QBTS Financials

Income Statement
MetricQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025
Revenue
3.1M
+7.6%
2.9M
+3.9%
2.8M
-26.4%
3.7M
+20.8%
3.1M
Cost of Revenue
1.4M
+31.9%
1.0M
+7.4%
968.0K
-9.5%
1.1M
-4.4%
1.1M
Gross Profit
1.7M
-6.3%
1.8M
+1.9%
1.8M
-33.2%
2.7M
+35.1%
2.0M
Operating Expenses
55.0M
-2.8%
56.5M
+54.4%
36.6M
+20.5%
30.4M
+6.8%
28.5M
R&D
28.2M
+9.5%
25.8M
+88.6%
13.7M
-2.8%
14.1M
+10.9%
12.7M
SG&A
26.7M
-13.0%
30.8M
+34.0%
22.9M
+40.5%
16.3M
+3.5%
15.8M
Operating Income
-53278000
+2.6%
-54727000
-57.1%
-34839000
-25.6%
-27736000
-4.7%
-26502000
EBITDA
-48545000
+4.7%
-50924000
-48.2%
-34359000
-25.5%
-27367000
-4.6%
-26164000
Net Income
-48028000
-161.6%
-18357000
+56.6%
-42326000
+69.8%
-139986000
+16.3%
-167329000
EPS (Basic)
$-0.13
-160.0%
$-0.05
+58.3%
$-0.12
+70.7%
$-0.41
+25.5%
$-0.55
EPS (Diluted)
$-0.13
-160.0%
$-0.05
+58.3%
$-0.12
+70.7%
$-0.41
+25.5%
$-0.55
Shares (Diluted)
370.8M
+0.9%
367.5M
+3.8%
353.9M
+3.4%
342.2M
+13.2%
302.3M
D-Wave Quantum (QBTS) โ€” Financials