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D-Wave Quantum (QBTS) Q1 2026 Earnings

QBTS·Reported May 12, 2026·Before market open

D-Wave Quantum reported Q1 2026 revenue of $2.9M (-80.9% YoY), missed analyst consensus of $4.2M by $1.3M. Diluted EPS came in at $-0.05 (-150.0% YoY), beat the $-0.08 consensus by $0.03.

Revenue
$2.9Mmissed by $1.3M
Consensus: $4.2M
Diluted EPS
$-0.05beat by $0.03
Consensus: $-0.08
SEC

SEC Filings

Earnings release8-K · 0001907982-26-000057
Quarterly report10-Q · 0001907982-26-000059

Financial Snapshot

Trailing eight quarters through Q1 2026

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Q1 2026 Earnings FAQ

Common questions about D-Wave Quantum's Q1 2026 earnings report.

D-Wave Quantum (QBTS) reported Q1 2026 earnings on May 12, 2026 before market open.

D-Wave Quantum reported revenue of $2.9M and diluted EPS of $-0.05 for Q1 2026.

Revenue missed the consensus estimate of $4.2M by $1.3M. EPS beat the consensus estimate of $-0.08 by $0.03.

Compared to the same quarter a year prior, revenue declined 80.9% from $15.0M a year earlier and diluted EPS declined 150.0% from $-0.02.

You can read the 8-K earnings release (0001907982-26-000057) and the 10-Q periodic report (0001907982-26-000059) directly on SEC EDGAR. The filing index links above go to sec.gov.