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| Date | Value |
|---|---|
| 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 |