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D-Wave Quantum QBTS Total Cost of Revenue

Total Cost of Revenue at other companies

International Business Machines logo
International Business MachinesIBM
$6.97B+7.0%
IonQ logo
IonQIONQ
$49.25M+1,041%
Alphabet Inc. logo
Alphabet Inc.GOOGL

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:CostOfRevenue.

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 total cost of revenue?
D-Wave Quantum (QBTS) reported total cost of revenue of $1.04M in Q1 2026.
How has D-Wave Quantum's total cost of revenue changed year-over-year?
D-Wave Quantum's total cost of revenue decreased by 7.5% year-over-year, from $1.12M to $1.04M.
What is the long-term trend for D-Wave Quantum's total cost of revenue?
Over 4 years (2021 to 2025), D-Wave Quantum's total cost of revenue has grown at a 25.1% compound annual growth rate (CAGR), from $1.75M to $4.28M.
What does total cost of revenue mean?
The direct costs incurred to produce the products or services sold.
How do you interpret total cost of revenue?
An increase relative to revenue suggests declining production efficiency or rising input costs, while a decrease suggests improved cost management.
How does total cost of revenue compare across companies?
Varies significantly by industry; technology companies typically have lower cost of revenue compared to manufacturing firms.