D-Wave Quantum reported cash from operations of -$28.50M and free cash flow of -$30.77M for the quarter ended Jun 2026, down 86.5% year over year. This cash flow statement covers 21 quarters of results from Jun 2021 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||
| Net Income | -10.00M | -11.84M | -11.01M | -12.10M | -122.52M | -18.92M | -24.90M | -21.09M | -19.21M | -15.34M | -30.23M | -21.48M | -21.53M | -19.82M | -5.42M | -114.36M | -167.76M | -38.84M | -18.36M | -48.03M | |
| Depreciation and Depletion | 0.39M | 0.30M | 0.30M | 0.30M | 0.30M | 0.30M | 0.30M | 0.20M | 0.20M | 0.20M | 0.20M | 0.20M | 0.20M | 0.30M | 0.30M | 0.30M | 0.30M | 0.40M | 0.80M | 1.00M | |
| Share-based Compensation | 0.23M | 0.78M | 0.82M | 1.78M | -3.00M | 11.48M | 5.88M | 4.56M | 0.36M | -11.65M | 0.10M | 0.10M | -17.12M | 0.12M | 0.30M | ||||||
| Deferred Taxes | 28.36M | ||||||||||||||||||||
| Gains from Investment Securities | -2.60M | -3.57M | -0.64M | 2.15M | -1.43M | -0.34M | 2.65M | -2.19M | -0.48M | 68.26M | -3.94M | 142.05M | 121.86M | 10.58M | |||||||
| Asset Writedowns and Impairment | -0.22M | 0.27M | -0.26M | -0.00M | 0.27M | -0.03M | -0.07M | ||||||||||||||
| Cash from Operations | -7.30M | -7.20M | -9.50M | -12.00M | -12.80M | -10.90M | -13.60M | -15.40M | -16.90M | -14.70M | -12.12M | -14.47M | -18.07M | 2.02M | -19.28M | -15.29M | -19.05M | -18.37M | -44.96M | -28.50M | |
| Depreciation, Depletion & Amortization | |||||||||||||||||||||
| Amortization of Deferred Charges | 0.10M | 0.47M | 0.06M | 0.40M | 0.03M | 0.42M | 0.21M | 0.21M | 0.16M | 0.22M | 0.20M | 0.20M | 0.17M | 0.26M | 0.18M | 0.17M | 0.20M | 0.20M | 0.35M | 0.35M | |
| Depreciation & Amortization (CF)Depreciation & Amortization | 0.39M | 0.40M | 0.41M | 0.29M | 0.33M | 0.39M | 0.34M | 0.26M | 0.23M | 0.23M | 0.23M | 0.28M | 0.28M | 0.32M | 0.38M | 0.34M | 0.37M | 0.48M | 3.80M | 4.73M | |
| Change in Working Capital | |||||||||||||||||||||
| Change in Receivables | 0.21M | -0.50M | 0.32M | -0.06M | -0.27M | 0.34M | -0.21M | 0.26M | -0.05M | 0.82M | 0.04M | -0.05M | -0.11M | -0.01M | -0.36M | 0.42M | 0.48M | -0.34M | 7.32M | -6.89M | |
| Change in Inventory | 0.07M | -0.21M | 0.20M | 0.10M | 0.38M | -0.54M | 0.06M | 0.02M | 0.15M | 0.00M | 0.02M | 0.13M | 0.15M | -0.08M | 0.04M | 0.72M | 0.67M | 0.97M | 1.48M | 1.13M | |
| Change in Account Payables | 0.68M | 0.70M | -0.40M | 0.26M | 0.75M | 2.98M | 1.86M | -1.52M | -2.60M | -0.35M | -0.54M | 0.04M | -0.32M | 0.25M | 0.23M | 0.19M | -0.21M | 0.07M | -1.00M | 0.03M | |
| Change in Accured Expenses | 0.42M | 0.87M | 2.94M | 1.64M | -2.87M | -0.99M | 1.21M | 0.91M | -1.16M | -2.34M | 2.60M | -0.86M | 1.53M | 2.25M | -2.29M | 4.98M | -2.09M | 6.33M | -3.00M | -1.37M | |
