Growth Metrics

D-Wave Quantum (QBTS) Operating Income (2021 - 2025)

Historic Operating Income for Wave Quantum (QBTS) over the last 5 years, with Q3 2025 value amounting to -$27.7 million.

  • Wave Quantum's Operating Income fell 3440.59% to -$27.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$85.8 million, marking a year-over-year decrease of 1662.93%. This contributed to the annual value of -$77.2 million for FY2024, which is 412.56% up from last year.
  • Per Wave Quantum's latest filing, its Operating Income stood at -$27.7 million for Q3 2025, which was down 3440.59% from -$26.5 million recorded in Q2 2025.
  • In the past 5 years, Wave Quantum's Operating Income registered a high of -$9.3 million during Q2 2021, and its lowest value of -$27.7 million during Q3 2025.
  • For the 5-year period, Wave Quantum's Operating Income averaged around -$17.4 million, with its median value being -$18.0 million (2023).
  • In the last 5 years, Wave Quantum's Operating Income plummeted by 12545.89% in 2023 and then skyrocketed by 3553.89% in 2025.
  • Quarter analysis of 5 years shows Wave Quantum's Operating Income stood at -$10.9 million in 2021, then tumbled by 93.76% to -$21.0 million in 2022, then increased by 21.34% to -$16.5 million in 2023, then decreased by 22.31% to -$20.2 million in 2024, then tumbled by 37.09% to -$27.7 million in 2025.
  • Its Operating Income was -$27.7 million in Q3 2025, compared to -$26.5 million in Q2 2025 and -$11.3 million in Q1 2025.