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| Date | Value |
|---|---|
| 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 |