 4.15 | 3.26 | 4.14 | 2.92 | 1.75 | 0.92 |
| Gross Profit | 20 | 5.56 | 4.62 | 4.25 | 4.53 | 4.25 |
| Selling, General & Admin | 58.95 | 47.49 | 47.29 | 31.61 | 18.34 | 15.57 |
| Research & Development | 46.81 | 35.3 | 37.88 | 32.1 | 25.13 | 20.14 |
| Operating Expenses | 105.76 | 82.79 | 85.17 | 63.71 | 43.48 | 35.71 |
| Operating Income | -85.76 | -77.22 | -80.55 | -59.46 | -38.95 | -31.47 |
| Interest Expense | -1.05 | -3.9 | -2.16 | -2.34 | -1.73 | -5.26 |
| Currency Exchange Gain (Loss) | - | - | - | - | 0.6 | 0.6 |
| Other Non Operating Income (Expenses) | -312.84 | -63.61 | -0.65 | 8.09 | 7.37 | 22.23 |
| EBT Excluding Unusual Items | -399.65 | -144.73 | -83.36 | -53.7 | -32.71 | -13.89 |
| Gain (Loss) on Sale of Investments | 0.85 | 1.5 | - | - | 1.16 | - |
| Other Unusual Items | -0.01 | -0.65 | 0.64 | - | - | 3.87 |
| Pretax Income | -398.81 | -143.88 | -82.72 | -53.7 | -31.55 | -10.02 |
| Net Income | -398.81 | -143.88 | -82.72 | -53.7 | -31.55 | -10.02 |
| Net Income to Common | -398.81 | -143.88 | -82.72 | -53.7 | -31.55 | -10.02 |
| Shares Outstanding (Basic) | 291 | 192 | 138 | 120 | 3 | - |
| Shares Outstanding (Diluted) | 291 | 192 | 138 | 120 | 3 | - |
| Shares Change (YoY) | 68.07% | 39.23% | 15.33% | 3678.01% | - | - |
| EPS (Basic) | -1.37 | -0.75 | -0.60 | -0.45 | -9.96 | - |
| EPS (Diluted) | -1.37 | -0.75 | -0.60 | -0.45 | -9.96 | - |
| Free Cash Flow | -54.75 | -44.75 | -61.23 | -45.65 | -36.57 | -30.02 |
| Free Cash Flow Per Share | -0.19 | -0.23 | -0.44 | -0.38 | -11.55 | - |
| Gross Margin | 82.82% | 63.02% | 52.78% | 59.25% | 72.13% | 82.27% |
| Operating Margin | -355.21% | -874.85% | -919.68% | -828.91% | -620.29% | -609.83% |
| Profit Margin | -1651.81% | -1629.99% | -944.45% | -748.67% | -502.39% | -194.17% |
| Free Cash Flow Margin | -226.75% | -506.96% | -699.15% | -636.40% | -582.48% | -581.84% |
| EBITDA | -84.36 | -76.11 | -79.49 | -58.04 | -37.41 | -29.58 |
| D&A For EBITDA | 1.4 | 1.11 | 1.05 | 1.42 | 1.53 | 1.89 |
| EBIT | -85.76 | -77.22 | -80.55 | -59.46 | -38.95 | -31.47 |
Source: S&P Capital IQ. Standard template. Financial Sources.