D-Wave Quantum QBTS
NASDAQ QBTS
$16.42 -0.41 (-2.44%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

D-Wave Quantum's (QBTS) quarterly Profit After Tax came in at -$48.0 million in Q2 2026, up 71.3% year-over-year from -$28.0 million in Q2 2025, and down 159.72% quarter-over-quarter from -$18.5 million in Q1 2026.

Analysis

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 -$48.0 million for Q2 2026.

  • In Q2 2026, Profit After Tax rose 71.3% year-over-year to -$48.0 million; the TTM figure through Jun 2026 stood at -$248.8 million (up 11.64% YoY), while the FY2025 annual figure was -$355.1 million, down 146.78% from the prior year.
  • Profit After Tax came in at -$48.0 million for Q2 2026 at D-Wave Quantum, down from -$18.5 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.
  • Average Profit After Tax over 5 years is -$39.0 million, with a median of -$18.1 million recorded in 2022.
  • Year-over-year, Profit After Tax tumbled 841.21% in 2025 and soared 71.3% in 2026.
  • Over 5 years, Profit After Tax stood at -$17.8 million in 2022, then gained by 9.67% to -$16.1 million in 2023, then tumbled by 435.49% to -$86.0 million in 2024, then jumped by 50.78% to -$42.3 million in 2025, then retreated by 13.47% to -$48.0 million in 2026.
  • Per Business Quant data, the three most recent Profit After Tax figures were -$48.0 million in Q2 2026, -$18.5 million in Q1 2026, and -$42.3 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 IonQ 9.47 Bn 7.36 Bn 19.94 Mn -1.87 Bn
2 D-Wave Quantum 6.07 Bn 6.07 Bn 1.70 Mn -48.03 Mn
3 Rigetti Computing 5.03 Bn 5.03 Bn 2.19 Mn -52.61 Mn
4 Quantum Computing 1.75 Bn 1.75 Bn -1.17 Mn -12.70 Mn
5 Infleqtion 1.32 Bn 839.31 Mn 2.17 Mn -25.03 Mn
6 BTQ Technologies 359.38 Mn 359.38 Mn - -12.11 Mn
7 Quantum eMotion 339.79 Mn 339.79 Mn - -6.02 Mn
8 Arqit Quantum 251.50 Mn 251.50 Mn - -
9 Horizon Quantum Holdings 13.39 -113.25 Mn - -115.23 Mn
10 Xanadu Quantum Technologies 7.78 -312.78 Mn 1.38 Mn -42.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -48.03 Mn
Mar 31, 2026 -18.49 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 -86.00 Mn
Sep 30, 2024 -22.86 Mn
Jun 30, 2024 -17.78 Mn
Mar 31, 2024 -17.31 Mn
Dec 31, 2023 -16.06 Mn
Sep 30, 2023 -16.11 Mn
Jun 30, 2023 -26.26 Mn
Mar 31, 2023 -24.43 Mn
Dec 31, 2022 -17.78 Mn
Sep 30, 2022 -11.70 Mn
Jun 30, 2022 -12.30 Mn
Mar 31, 2022 -11.62 Mn
Dec 31, 2021 -23.30 Mn
Sep 30, 2021 -4.21 Mn