D-Wave Quantum (QBTS) Retained Earnings (2020 - 2026)
D-Wave Quantum (QBTS) recorded Retained Earnings of -$1.05 billion in Q2 2026, compared with -$799.69 million a year earlier.
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Analysis
D-Wave Quantum (QBTS) Retained Earnings (2020 - 2026) Analysis & Trends
At the end of FY2025, D-Wave Quantum reported Retained Earnings of -$982 million.
- Across earlier years, Retained Earnings came in at -$626.94 million in FY2024, -$483.1 million in FY2023, -$400.35 million in FY2022 and -$346.64 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Retained Earnings in data going back to Q4 2020.
- Per Business Quant, the preceding three quarters came in at -$1 billion (Q1 2026), -$982 million (Q4 2025) and -$939.68 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | 2.79 Bn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | -1.25 Bn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | -316.70 Mn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | -10.28 Bn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 234.92 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | -2.38 Bn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | -1.25 Bn |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | 1.14 Bn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | -1.87 Bn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | -1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.05 Bn |
| Mar 31, 2026 | -1.00 Bn |
| Dec 31, 2025 | -982.00 Mn |
| Sep 30, 2025 | -939.68 Mn |
| Jun 30, 2025 | -799.69 Mn |
| Mar 31, 2025 | -632.36 Mn |
| Dec 31, 2024 | -626.94 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 | -364.01 Mn |
| Jun 30, 2022 | -350.10 Mn |
| Dec 31, 2021 | -346.64 Mn |
| Dec 31, 2020 | -305.67 Mn |
API Access
D-Wave Quantum Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "QBTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();