D-Wave Quantum (QBTS) Operating Income (2021 - 2026)
D-Wave Quantum (QBTS) recorded Operating Income of -$53.28 million in Q2 2026, compared with -$26.5 million a year earlier.
Powered by 
Analysis
D-Wave Quantum (QBTS) Operating Income (2021 - 2026) Analysis & Trends
On a TTM basis, D-Wave Quantum's Operating Income came in at -$170.58 million as of Jun 30, 2026; for FY2025, it came in at -$100.37 million.
- Across earlier years, Operating Income came in at -$77.22 million in FY2024, -$80.55 million in FY2023, -$59.46 million in FY2022 and -$38.95 million in FY2021.
- Quarterly Operating Income has ranged from -$54.73 million in Q1 2026 to -$9.79 million in Q3 2021 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$54.73 million (Q1 2026), -$34.84 million (Q4 2025) and -$27.74 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | 172.00 Mn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | -33.23 Mn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | 689.30 Mn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | -262.97 Mn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 5.46 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | 107.00 Mn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | - |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | 46.78 Mn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | 28.40 Mn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | -53.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -53.28 Mn |
| Mar 31, 2026 | -54.73 Mn |
| Dec 31, 2025 | -34.84 Mn |
| Sep 30, 2025 | -27.74 Mn |
| Jun 30, 2025 | -26.50 Mn |
| Mar 31, 2025 | -11.29 Mn |
| Dec 31, 2024 | -20.23 Mn |
| Sep 30, 2024 | -20.64 Mn |
| Jun 30, 2024 | -18.84 Mn |
| Mar 31, 2024 | -17.52 Mn |
| Dec 31, 2023 | -16.54 Mn |
| Sep 30, 2023 | -18.41 Mn |
| Jun 30, 2023 | -20.91 Mn |
| Mar 31, 2023 | -24.69 Mn |
| Dec 31, 2022 | -21.03 Mn |
| Sep 30, 2022 | -15.16 Mn |
| Jun 30, 2022 | -12.40 Mn |
| Mar 31, 2022 | -10.95 Mn |
| Dec 31, 2021 | -10.85 Mn |
| Sep 30, 2021 | -9.79 Mn |
API Access
D-Wave Quantum Operating 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=operating-income&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-income&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();