D-Wave Quantum (QBTS) Retained Earnings (2020 - 2026)

D-Wave Quantum (QBTS) posted Retained Earnings of -$1.0 billion for Q1 2026, down 154.27% sequentially from $1.8 billion in Q4 2025, and down 217.73% YoY from $849.7 million in Q1 2025.

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

D-Wave Quantum has reported Retained Earnings for 7 years, with the latest figure at -$1.0 billion in Q1 2026.

  • Quarterly Retained Earnings fell 217.73% year-over-year to -$1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.0 billion (down 217.73% YoY) and the FY2025 annual result came in at $1.8 billion, up 17637.75% from the prior year.
  • Retained Earnings slipped to -$1.0 billion in Q1 2026 per QBTS's latest filing, from $1.8 billion in the prior quarter.
  • Over five years, Retained Earnings peaked at $1.8 billion in Q4 2025 and troughed at -$1.0 billion in Q1 2026.
  • A 5-year average of $211.0 million and a median of -$10.5 million in 2023 frame the typical range for Retained Earnings.
  • The sharpest annual moves came in 2024 and 2025: Retained Earnings tumbled 4840.89% in 2024, then soared 17637.75% in 2025.
  • Over 5 years, Retained Earnings stood at -$400.3 million in 2022, then soared by 217.17% to $469.1 million in 2023, then sank by 102.24% to -$10.5 million in 2024, then jumped by 17637.75% to $1.8 billion in 2025, then plunged by 154.27% to -$1.0 billion in 2026.
  • According to Business Quant data, Retained Earnings over the past three periods registered -$1.0 billion, $1.8 billion, and $1.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 6.34 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 3.04 Bn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 2.75 Bn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn -6.92 Bn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 3.00 Mn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn -1.16 Bn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn -1.96 Bn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 4.49 Bn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 3.60 Bn
10 D-Wave Quantum 7.35 Bn 7.35 Bn 1.82 Mn -1.00 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.00 Bn
Dec 31, 2025 1.84 Bn
Sep 30, 2025 1.62 Bn
Jun 30, 2025 -9.23 Mn
Mar 31, 2025 849.73 Mn
Dec 31, 2024 -10.51 Mn
Sep 30, 2024 534.53 Mn
Jun 30, 2024 -518.15 Mn
Mar 31, 2024 -10.47 Mn
Dec 31, 2023 469.08 Mn
Sep 30, 2023 -10.47 Mn
Jun 30, 2023 -10.49 Mn
Mar 31, 2023 404.50 Mn
Dec 31, 2022 -400.35 Mn
Sep 30, 2022 -364.00 Mn
Jun 30, 2022 -10.48 Mn
Dec 31, 2021 -10.44 Mn
Dec 31, 2020 -305.67 Mn