NYSE · Financial Statements

D-Wave Quantum Inc. (QBTS) Financial Statements

$14.57 NYSE: QBTS Market Cap $5.35B

D-Wave Quantum Inc. most recently reported annual revenue of $25.0M, net profit of $-355.0M, revenue has compounded at 38.0% a year over the last five years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Annual Financials (USD)

Metric20212022202320242025
Revenue$6.0M$7.0M$9.0M$9.0M$25.0M
Operating Profit$-39.0M$-59.0M$-81.0M$-77.0M$-100.0M
Net Profit$-41.0M$-54.0M$-83.0M$-144.0M$-355.0M
EPS$-0.33$-0.45$-0.60$-0.75$-1.11
Op Margin-620.3%-828.9%-919.7%-874.9%-408.2%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$29.0M$27.0M$59.0M$200.0M$916.0M
Total Liabilities$48.0M$56.0M$84.0M$137.0M$64.0M
Cash$9.0M$7.0M$41.0M$178.0M$635.0M
Borrowings$39.0M$42.0M$73.0M$38.0M$43.0M

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-35.0M$-45.0M$-61.0M$-43.0M$-72.0M
Investing Cash Flow$-4.0M$-1.0M$-1.0M$-5.0M$-255.0M
Financing Cash Flow$25.0M$5.0M$5.0M$-1.0M$-11.0M
Net Cash Flow$-12.0M$-2.0M$34.0M$137.0M$457.0M
Free Cash Flow$-37.0M$-46.0M$-61.0M$-45.0M$-76.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-1.53
EV / EBITDA-21.24
FCF Yield-2.06%
Quick Ratio20.42
Interest Coverage-17.73
Return 1Y8.44%
Return 3Y1329.31%
Return 5Y75.69%

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