D-Wave Quantum Inc. Detailed Financials

Full historical quarterly statements

Metric2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue2.9M2.8M3.7M3.1M15.0M2.3M1.9M2.2M
Cost of Goods Sold1.0M968K1.1M1.1M1.1M836K827K795K
Gross Profit1.8M1.8M2.7M2.0M13.9M1.5M1.0M1.4M
R&D Expenses25.8M13.7M14.1M12.7M10.3M9.8M8.7M8.4M
Operating Expenses56.5M36.6M30.4M28.5M25.2M21.7M21.7M20.2M
Operating Income-54.7M-34.8M-27.7M-26.5M-11.3M-20.2M-20.6M-18.8M
Other Income / Gains7.9M-7.5M-112.3M-140.8M5.9M-65.8M-2.1M1.1M
Net Income-18.4M-42.3M-140.0M-167.3M-5.4M-86.1M-22.7M-17.8M
EPS (Diluted)-0.05-0.12-0.41-0.57-0.019-0.37-0.11-0.10
Reported CurrencyUSDUSDUSDUSDUSDUSDUSDUSD
Gross Profit Ratio0.6360.6480.7140.6380.9250.6380.5580.636
General And Administrative Expenses20.3M14.7M9.4M9.2M8.0M8.1M9.3M7.5M
Selling And Marketing Expenses10.5M8.3M6.9M6.6M6.9M3.8M3.8M4.4M
Selling General And Administrative Expenses30.8M22.9M16.3M15.8M14.9M12.0M13.0M11.9M
Other Expenses00000000
Cost And Expenses57.6M37.6M31.5M29.6M26.3M22.5M22.5M21.0M
Interest Income08.1M000000
Interest Expense5.8M3.4M201K206K226K417K1.2M1.2M
Depreciation And Amortization0678K369K507K553K574K450K480K
Ebitda-54.7M-38.3M-139.4M-166.6M-4.6M-85.1M-21.1M-16.1M
Ebitdaratio-19.149-13.906-37.287-53.834-0.309-36.85-11.274-7.393
Operating Income Ratio-19.149-12.66-7.418-8.563-0.753-8.762-11.035-8.63
Income Before Tax-46.8M-42.3M-140.0M-167.3M-5.4M-86.1M-22.7M-17.8M
Income Before Tax Ratio-16.378-15.38-37.439-54.064-0.361-37.279-12.145-8.144
Income Tax Expense-28.5M0000000
Net Income Ratio-6.423-15.38-37.439-54.064-0.361-37.279-12.145-8.144
Epsdiluted-0.05-0.12-0.41-0.57-0.019-0.37-0.11-0.10
Weighted Average Shs Out367.5M352.9M341.4M294.4M286.4M233.0M201.6M172.1M
Weighted Average Shs Out Dil367.5M352.9M342.2M294.4M286.4M233.0M201.6M172.1M