Revenue
2020
2021
2022
2023
2024
2025
D-Wave Quantum Inc. (QBTS)
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Net income
2020
2021
2022
2023
2024
2025
Free cash flow
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $24.6M | $8.8M | $8.8M | $7.2M | $6.3M | $5.2M |
| Gross profit | $20.3M | $5.6M | $4.6M | $4.3M | $4.5M | $4.2M |
| Research & development | $50.7M | $35.3M | $37.9M | $32.1M | $25.4M | $20.4M |
| Operating expenses | $120.7M | $82.8M | $85.2M | $63.7M | $43.5M | $35.7M |
| Operating income | −$100.4M | −$77.2M | −$80.5M | −$59.5M | −$38.9M | −$31.5M |
| EBITDAderived | −$98.8M | −$76.1M | −$79.5M | −$58.0M | −$37.4M | −$29.6M |
| Net income | −$355.1M | −$143.9M | −$82.7M | −$53.7M | −$41.0M | −$22.0M |
| Basic EPSper diluted share | -$1.11 | -$0.75 | -$0.60 | -$0.45 | -$0.33 | -$0.17 |
| Diluted EPSper diluted share | -$1.11 | -$0.75 | -$0.60 | -$0.45 | -$0.33 | -$0.17 |
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 · 10b5-1 | Ghai RohitDirector | SellCommon Stock, par value $0.0001 per share ("Common Stock") | 13.5K | $26.41 | $357.0K | 23.6K |
| Jun 15, 2026Form 4 | Markovich John M.Chief Financial Officer | SellCommon Stock, par value $0.0001 per share ("Common Stock") | 100.0K | $25.68 | $2.57M | 1.14M |
| Jun 15, 2026Form 4 | Markovich John M.Chief Financial Officer | SellCommon Stock, par value $0.0001 per share ("Common Stock") | 100.0K | $25.75 | $2.58M | 1.24M |
| Jun 12, 2026Form 4 | Markovich John M.Chief Financial Officer | SellCommon Stock, par value $0.0001 per share ("Common Stock") | 46.0K | $24.01 | $1.11M | 1.34M |
| Jun 9, 2026Form 4 | Markovich John M.Chief Financial Officer | SellCommon Stock, par value $0.0001 per share ("Common Stock") | 70 | $26.54 | $1.9K | 1.39M |