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Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
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D-Wave Quantum (QBTS) Operating Income (2021 - 2025)

D-Wave Quantum's Operating Income history spans 5 years, with the latest figure at -$34.8 million for Q4 2025.

  • For Q4 2025, Operating Income fell 72.2% year-over-year to -$34.8 million; the TTM value through Dec 2025 reached -$100.4 million, down 29.97%, while the annual FY2025 figure was -$100.4 million, 29.97% down from the prior year.
  • Operating Income for Q4 2025 was -$34.8 million at D-Wave Quantum, down from -$27.7 million in the prior quarter.
  • Across five years, Operating Income topped out at -$9.3 million in Q2 2021 and bottomed at -$34.8 million in Q4 2025.
  • The 5-year median for Operating Income is -$18.4 million (2023), against an average of -$18.3 million.
  • The largest annual shift saw Operating Income tumbled 125.46% in 2023 before it soared 35.54% in 2025.
  • A 5-year view of Operating Income shows it stood at -$10.9 million in 2021, then tumbled by 93.76% to -$21.0 million in 2022, then rose by 21.34% to -$16.5 million in 2023, then dropped by 22.31% to -$20.2 million in 2024, then crashed by 72.2% to -$34.8 million in 2025.
  • Per Business Quant, the three most recent readings for QBTS's Operating Income are -$34.8 million (Q4 2025), -$27.7 million (Q3 2025), and -$26.5 million (Q2 2025).