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| 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 |