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