Net Income for D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's current net income (TTM) is -$368.00M USD. 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 .
QBTS
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
-$368.00M
YoY change
+146.8%
5Y CAGR
N/A
Peak year (2020)
-$21.97M
Cumulative net income
-$698.30M
Net Income history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Net Income history table for D-Wave Quantum (QBTS) from 2020 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | -$355.06M | +146.8% | -$211.18M | ||
| 2024 | -$143.88M | +73.9% | -$61.16M | ||
| 2023 | -$82.72M | +54.0% | -$29.01M | ||
| 2022 | -$53.70M | +31.1% | -$12.73M | ||
| 2021 | -$40.97M | +86.5% | -$19.01M | ||
| 2020 | -$21.97M | — | — |
Net Income 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
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.
Within Technology, D-Wave Quantum (QBTS) ranks 9th among 8 peers we track. The peer median for net income is $62.48B.
D-Wave Quantum Net Income by Year
D-Wave Quantum Net Income 2025: -$355.06M
D-Wave Quantum net income in 2025 was -$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 net income in 2024 was -$143.88M, surged 73.9% from 2023.
D-Wave Quantum Net Income 2023: -$82.72M
D-Wave Quantum net income in 2023 was -$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 — Net Income
Companies in the same sector as D-Wave Quantum, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| TSMC (TSM) | $1.74T | Technology |
| NVIDIA (NVDA) | $120.07B | Technology |
| Apple (AAPL) | $112.01B | Technology |
| Microsoft (MSFT) | $101.83B | Technology |
| Broadcom (AVGO) | $23.13B | Technology |
| ASML (ASML) | $9.61B | Technology |
| Micron Technology (MU) | $8.54B | Technology |
| AMD (AMD) | $4.33B | Technology |
Frequently asked questions
What is D-Wave Quantum's net income?
Latest reported net income for D-Wave Quantum (QBTS) is -$368.00M (period ending March 31, 2026).
How has D-Wave Quantum net income changed year-over-year?
D-Wave Quantum (QBTS) net income changed +146.8% year-over-year on the latest annual filing.
When did D-Wave Quantum net income hit its highest annual value?
D-Wave Quantum net income reached its highest annual value of -$21.97M in 2020.
What was D-Wave Quantum net income in 2024?
D-Wave Quantum (QBTS) net income in 2024 was -$143.88M.
What was D-Wave Quantum net income in 2025?
D-Wave Quantum (QBTS) net income in 2025 was -$355.06M.
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