Ticker League

TTM

−$368.00M

YoY change

+146.8%

5Y CAGR

Peak year (2020)

−$21.97M

Net Income history chart for D-Wave Quantum (QBTS) from 2020 to 2025

Latest: −$355.06M

Net Income growth chart for D-Wave Quantum (QBTS) from 2020 to 2025

Latest: +146.8%

Net Income history table for D-Wave Quantum (QBTS) from 2020 to 2025

  • 2025−$355.06M+146.8%
  • 2024−$143.88M+73.9%
  • 2023−$82.72M+54.0%
  • 2022−$53.70M+31.1%
  • 2021−$40.97M+86.5%
  • 2020−$21.97M

Net Income 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 Net Income at D-Wave Quantum (QBTS)

According to D-Wave Quantum's latest reported financial statements, the company's current net income (TTM) is −$368.00M. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, D-Wave Quantum (QBTS) reported net income of −$355.06M – surged 146.8% year-over-year.

The highest annual net income of −$21.97M was reported in 2020. The lowest in the available history was −$355.06M in 2025.

D-Wave Quantum Net Income by Year

D-Wave Quantum Net Income 2025: −$355.06M

2025's net income for D-Wave Quantum came in at −$355.06M, surged 146.8% from 2024. This figure represents the lowest annual value in the available history.

D-Wave Quantum Net Income 2024: −$143.88M

D-Wave Quantum posted net income of −$143.88M in 2024, surged 73.9% from 2023.

D-Wave Quantum Net Income 2023: −$82.72M

In 2023, D-Wave Quantum reported net income of −$82.72M, surged 54.0% from 2022.

D-Wave Quantum Net Income 2022: −$53.70M

D-Wave Quantum net income in 2022 was −$53.70M, surged 31.1% from 2021.

D-Wave Quantum Net Income 2021: −$40.97M

D-Wave Quantum net income in 2021 was −$40.97M.

See more financial history for D-Wave Quantum (QBTS).

Sector peers by Net Income

Technology peers of D-Wave Quantum (QBTS), ranked by their latest net income

Frequently asked questions