D-Wave Quantum (QBTS) Net Income (2021 - 2026)

D-Wave Quantum has reported Net Income for 6 years, with the latest figure at -$18.4 million in Q1 2026.

• Quarterly Net Income fell 238.63% year-over-year to -$18.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$339.3 million (down 397.1% YoY) and the FY2025 annual result came in at -$232.5 million, down 13.63% from the prior year.
• Net Income rose to -$18.4 million in Q1 2026 per QBTS's latest filing, from -$38.8 million in the prior quarter.
• Over five years, Net Income peaked at -$5.4 million in Q1 2025 and troughed at -$167.8 million in Q3 2025.
• A 5-year average of -$40.2 million and a median of -$21.1 million in 2023 frame the typical range for Net Income.
• The sharpest annual moves came in 2022 and 2023: Net Income plunged 1125.48% in 2022, then surged 84.32% in 2023.
• Over 5 years, Net Income stood at -$18.9 million in 2022, then gained by 18.92% to -$15.3 million in 2023, then declined by 29.22% to -$19.8 million in 2024, then slumped by 95.91% to -$38.8 million in 2025, then jumped by 52.74% to -$18.4 million in 2026.
• According to Business Quant data, Net Income over the past three periods registered -$18.4 million, -$38.8 million, and -$167.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.