D-Wave Quantum (QBTS) Gross Profit (2021 - 2026)

D-Wave Quantum has reported Gross Profit for 6 years, with the latest figure at $1.8 million in Q1 2026.

• Quarterly Gross Profit fell 86.9% year-over-year to $1.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.2 million (down 53.62% YoY) and the FY2025 annual result came in at $20.3 million, up 265.02% from the prior year.
• Gross Profit grew to $1.8 million in Q1 2026 per QBTS's latest filing, from $1.8 million in the prior quarter.
• Over five years, Gross Profit peaked at $13.9 million in Q1 2025 and troughed at $421000.0 in Q1 2023.
• A 5-year average of $2.1 million and a median of $1.5 million in 2024 frame the typical range for Gross Profit.
• The sharpest annual moves came in 2025 and 2026: Gross Profit surged 736.47% in 2025, then plunged 86.9% in 2026.
• Over 5 years, Gross Profit stood at $1.3 million in 2022, then jumped by 47.89% to $2.0 million in 2023, then decreased by 25.11% to $1.5 million in 2024, then grew by 21.11% to $1.8 million in 2025, then rose by 1.91% to $1.8 million in 2026.
• According to Business Quant data, Gross Profit over the past three periods registered $1.8 million, $1.8 million, and $2.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.