D-Wave Quantum annual gross profit
2020
2021
2022
2023
2024
2025
D-Wave Quantum Gross Profit Growth & History (QBTS)
D-Wave Quantum's gross profit was $20.3M for fiscal 2025.
View full D-Wave Quantum company overviewD-Wave Quantum annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $20.3M | $14.7M | +265.02% |
| 2024 | 2024-12-31 | $5.6M | $941,000 | +20.36% |
| 2023 | 2023-12-31 | $4.6M | $372,000 | +8.75% |
| 2022 | 2022-12-31 | $4.3M | −$279,000 | −6.16% |
| 2021 | 2021-12-31 | $4.5M | $284,000 | +6.69% |
| 2020 | 2020-12-31 | $4.2M | — | — |
D-Wave Quantum quarterly gross profit
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.7M | −$272,000 | −13.77% |
| Q1 2026 | 2026-03-31 | $1.8M | −$12.1M | −86.90% |
| Q4 2025 | 2025-12-31 | $1.8M | $311,000 | +21.11% |
| Q3 2025 | 2025-09-30 | $2.7M | $1.6M | +155.90% |
| Q2 2025 | 2025-06-30 | $2.0M | $588,000 | +42.36% |
| Q1 2025 | 2025-03-31 | $13.9M | $12.2M | +736.47% |
| Q4 2024 | 2024-12-31 | $1.5M | −$494,000 | −25.11% |
| Q3 2024 | 2024-09-30 | $1.0M | −$486,000 | −31.79% |
| Q2 2024 | 2024-06-30 | $1.4M | $683,000 | +96.88% |
| Q1 2024 | 2024-03-31 | $1.7M | $1.2M | +294.06% |
| Q4 2023 | 2023-12-31 | $2.0M | $606,000 | +44.53% |
| Q3 2023 | 2023-09-30 | $1.5M | $488,000 | +46.88% |
| Q2 2023 | 2023-06-30 | $705,000 | −$46,000 | −6.13% |
| Q1 2023 | 2023-03-31 | $421,000 | −$676,000 | −61.62% |
| Q4 2022 | 2022-12-31 | $1.4M | — | — |
| Q3 2022 | 2022-09-30 | $1.0M | $41,000 | +4.10% |
| Q2 2022 | 2022-06-30 | $751,000 | $62,000 | +9.00% |
| Q1 2022 | 2022-03-31 | $1.1M | — | — |
| Q3 2021 | 2021-09-30 | $1.0M | — | — |
| Q2 2021 | 2021-06-30 | $689,000 | — | — |
D-Wave Quantum gross profit trends
Over the last five fiscal years, D-Wave Quantum's gross profit increased from $4.2M to $20.3M, a change of $16.1M. The latest reported quarter, Q2 2026, shows $1.7M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review D-Wave Quantum source filings ↗