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D-Wave Quantum QBTS Gross Profit

Gross Profit at other companies

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International Business MachinesIBM
$8.95B+11.4%
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Alphabet Inc.GOOGL
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IonQIONQ

Other financials

Income statement

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Revenue$2.9M-80.9%
Operating income-$54.7M-385%
Net income-$18.4M-239%
EPS (diluted)-$0.05-150%

Balance sheet

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Cash & equivalents$338.2M+11.1%
Total debt$46.7M+22.5%
Total equity$1.1B+442%
Total assets$1.2B+268%

Cash flow

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Operating cash flow-$45.0M-133%
CapEx$1.1M+147%
Free cash flow-$46.0M-134%

Valuation

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Market cap$9.15B+141%
Enterprise value$8.85B+159%
P/S735×+557×

Profitability

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Gross margin66.3%-17.0pp
Operating margin-1,155.6%-1,938pp
Net margin-2,957.2%-4,019pp
FCF margin-821%-1,451pp

Returns & leverage

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Return on equity-55.3%
Debt / equity-0.1×
Current ratio21.4×+0.7×

Where this comes from

Calculated from D-Wave Quantum’s reported figures.

The official record: D-Wave Quantum’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is D-Wave Quantum's gross profit?
D-Wave Quantum (QBTS) reported gross profit of $1.82M in Q1 2026.
How has D-Wave Quantum's gross profit changed year-over-year?
D-Wave Quantum's gross profit decreased by 86.9% year-over-year, from $13.88M to $1.82M.
What is the long-term trend for D-Wave Quantum's gross profit?
Over 4 years (2021 to 2025), D-Wave Quantum's gross profit has grown at a 45.5% compound annual growth rate (CAGR), from $4.53M to $20.31M.
What does gross profit mean?
The profit made after subtracting the direct costs of producing goods or services.
How do you interpret gross profit?
Higher gross profit indicates better pricing power or more efficient production processes.
How does gross profit compare across companies?
High gross margins are typical for software and IP-heavy companies, while lower margins are common in hardware-intensive industries.