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) Retained Earnings (2020 - 2026)

D-Wave Quantum's (QBTS) quarterly Retained Earnings came in at $2.1 billion in Q2 2026, up 42.4% year-over-year from $1.5 billion in Q2 2025, and little changed quarter-over-quarter from $2.1 billion in Q1 2026.

Analysis

D-Wave Quantum (QBTS) Retained Earnings (2020 - 2026) Analysis & Trends

D-Wave Quantum has disclosed Retained Earnings across 7 years of filings, most recently posting $2.1 billion for Q2 2026.

  • In Q2 2026, Retained Earnings rose 42.4% year-over-year to $2.1 billion; the TTM figure through Jun 2026 stood at $2.1 billion (up 42.4% YoY), while the FY2025 annual figure was $1.8 billion, up 163.29% from the prior year.
  • Retained Earnings came in at $2.1 billion for Q2 2026 at D-Wave Quantum, roughly flat from $2.1 billion in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $2.1 billion in Q2 2026 to a low of -$540.9 million in Q3 2024.
  • Average Retained Earnings over 5 years is $413.2 million, with a median of -$350.1 million recorded in 2022.
  • Year-over-year, Retained Earnings tumbled 226.18% in 2023 and soared 399.38% in 2025.
  • Over 5 years, Retained Earnings stood at -$400.3 million in 2022, then retreated by 20.67% to -$483.1 million in 2023, then jumped by 244.91% to $700.1 million in 2024, then surged by 163.29% to $1.8 billion in 2025, then increased by 16.13% to $2.1 billion in 2026.
  • Per Business Quant data, the three most recent Retained Earnings figures were $2.1 billion in Q2 2026, $2.1 billion in Q1 2026, and $1.8 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 IonQ 9.47 Bn 7.36 Bn 19.94 Mn 5.64 Bn
2 D-Wave Quantum 6.07 Bn 6.07 Bn 1.70 Mn 2.14 Bn
3 Rigetti Computing 5.03 Bn 5.03 Bn 2.19 Mn -790.45 Mn
4 Quantum Computing 1.75 Bn 1.75 Bn -1.17 Mn 1.83 Bn
5 Infleqtion 1.32 Bn 839.31 Mn 2.17 Mn -287.91 Mn
6 BTQ Technologies 359.38 Mn 359.38 Mn - -73.68 Mn
7 Quantum eMotion 339.79 Mn 339.79 Mn - -25.30 Mn
8 Arqit Quantum 251.50 Mn 251.50 Mn - -406.86 Mn
9 Horizon Quantum Holdings 13.39 -113.25 Mn - -152,439.50 Bn
10 Xanadu Quantum Technologies 7.78 -312.78 Mn 1.38 Mn -270.37 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.14 Bn
Mar 31, 2026 2.13 Bn
Dec 31, 2025 1.84 Bn
Sep 30, 2025 1.62 Bn
Jun 30, 2025 1.50 Bn
Mar 31, 2025 849.73 Mn
Dec 31, 2024 700.07 Mn
Sep 30, 2024 -540.90 Mn
Jun 30, 2024 -518.20 Mn
Mar 31, 2024 -500.40 Mn
Dec 31, 2023 -483.10 Mn
Sep 30, 2023 -467.05 Mn
Jun 30, 2023 -450.94 Mn
Mar 31, 2023 -424.80 Mn
Dec 31, 2022 -400.35 Mn
Sep 30, 2022 370.16 Mn
Jun 30, 2022 -350.10 Mn
Dec 31, 2021 -346.64 Mn
Dec 31, 2020 -305.67 Mn