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D-Wave Quantum Inc. (QBTS)

NYSE: QBTS · Real-Time Price · USD

16.02

0.85 (5.60%)

At close: Jun 16, 2025, 3:59 PM

15.78

-1.47%

After-hours: Jun 16, 2025, 07:59 PM EDT

D-Wave Quantum Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	8.83M	8.76M	7.17M	6.28M	5.16M
Cost of Revenue	3.26M	4.14M	2.92M	1.75M	915K
Gross Profit	5.56M	4.62M	4.25M	4.53M	4.25M
Operating Income	-77.22M	-80.55M	-59.46M	-31.78M	-19.44M
Interest Income	n/a	n/a	5.67M	1.73M	48.91K
Pretax Income	-143.88M	-82.72M	-51.53M	-31.55M	-10.02M
Net Income	-143.88M	-82.72M	-38.97M	-34.07M	-18.25M
Selling & General & Admin	47.49M	47.29M	31.61M	18.08M	15.3M
Research & Development	35.3M	37.88M	32.1M	25.4M	20.41M
Other Expenses	n/a	n/a	716K	-7.17M	-12.03M
Operating Expenses	82.79M	85.17M	63.71M	36.31M	23.68M
Interest Expense	3.9M	37K	4.63M	1.73M	5.26M
Selling & Marketing Expenses	15.06M	10.28M	10.07M	6.18M	3.71M
Cost & Expenses	86.05M	89.3M	66.63M	38.06M	24.6M
Income Tax Expense	n/a	n/a	-12.56M	2.53M	8.23M
Shares Outstanding (Basic)	192.13M	137.99M	119.65M	125.34M	37.5M
Shares Outstanding (Diluted)	192.13M	137.99M	119.65M	125.34M	37.5M
EPS (Basic)	-0.75	-0.6	-0.33	-0.27	-0.49
EPS (Diluted)	-0.75	-0.6	-0.33	-0.27	-0.49
EBITDA	-138.05M	-80.83M	-49.03M	-34.36M	-14.06M
EBIT	-139.98M	-82.68M	-51.37M	-36.96M	-16.79M
Depreciation & Amortization	1.93M	1.84M	2.33M	2.6M	2.73M