| Other Working Capital Changes | 0.46M | -1.03M | -0.23M | -0.20M | -0.62M | 0.12M | 0.05M | -0.38M | -0.08M | 1.37M | 0.34M | 0.02M | -0.14M | 0.07M | -0.17M | -13.62M | -1.54M | -0.68M | 8.24M | -1.02M | |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | 0.42M | 0.28M | 0.12M | 0.05M | -0.11M | 0.36M | 0.08M | -0.08M | 0.00M | 0.07M | 0.04M | -0.71M | -0.06M | 0.19M | 1.00M | 1.02M | -1.76M | 1.08M | 2.26M | ||
| Acquisitions | 250.82M | 2.00M | |||||||||||||||||||
| Change in Acquisitions & Divestments | 0.25M | ||||||||||||||||||||
| Cash from Investing Activities | -0.44M | -0.29M | -0.14M | -0.07M | -0.10M | -0.18M | -0.08M | -0.00M | -0.10M | -0.45M | -1.21M | -0.60M | -0.37M | -0.96M | -0.50M | 0.14M | -1.21M | -249.57M | -252.06M | -8.52M | |
| Financing Activities | |||||||||||||||||||||
| Other financing activities | -0.07M | 0.09M | 0.01M | 0.13M | 1.00M | 0.55M | 0.66M | 0.68M | 0.01M | 0.01M | -0.01M | 0.01M | 99.31M | 39.90M | 194.67M | 0.09M | 1.52M | ||||
| Debt Issuance and Repayment | |||||||||||||||||||||
| Long-Term Debt Issuances | 0.11M | 14.70M | 5.00M | 0.13M | 14.36M | -13.97M | 28.62M | 0.03M | 0.04M | ||||||||||||
| Long-Term Debt Repayments | 0.01M | 0.01M | 0.41M | 19.58M | 1.51M | 0.88M | 0.95M | 0.37M | |||||||||||||
| Change in Capital Stock | |||||||||||||||||||||
| Shares Issued | 12.09M | ||||||||||||||||||||
| Net Equity Issued and Repurchased | 40.00M | 15.70M | 15.68M | 45.66M | 2.33M | 20.29M | 11.90M | 12.10M | |||||||||||||
| Misc. | |||||||||||||||||||||
| Cash from Financing Activities | 2.86M | 8.92M | 17.87M | 4.89M | 16.20M | 4.30M | 15.59M | 14.06M | 62.75M | 3.23M | -0.73M | 28.61M | 7.01M | 147.56M | 145.62M | 529.35M | 37.08M | 67.11M | -0.14M | -4.68M | |
| Exchange Rate Effect | -0.22M | -0.01M | -0.04M | -0.02M | 0.03M | 0.07M | -0.02M | -0.07M | 0.01M | -0.04M | 0.05M | 0.02M | -0.15M | 0.09M | 0.50M | 0.79M | 0.10M | -0.05M | 0.02M | 0.14M | |
| Change in Cash | -5.15M | 1.44M | 8.18M | -7.20M | 3.30M | -6.70M | 1.92M | -1.47M | 45.80M | -12.01M | -14.00M | 13.56M | -11.59M | 148.71M | 126.34M | 514.99M | 16.92M | -200.88M | -297.15M | -41.55M | |
| Free Cash Flow | -7.72M | -7.48M | -9.62M | -12.05M | -12.69M | -11.26M | -13.60M | -15.48M | -16.82M | -14.70M | -12.19M | -14.50M | -17.36M | 2.08M | -19.47M | -16.28M | -20.06M | -16.61M | -46.04M | -30.77M | |
| Net Cash Flow | -4.88M | 1.43M | 8.23M | -7.18M | 3.30M | -6.78M | 1.92M | -1.34M | 45.75M | -11.93M | -14.05M | 13.54M | -11.44M | 148.62M | 125.84M | 514.20M | 16.82M | -200.84M | -297.17M | -41.70M |