TTM
$8.25M
YoY change
+265.0%
5Y CAGR
+36.8%
Peak year (2025)
$20.31M
Cumulative gross profit
$45.33M
Gross Profit history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Latest: $20.31M
Gross Profit growth chart for D-Wave Quantum (QBTS) from 2020 to 2025
Latest: +265.0%
Gross Profit history table for D-Wave Quantum (QBTS) from 2020 to 2025
| 2025 | $20.31M | +265.0% | +$14.74M | ||
| 2024 | $5.56M | +20.4% | +$941.00K | ||
| 2023 | $4.62M | +8.8% | +$372.00K | ||
| 2022 | $4.25M | -6.2% | −$279.00K | ||
| 2021 | $4.53M | +6.7% | +$284.00K | ||
| 2020 | $4.25M | — | — |
- 2025$20.31M+265.0%
- 2024$5.56M+20.4%
- 2023$4.62M+8.8%
- 2022$4.25M-6.2%
- 2021$4.53M+6.7%
- 2020$4.25M—
Gross Profit values are taken from D-Wave Quantum's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's current gross profit (TTM) is $8.25M. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, D-Wave Quantum (QBTS) gross profit totalled $20.31M – surged 265.0% year-over-year.
D-Wave Quantum gross profit has grown for 3 consecutive years, with a +36.8% compound annual growth rate over 2020–2025 (5 years).
The highest annual gross profit of $20.31M was reported in 2025. The lowest in the available history was $4.25M in 2020.
D-Wave Quantum Gross Profit by Year
D-Wave Quantum Gross Profit 2025: $20.31M
2025's gross profit for D-Wave Quantum came in at $20.31M, surged 265.0% from 2024. This figure represents the highest annual value in the available history.
D-Wave Quantum Gross Profit 2024: $5.56M
D-Wave Quantum posted gross profit of $5.56M in 2024, grew 20.4% from 2023.
D-Wave Quantum Gross Profit 2023: $4.62M
In 2023, D-Wave Quantum reported gross profit of $4.62M, grew 8.8% from 2022.
D-Wave Quantum Gross Profit 2022: $4.25M
D-Wave Quantum gross profit in 2022 was $4.25M, declined 6.2% below 2021.
D-Wave Quantum Gross Profit 2021: $4.53M
D-Wave Quantum gross profit in 2021 was $4.53M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers by Gross Profit
Technology peers of D-Wave Quantum (QBTS), ranked by their latest gross profit
| $195.20B | |
| $193.89B | |
| $153.46B | |
| $74.32B | |
| $43.29B | |
| $20.09B | |
| $17.15B | |
| $14.87B |
- $195.20B
- $193.89B
- $153.46B
- $74.32B
- $43.29B
- $20.09B
- $17.15B
- $14.87B
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D-Wave Quantum (QBTS) Key Financials
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