D-Wave Quantum (QBTS) Retained Earnings (2020 - 2026)
D-Wave Quantum (QBTS) posted Retained Earnings of -$1.0 billion for Q1 2026, down 1.87% sequentially from -$982.0 million in Q4 2025, and down 58.19% YoY from -$2.4 billion in Q1 2025.
D-Wave Quantum (QBTS) Retained Earnings (2020 - 2026) Analysis & Trends
D-Wave Quantum (QBTS) has 7 years of Retained Earnings data on file, last reported at -$1.0 billion in Q1 2026.
- Quarterly Retained Earnings fell 58.19% year-over-year to -$1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.0 billion (down 58.19% YoY) and the FY2025 annual result came in at -$982.0 million, down 56.63% from the prior year.
- Retained Earnings slipped to -$1.0 billion in Q1 2026 per QBTS's latest filing, from -$982.0 million in the prior quarter.
- The five-year high for Retained Earnings was -$9.2 million in Q2 2025, with the low at -$1.0 billion in Q1 2026.
- Average Retained Earnings over 5 years is -$464.9 million, with a median of -$475.1 million recorded in 2023.
- Year-over-year, Retained Earnings sank 4544.3% in 2023 and soared 97.68% in 2024.
- D-Wave Quantum's Retained Earnings stood at -$10.4 million in 2022, then slumped by 4544.3% to -$483.1 million in 2023, then slipped by 29.77% to -$626.9 million in 2024, then slumped by 56.63% to -$982.0 million in 2025, then retreated by 1.87% to -$1.0 billion in 2026.
- Business Quant data shows QBTS's Retained Earnings at -$1.0 billion in Q1 2026, -$982.0 million in Q4 2025, and -$939.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 2.75 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 6.34 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | -19.30 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 3.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | -6.92 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | -1.16 Bn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | -501.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 692,000.00 |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | -113.82 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | -1.00 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.00 Bn |
| Dec 31, 2025 | -982.00 Mn |
| Sep 30, 2025 | -939.68 Mn |
| Jun 30, 2025 | -9.23 Mn |
| Mar 31, 2025 | -632.36 Mn |
| Dec 31, 2024 | -626.94 Mn |
| Sep 30, 2024 | -540.90 Mn |
| Jun 30, 2024 | -10.45 Mn |
| Mar 31, 2024 | -500.37 Mn |
| Dec 31, 2023 | -483.10 Mn |
| Sep 30, 2023 | -467.05 Mn |
| Jun 30, 2023 | -450.90 Mn |
| Mar 31, 2023 | -424.80 Mn |
| Dec 31, 2022 | -10.40 Mn |
| Sep 30, 2022 | -10.43 Mn |
| Jun 30, 2022 | -350.10 Mn |
| Dec 31, 2021 | -346.64 Mn |
| Dec 31, 2020 | -305.67 Mn |