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

D-Wave Quantum's (QBTS) quarterly Profit After Tax came in at -$18.4 million in Q1 2026, down 238.63% year-on-year from $13.2 million in Q1 2025, and up 56.63% quarter-over-quarter from -$42.3 million in Q4 2025.

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

D-Wave Quantum has disclosed Profit After Tax across 6 years of filings, most recently posting -$18.4 million for Q1 2026.

  • Profit After Tax for Q1 2026 came in at -$18.4 million, down 238.63% year-over-year; the trailing twelve-month figure through Mar 2026 was -$368.0 million (down 178.81% YoY), and the FY2025 annual result was -$355.1 million, down 146.78% from the prior year.
  • Profit After Tax came in at -$18.4 million for Q1 2026 at D-Wave Quantum, up from -$42.3 million in the prior quarter.
  • In the past five years, Profit After Tax ranged from a high of -$5.4 million in Q1 2025 to a low of -$167.3 million in Q2 2025.
  • The 5-year median for Profit After Tax is -$17.8 million (2022), against an average of -$38.4 million.
  • Peak annual rise in Profit After Tax reached 68.69% in 2025, while the deepest fall reached 841.21% in 2025.
  • D-Wave Quantum's Profit After Tax stood at -$17.8 million in 2022, then grew by 10.03% to -$16.0 million in 2023, then sank 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.
  • The last three Profit After Tax figures came in at -$18.4 million (Q1 2026), -$42.3 million (Q4 2025), and -$140.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 2.26 Bn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 3.62 Bn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 1.02 Bn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 748.00 Mn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 3.21 Bn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 483.39 Mn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 100.25 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 450.00 Mn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 804.61 Mn
10 D-Wave Quantum 8.82 Bn 8.82 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