D-Wave Quantum Inc.

QBTS · NYSE
Analyze with AI
9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$3,739$3,095$15,001$2,309
% Growth20.8%-79.4%549.7%
Cost of Goods Sold$1,070$1,119$1,124$836
Gross Profit$2,669$1,976$13,877$1,473
% Margin71.4%63.8%92.5%63.8%
R&D Expenses$14,075$12,694$10,288$9,752
G&A Expenses$9,383$9,151$7,957$8,126
SG&A Expenses$16,330$15,784$14,880$11,953
Sales & Mktg Exp.$6,947$6,633$6,923$3,827
Other Operating Expenses$0$0$0$0
Operating Expenses$30,405$28,478$25,168$21,705
Operating Income-$27,736-$26,502-$11,291-$20,232
% Margin-741.8%-856.3%-75.3%-876.2%
Other Income/Exp. Net-$112,250-$140,827$5,870-$65,845
Pre-Tax Income-$139,986-$167,329-$5,421-$86,077
Tax Expense$0$0$0$0
Net Income-$139,986-$167,329-$5,421-$86,077
% Margin-3,743.9%-5,406.4%-36.1%-3,727.9%
EPS-0.41-0.57-0.019-0.37
% Growth28.1%-2,915.9%94.9%
EPS Diluted-0.41-0.57-0.019-0.37
Weighted Avg Shares Out341,429294,398286,420232,997
Weighted Avg Shares Out Dil342,205294,398286,420232,997
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$201$206$226$417
Depreciation & Amortization$369$507$553$574
EBITDA-$139,416-$166,616-$4,642-$85,086
% Margin-3,728.7%-5,383.4%-30.9%-3,685%
D-Wave Quantum Inc. (QBTS) Financial Statements & Key Stats | AlphaPilot