QBTS
The table below shows D-Wave Quantum Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $24.59M | $8.83M | $8.76M | $7.17M | $6.28M | $5.16M |
| Cost of revenue | $4.28M | $3.26M | $4.14M | $2.92M | $1.75M | $915.00K |
| Gross profit | $20.31M | $5.56M | $4.62M | $4.25M | $4.53M | $4.25M |
| R&D | $50.73M | $35.30M | $37.88M | $32.10M | $25.40M | $20.41M |
D-Wave Quantum Inc. reported annual revenue of $24.59M for fiscal year 2025. That is up 178.5% from $8.83M in fiscal 2024. Over the 6 fiscal years shown, annual revenue grew from $5.16M (FY 2020) to $24.59M. Figures come from the company's audited annual reports as filed with the SEC.
Data parsed from SEC EDGAR XBRL filings. See the full market cap rankings.
| SG&A |
| $41.19M |
| $32.42M |
| $37.01M |
| $21.54M |
| $11.90M |
| $11.59M |
| Operating income | -$100.37M | -$77.22M | -$80.55M | -$59.46M | -$38.95M | -$31.47M |
| Income tax | $0.00 | - | - | - | - | - |
| Net income | -$355.06M | -$143.88M | -$82.72M | -$53.70M | -$40.97M | -$21.97M |
| EPS (diluted) | -$1.11 | -$0.75 | -$0.60 | -$0.45 | -$0.33 | -$0.17 |