Gross Profit for D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's current gross profit (TTM) is $8.25M USD. 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 .
QBTS
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$8.25M
YoY change
+265.0%
5Y CAGR
+36.8%
Peak year (2025)
$20.31M
Cumulative gross profit
$43.52M
Gross Profit history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Gross Profit history table for D-Wave Quantum (QBTS) from 2020 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $20.31M | +265.0% | +$14.74M | ||
| 2024 | $5.56M | +20.4% | +$941,000 | ||
| 2023 | $4.62M | +8.8% | +$372,000 | ||
| 2022 | $4.25M | -6.2% | -$279,000 | ||
| 2021 | $4.53M | +6.7% | +$284,000 | ||
| 2020 | $4.25M | — | — |
Gross Profit values are taken from D-Wave Quantum's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
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.
Among 8 Technology peers, D-Wave Quantum (QBTS) ranks 9th; the peer median for gross profit is $98.38B.
D-Wave Quantum Gross Profit by Year
D-Wave Quantum Gross Profit 2025: $20.31M
D-Wave Quantum gross profit in 2025 was $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 gross profit in 2024 was $5.56M, grew 20.4% from 2023.
D-Wave Quantum Gross Profit 2023: $4.62M
D-Wave Quantum gross profit in 2023 was $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 — Gross Profit
Companies in the same sector as D-Wave Quantum, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| TSMC (TSM) | $2.30T | Technology |
| Apple (AAPL) | $195.20B | Technology |
| Microsoft (MSFT) | $193.89B | Technology |
| NVIDIA (NVDA) | $153.46B | Technology |
| Broadcom (AVGO) | $43.29B | Technology |
| ASML (ASML) | $17.26B | Technology |
| AMD (AMD) | $17.15B | Technology |
| Micron Technology (MU) | $14.87B | Technology |
Frequently asked questions
What is D-Wave Quantum's gross profit?
Latest reported gross profit for D-Wave Quantum (QBTS) is $8.25M (period ending March 31, 2026).
How has D-Wave Quantum gross profit changed year-over-year?
D-Wave Quantum (QBTS) gross profit changed +265.0% year-over-year on the latest annual filing.
What is the long-term growth rate of D-Wave Quantum gross profit?
D-Wave Quantum (QBTS) gross profit compound annual growth rate is +36.8% over the most recent 5 years available.
When did D-Wave Quantum gross profit hit its highest annual value?
D-Wave Quantum gross profit reached its highest annual value of $20.31M in 2025.
What was D-Wave Quantum gross profit in 2024?
D-Wave Quantum (QBTS) gross profit in 2024 was $5.56M.
What was D-Wave Quantum gross profit in 2025?
D-Wave Quantum (QBTS) gross profit in 2025 was $20.31M.
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