D-Wave Quantum reported revenue of $3.08M and net income of -$48.03M for the quarter ended Jun 2026, down 0.6% year over year. This income statement covers 22 quarters of results from Dec 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2020 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 125.36M | 125.34M | 125.39M | 112.02M | 110.38M | 113.34M | 127.17M | 128.03M | 155.29M | 161.11M | 161.68M | 186.07M | 207.96M | 192.13M | 291.35M | 339.84M | 345.97M | 358.74M | 370.04M | 372.01M | ||
| Revenue & cost | ||||||||||||||||||||||
| Revenue | 1.31M | 2.43M | 1.71M | 1.37M | 1.70M | 2.40M | 1.58M | 1.71M | 2.56M | 2.91M | 2.46M | 2.18M | 1.87M | 2.31M | 15.00M | 3.10M | 3.74M | 2.75M | 2.86M | 3.08M | ||
| Gross Profit | 1.00M | 1.55M | 1.10M | 0.75M | 1.04M | 1.33M | 0.42M | 0.70M | 1.53M | 1.97M | 1.66M | 1.39M | 1.04M | 1.47M | 13.88M | 1.98M | 2.67M | 1.78M | 1.82M | 1.70M | ||
| Operating items | ||||||||||||||||||||||
| Research & DevelopmentR&D | 6.31M | 2.20M | 1.60M | 7.46M | 7.51M | 4.09M | 10.91M | 2.49M | 2.47M | 7.96M | 3.08M | 4.40M | 8.67M | 9.75M | 6.92M | 6.63M | 14.07M | 8.25M | 10.48M | 28.24M | ||
| Selling, General & AdministrativeSG&A | 2.80M | 4.07M | 3.65M | 3.96M | 5.92M | 7.97M | 11.30M | 9.58M | 8.00M | 8.14M | 7.57M | 7.47M | 9.26M | 8.13M | 7.96M | 9.15M | 9.38M | 14.70M | 20.27M | 15.39M | ||
| Other Operating ExpensesOther Opex | 1.68M | 6.13M | 6.80M | 1.74M | 2.77M | 10.30M | 2.90M | 9.55M | 9.46M | 2.41M | 8.53M | 8.36M | 3.75M | 3.83M | 10.29M | 12.69M | 6.95M | 13.68M | 25.79M | 11.36M | ||
| Operating ExpensesOpex | 10.79M | 12.40M | 12.05M | 13.15M | 16.20M | 22.36M | 25.11M | 21.61M | 19.94M | 18.51M | 19.18M | 20.23M | 21.68M | 21.70M | 25.17M | 28.48M | 30.41M | 36.62M | 56.55M | 54.98M | ||
| Operating IncomeOp. Inc | -9.79M | -10.85M | -10.95M | -12.40M | -15.16M | -21.03M | -24.69M | -20.91M | -18.41M | -16.54M | -17.52M | -18.84M | -20.64M | -20.23M | -11.29M | -26.50M | -27.74M | -34.84M | -54.73M | -53.28M | ||
| EBIT | -9.79M | -10.85M | -10.95M | -12.40M | -15.16M | -21.03M | -24.69M | -20.91M | -18.41M | -16.54M | -17.52M | -18.84M | -20.64M | -20.23M | -11.29M | -26.50M | -27.74M | -34.84M | -54.73M | -53.28M | ||
| Non-operating items | ||||||||||||||||||||||
| Non Operating Investment Income | 1.16M | -0.00M | 1.66M | -0.16M | -0.01M | 0.85M | -1.01M | 1.88M | 0.02M | |||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 3.10M | 5.79M | 5.03M | |||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.07M | -0.67M | -0.54M | 1.15M | 2.17M | -0.23M | -0.14M | -0.82M | 0.93M | -0.88M | 1.14M | 0.46M | 0.20M | 1.11M | -0.95M | 1.43M | 8.96M | -16.64M | 0.51M | 0.48M | ||
| Non Operating IncomeNon Op. Inc. | 5.58M | -12.41M | -0.60M | 0.11M | 3.51M | 3.25M | 0.28M | -5.28M | 2.30M | 0.53M | 0.20M | 1.06M | -2.08M | -65.84M | 5.87M | -140.83M | -112.25M | -7.49M | 7.92M | 5.26M | ||
| Net income details | ||||||||||||||||||||||
| EBT | -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 | -46.81M | -48.02M | ||
| Tax ProvisionsTaxes | -28.45M | 0.01M | ||||||||||||||||||||
| Profit After TaxPAT | -4.21M | -23.25M | -11.62M | -12.30M | -11.65M | -17.80M | -24.41M | -26.20M | -16.10M | -16.13M | -17.27M | -17.76M | -22.71M | -86.00M | 0.50M | -166.54M | -139.99M | -40.84M | -18.49M | -48.03M | ||
| Income from Non-Controlling InterestsInc. Minority | -0.15M | |||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -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 | ||
| Consolidated Net IncomeConsol Net Inc. | -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 | ||
| Income towards Parent CompanyParent Net Inc | -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 | ||
| Net Income towards Common StockholdersNet Income | -4.21M | -11.84M | -11.01M | -12.10M | -13.31M | -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 | ||
| Additional items | ||||||||||||||||||||||
| EPS (Basic) | -0.03 | -0.09 | -0.09 | -0.11 | -0.11 | -0.16 | -0.20 | -0.17 | -0.14 | -0.11 | -0.19 | -0.12 | -0.11 | -0.10 | -0.02 | -0.38 | -0.49 | -0.12 | -0.05 | -0.13 | ||
| EPS (Diluted) | -0.03 | -0.09 | -0.09 | -0.11 | -0.11 | -0.16 | -0.20 | -0.17 | -0.14 | -0.11 | -0.19 | -0.12 | -0.11 | -0.10 | -0.02 | -0.38 | -0.49 | -0.12 | -0.05 | -0.13 | ||
| Shares Outstanding | 125.36M | 125.34M | 125.39M | 112.02M | 116.26M | 119.65M | 123.14M | 127.34M | 133.22M | 137.99M | 161.31M | 172.14M | 201.59M | 192.13M | 286.42M | 302.29M | 342.20M | 321.20M | 367.47M | 370.84M | ||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 125.36M | 125.34M | 125.39M | 112.02M | 116.26M | 119.65M | 123.14M | 127.34M | 133.22M | 137.99M | 161.31M | 172.14M | 201.59M | 192.13M | 286.42M | 302.29M | 342.20M | 321.20M | 367.47M | 370.84M | ||
| EBITDA | -9.79M | -10.85M | -10.95M | -12.40M | -15.16M | -21.03M | -24.69M | -20.91M | -18.41M | -16.54M | -17.52M | -18.84M | -20.64M | -20.23M | -11.29M | -26.50M | -27.74M | -34.84M | -54.73M | -53.28M | ||
| Interest ExpensesInt Expense | 0.20M | 0.98M | 0.06M | -0.30M | 107.36M | -2.11M | 0.21M | 0.19M | 0.80M | -1.20M | 12.72M | 2.64M | 0.90M | -0.41M | 66.89M | 87.86M | 140.02M | 4.00M | 51.50M | 61.65M | ||
| Tax Rate | 60.78 | -0.02 |