D-Wave Quantum
Quarterly Financials
| Values in thousands | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
Revenue | $2,858 | $2,752 | $3,739 | $3,095 |
Gross Profit | 1,818 | 1,784 | 2,669 | 1,976 |
EBITDA | -54,727 | -38,268 | -139,416 | -166,616 |
EBIT | -38,946 | -139,785 | -167,123 | |
Net Income | -18,357 | -42,326 | -139,986 | -167,329 |
Net Change In Cash | 2,858 | 2,752 | 3,739 | 3,095 |
Free Cash Flow | -46,041 | -20,031 | -20,061 | -16,035 |
Cash | 338,197 | 635,347 | 836,231 | 819,312 |
Basic Shares | 367,473 | 352,932 | 342,204 | 294,398 |
Annual Financials
| Values in thousands | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
Revenue | $24,587 | $8,827 | $8,758 | $7,173 |
Gross Profit | 20,306 | 5,563 | 4,622 | 4,250 |
EBITDA | -348,743 | -138,050 | -80,833 | -49,034 |
EBIT | -351,049 | -139,982 | -82,678 | -51,367 |
Net Income | -355,062 | -143,879 | -82,715 | -53,702 |
Net Change In Cash | 24,587 | 8,827 | 8,758 | 7,173 |
Cost of Revenue | -2,459 | |||
Free Cash Flow | -75,844 | -44,749 | -61,279 | -45,724 |
Cash | 635,347 | 177,980 | 41,307 | 7,065 |
Basic Shares | 321,202 | 192,129 | 137,993 | 119,647 |
Earnings Calls
| Quarter | EPS |
|---|---|
2026-03-31 | $0 |
2025-12-31 | -$0.09 |
2025-09-30 | -$0.05 |
2025-06-30 | -$0.08 |