D-Wave Quantum (QBTS) Net Income (2021 - 2026)
D-Wave Quantum (QBTS) reported Net Income of -$48.03 million for Q2 2026, compared with -$167.33 million a year earlier.
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Analysis
D-Wave Quantum (QBTS) Net Income (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, D-Wave Quantum's Net Income came in at -$248.7 million; for FY2025, it was -$355.06 million.
- By year, Net Income came in at -$143.88 million in FY2024, -$82.72 million in FY2023, -$53.7 million in FY2022 and -$41 million in FY2021.
- Five-year quarterly Net Income spans a low of -$167.33 million in Q2 2025 and a high of -$4.21 million in Q3 2021.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$18.36 million (Q1 2026), -$42.33 million (Q4 2025) and -$139.99 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | -282.00 Mn |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | 5.31 Mn |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | -191.72 Mn |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 635.50 Mn |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 118.32 Mn |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | -3.37 Mn |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | 116.00 Mn |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | 29.43 Mn |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | 40.94 Mn |
| 10 | D-Wave Quantum | 3.96 Bn | 1.10 Bn | 1.70 Mn | -48.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -48.03 Mn |
| Mar 31, 2026 | -18.36 Mn |
| Dec 31, 2025 | -42.33 Mn |
| Sep 30, 2025 | -139.99 Mn |
| Jun 30, 2025 | -167.33 Mn |
| Mar 31, 2025 | -5.42 Mn |
| Dec 31, 2024 | -86.08 Mn |
| Sep 30, 2024 | -22.71 Mn |
| Jun 30, 2024 | -17.78 Mn |
| Mar 31, 2024 | -17.31 Mn |
| Dec 31, 2023 | -16.01 Mn |
| Sep 30, 2023 | -16.11 Mn |
| Jun 30, 2023 | -26.20 Mn |
| Mar 31, 2023 | -24.41 Mn |
| Dec 31, 2022 | -17.78 Mn |
| Sep 30, 2022 | -11.70 Mn |
| Jun 30, 2022 | -12.30 Mn |
| Mar 31, 2022 | -11.60 Mn |
| Dec 31, 2021 | -23.30 Mn |
| Sep 30, 2021 | -4.21 Mn |
API Access
D-Wave Quantum Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "QBTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();