D-Wave Quantum (QBTS) Profit After Tax (2021 - 2026)

D-Wave Quantum (QBTS) posted Profit After Tax of -$18.4 million for Q1 2026, up 56.63% sequentially from -$42.3 million in Q4 2025, and down 238.63% YoY from $13.2 million in Q1 2025.

D-Wave Quantum (QBTS) Profit After Tax (2021 - 2026) Analysis & Trends

D-Wave Quantum (QBTS) has 6 years of Profit After Tax data on file, last reported at -$18.4 million in Q1 2026.

  • Quarterly Profit After Tax fell 238.63% year-over-year to -$18.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$368.0 million (down 178.81% YoY) and the FY2025 annual result came in at -$355.1 million, down 146.78% from the prior year.
  • Profit After Tax rose to -$18.4 million in Q1 2026 per QBTS's latest filing, from -$42.3 million in the prior quarter.
  • The five-year high for Profit After Tax was -$5.4 million in Q1 2025, with the low at -$167.3 million in Q2 2025.
  • Average Profit After Tax over 5 years is -$38.4 million, with a median of -$17.8 million recorded in 2022.
  • The widest YoY moves for Profit After Tax: up 68.69% in 2025, down 841.21% in 2025.
  • D-Wave Quantum's Profit After Tax stood at -$17.8 million in 2022, then gained by 10.03% to -$16.0 million in 2023, then slumped by 437.51% to -$86.1 million in 2024, then jumped by 50.83% to -$42.3 million in 2025, then jumped by 56.63% to -$18.4 million in 2026.
  • Business Quant data shows QBTS's Profit After Tax at -$18.4 million in Q1 2026, -$42.3 million in Q4 2025, and -$140.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 3.62 Bn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 3.44 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 1.02 Bn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 3.21 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 748.00 Mn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 24.08 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 450.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 483.39 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 143.46 Mn
10 D-Wave Quantum 8.64 Bn 8.64 Bn 1.82 Mn -18.36 Mn

Historic Data

Download Data
DateValue
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 -16.10 Mn
Jun 30, 2023 -26.20 Mn
Mar 31, 2023 -24.41 Mn
Dec 31, 2022 -17.80 Mn
Sep 30, 2022 -11.65 Mn
Jun 30, 2022 -12.30 Mn
Mar 31, 2022 -11.55 Mn
Dec 31, 2021 -23.27 Mn
Sep 30, 2021 -4.20 Mn
Jun 30, 2021 -4.70 Mn