D-Wave Quantum Inc. Common Stock (QBTS) Financials

Key financial figures for D-Wave Quantum Inc. Common Stock (Q2 2026).

D-Wave Quantum Inc. reported revenue of $3.1 million for Q2 FY2026, down 0.6% from the same period a year earlier. The company posted a net loss of $48.0 million, or -$0.13 per share. Operating margin came to -1732.05%, against -856.28% a year earlier. Free cash flow for the period was -$32.9 million. Across the last 5 reported quarters, quarterly revenue has moved from $3.1 million in Q2 FY2025 to $3.1 million in Q2 FY2026. The figures above are as filed, and the full income statement, balance sheet and cash flow history for D-Wave Quantum Inc. are on the SentiSense financials page.

Revenue
$3M
Net Income
-$48M
EPS
$-0.13
Total Assets
$1.2B
Operating Cash Flow
-$29M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2026$3M-$48M-$0.13-1732.05%-$33M
Q1 FY2026$3M-$18M-$0.05-1914.87%-$46M
Q4 FY2025$3M-$42M-$0.12-1265.95%-$20M
Q3 FY2025$4M-$140M-$0.41-741.8%-$20M
Q2 FY2025$3M-$167M-$0.57-856.28%-$16M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$25M-$355M-$1.11-408.22%-$76M
FY2024$9M-$144M-$0.75-874.85%-$45M
FY2023$9M-$83M-$0.60-919.68%-$61M

Frequently asked questions

What was D-Wave Quantum Inc.'s revenue last quarter?

D-Wave Quantum Inc. reported revenue of $3.1 million for Q2 FY2026, down 0.6% from the same period a year earlier.

Is D-Wave Quantum Inc. profitable?

Not in its most recent reported period. D-Wave Quantum Inc. reported a net loss of $48.0 million for Q2 FY2026, a net margin of -1561.38% on revenue.

How has D-Wave Quantum Inc.'s margin trended?

Operating margin was -1732.05% in Q2 FY2026, compared with -856.28% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did D-Wave Quantum Inc. generate?

D-Wave Quantum Inc. generated free cash flow of -$32.9 million in Q2 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for D-Wave Quantum Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.