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

D-Wave Quantum (QBTS) posted Profit After Tax of -$18.5 million for Q1 2026, up 54.72% sequentially from -$40.8 million in Q4 2025, and down 3813.25% YoY from $498000.0 in Q1 2025.

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

D-Wave Quantum has reported Profit After Tax for 6 years, with the latest figure at -$18.5 million in Q1 2026.

  • Quarterly Profit After Tax fell 3813.25% year-over-year to -$18.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$365.9 million (down 190.44% YoY) and the FY2025 annual result came in at -$353.6 million, down 145.74% from the prior year.
  • Profit After Tax advanced to -$18.5 million in Q1 2026 per QBTS's latest filing, from -$40.8 million in the prior quarter.
  • Over five years, Profit After Tax peaked at $498000.0 in Q1 2025 and troughed at -$166.5 million in Q2 2025.
  • A 5-year average of -$38.0 million and a median of -$17.8 million in 2022 frame the typical range for Profit After Tax.
  • The sharpest annual moves came in 2025 and 2026: Profit After Tax surged 102.88% in 2025, then slumped 3813.25% in 2026.
  • Over 5 years, Profit After Tax stood at -$17.8 million in 2022, then grew by 9.37% to -$16.1 million in 2023, then sank by 433.14% to -$86.0 million in 2024, then jumped by 52.51% to -$40.8 million in 2025, then jumped by 54.72% to -$18.5 million in 2026.
  • According to Business Quant data, Profit After Tax over the past three periods registered -$18.5 million, -$40.8 million, and -$140.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 3.44 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 1.02 Bn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 3.62 Bn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 748.00 Mn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 3.21 Bn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 24.08 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 450.00 Mn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 483.39 Mn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 235.70 Mn
10 D-Wave Quantum 7.35 Bn 7.35 Bn 1.82 Mn -18.49 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -18.49 Mn
Dec 31, 2025 -40.84 Mn
Sep 30, 2025 -139.99 Mn
Jun 30, 2025 -166.54 Mn
Mar 31, 2025 498,000.00
Dec 31, 2024 -86.00 Mn
Sep 30, 2024 -22.71 Mn
Jun 30, 2024 -17.76 Mn
Mar 31, 2024 -17.27 Mn
Dec 31, 2023 -16.13 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 -11.62 Mn
Dec 31, 2021 -23.25 Mn
Sep 30, 2021 -4.21 Mn
Jun 30, 2021 -4.70 Mn