D-Wave Quantum Income Statement (2020-2025) | QBTS

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Income Statement Dec2020 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & cost
Revenue 1.41M1.31M2.43M1.71M1.37M1.70M2.40M1.58M1.71M2.56M2.91M2.46M2.18M1.87M2.31M15.00M3.10M3.74M
Cost of Revenue 1.07M1.68M2.20M1.60M1.74M2.77M4.09M2.90M2.49M2.47M2.41M3.08M4.40M3.75M3.83M6.92M6.63M6.95M
Gross Profit 1.11M1.00M1.55M1.10M0.75M1.04M1.33M0.42M0.70M1.53M1.97M1.66M1.39M1.04M1.47M13.88M1.98M2.67M
Operating items
Research & Development 6.48M6.31M6.13M6.80M7.46M7.51M10.30M10.91M9.55M9.46M7.96M8.53M8.36M8.67M9.75M10.29M12.69M14.07M
Selling, General & Administrative 2.52M2.80M4.07M3.65M3.96M5.92M7.97M11.30M9.58M8.00M8.14M7.57M7.47M9.26M8.13M7.96M9.15M9.38M
Other Operating Expenses 1.07M1.68M2.20M1.60M1.74M2.77M4.09M2.90M2.49M2.47M2.41M3.08M4.40M3.75M3.83M6.92M6.63M6.95M
Operating Expenses 10.08M10.79M12.40M12.05M13.15M16.20M22.36M25.11M21.61M19.94M18.51M19.18M20.23M21.68M21.70M25.17M28.48M30.41M
Operating Income -8.96M-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
EBIT -8.96M-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
Non-operating items
Non Operating Investment Income 1.16M-0.00M1.66M-0.16M-0.01M0.90M
Other Non Operating Income 0.32M0.07M0.16M-0.54M1.15M2.17M-0.23M-0.14M-0.82M0.93M-0.88M1.14M0.46M0.20M2.85M2.15M1.43M8.96M
Non Operating Income 0.14M5.58M-12.41M-0.60M1.15M3.51M2.97M0.28M-5.28M2.30M0.53M1.14M1.06M-2.08M-68.45M5.87M-140.83M-112.25M
Net income details
EBT -9.14M-10.00M-11.99M-11.01M-12.10M-16.23M-17.14M-24.90M-20.91M-18.41M-16.54M-17.52M-18.84M-20.64M-20.23M-11.29M-26.50M-27.74M
Profit After Tax -8.80M-4.21M-23.30M-11.60M-12.30M-11.70M-17.78M-24.41M-26.20M-16.11M-16.01M-17.31M-17.78M-22.71M-86.10M-5.42M-167.33M-139.99M
Income from Continuing Operations -9.14M-10.00M-11.99M-11.01M-12.10M-16.23M-17.14M-24.90M-20.91M-18.41M-16.54M-17.52M-18.84M-20.64M-20.23M-11.29M-26.50M-27.74M
Consolidated Net Income -9.14M-10.00M-11.99M-11.01M-12.10M-16.23M-17.14M-24.90M-20.91M-18.41M-16.54M-17.52M-18.84M-20.64M-20.23M-11.29M-26.50M-27.74M
Income towards Parent Company -9.14M-10.00M-11.99M-11.01M-12.10M-16.23M-17.14M-24.90M-20.91M-18.41M-16.54M-17.52M-18.84M-20.64M-20.23M-11.29M-26.50M-27.74M
Net Income towards Common Stockholders -9.14M-4.21M-11.99M-11.01M-12.10M-13.31M-17.14M-24.90M-20.91M-18.41M-16.54M-17.52M-18.84M-20.64M-20.23M-11.29M-26.50M-27.74M
Additional items
EPS (Basic) -0.08-0.03-0.19-0.09-0.10-0.10-0.16-0.20-0.21-0.12-0.09-0.11-0.10-0.11-0.43-0.02-0.55-0.41
EPS (Weighted Average and Diluted) -0.08-0.03-0.19-0.09-0.10-0.10-0.16-0.20-0.21-0.12-0.09-0.11-0.10-0.11-0.43-0.02-0.55-0.41
Shares Outstanding (Weighted Average) 38.62M37.50M37.50M37.50M37.50M37.50M110.01M111.51M111.51M127.17M145.45M159.93M161.68M171.27M201.43M224.01M291.35M292.19M342.02M
Shares Outstanding (Diluted Average) 127.16M111.88M125.36M125.34M125.39M125.47M122.34M119.65M123.14M127.34M133.22M137.99M161.31M172.14M201.59M192.13M286.42M302.29M342.20M
EBITDA -8.78M-4.18M-23.29M-11.62M-12.27M-11.59M-17.76M-24.43M-26.25M-16.09M-16.06M-17.27M-17.76M-22.86M-85.99M-4.92M-166.54M-139.89M
Interest Expenses 0.18M0.20M1.14M0.06M-0.30M1.07M-3.89M0.21M