Stocks Technology QBTS
NASDAQ · TechnologyD-Wave Quantum Inc. (QBTS)
D-Wave Quantum Inc. brought in $12.4M of revenue over the twelve months to June 30, 2026, down 44.2% from a year earlier. It posted a net loss of $248.7M. In fiscal 2025 capital spending exceeded operating cash flow by $75.8M. At June 30, 2026 it held $296.6M in cash against $34.9M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.
What D-Wave Quantum Inc. does
D-Wave Quantum Inc. is registered with the SEC under industry code SIC 7374 (Services-Computer Processing & Data Preparation). Its shares trade on NASDAQ under the ticker QBTS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $24.6M | -$355.1M | -$1.11 | -$75.8M |
| 2024 | $8.8M | -$143.9M | -$0.75 | -$44.7M |
| 2023 | $8.8M | -$82.7M | -$0.60 | -$61.2M |
| 2022 | $7.2M | -$53.7M | -$0.45 | -$45.6M |
| 2022 | $6.3M | -$41M | -$0.33 | -$36.6M |
| 2020 | $5.2M | -$22M | -$0.17 | -$30M |
Latest SEC filings
What D-Wave Quantum Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 22, 2026
- September 21, 2026
- September 17, 2026
- September 15, 2026
- September 10, 2026Other event 8-K
- September 10, 2026
- September 9, 2026Material agreement 8-K/A
- September 8, 2026
- August 25, 2026
- August 18, 2026
Questions about QBTS
What does D-Wave Quantum Inc. do?
D-Wave Quantum Inc. is registered with the SEC under industry code SIC 7374 (Services-Computer Processing & Data Preparation). Its shares trade on NASDAQ under the ticker QBTS.
Is D-Wave Quantum Inc. profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $248.7M on revenue of $12.4M.
How much revenue does D-Wave Quantum Inc. make?
Over the twelve months to June 30, 2026 D-Wave Quantum Inc. reported revenue of $12.4M. That is 44.2% less than a year earlier.
When did D-Wave Quantum Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 24, 2026.
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Follow QBTS: get an email when it filesWhere the numbers come from
Financial figures are the values D-Wave Quantum Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.