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

D-Wave Quantum has disclosed Retained Earnings across 7 years of filings, most recently posting -$1.0 billion for Q1 2026.

• Retained Earnings for Q1 2026 came in at -$1.0 billion, down 58.19% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.0 billion (down 58.19% YoY), and the FY2025 annual result was -$982.0 million, down 56.63% from the prior year.
• Retained Earnings came in at -$1.0 billion for Q1 2026 at D-Wave Quantum, down from -$982.0 million in the prior quarter.
• In the past five years, Retained Earnings ranged from a high of -$9.2 million in Q2 2025 to a low of -$1.0 billion in Q1 2026.
• The 5-year median for Retained Earnings is -$475.1 million (2023), against an average of -$464.9 million.
• Across the five-year window, Retained Earnings tumbled 4544.3% in 2023 and surged 97.68% in 2024, its largest moves.
• D-Wave Quantum's Retained Earnings stood at -$10.4 million in 2022, then sank by 4544.3% to -$483.1 million in 2023, then fell by 29.77% to -$626.9 million in 2024, then sank by 56.63% to -$982.0 million in 2025, then dropped by 1.87% to -$1.0 billion in 2026.
• The last three Retained Earnings figures came in at -$1.0 billion (Q1 2026), -$982.0 million (Q4 2025), and -$939.7 million (Q3 2025), per Business Quant data.