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D-Wave Quantum QBTS Other — Revenue

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Other financials

Income statement

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Revenue$2.9M-80.9%
Gross profit$1.8M-86.9%
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

Reported directly by D-Wave Quantum in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 other — revenue?
D-Wave Quantum (QBTS) reported other — revenue of $470K in Q1 2026.
How has D-Wave Quantum's other — revenue changed year-over-year?
D-Wave Quantum's other — revenue decreased by 48.6% year-over-year, from $915K to $470K.
What is the long-term trend for D-Wave Quantum's other — revenue?
Over 4 years (2021 to 2025), D-Wave Quantum's other — revenue has grown at a 41.7% compound annual growth rate (CAGR), from $499K to $2.01M.
What does other — revenue mean?
This metric represents the total revenue generated from geographical regions or business activities that do not meet the quantitative thresholds for separate reporting. It captures income streams from emerging markets or ancillary service areas that are not classified under the company's primary geographic or product segments. Monitoring this helps investors understand the diversification of revenue sources outside of core operational territories.