TTM
−$143.80M
YoY change
+30.0%
5Y CAGR
—
Peak year (2020)
−$31.47M
Cumulative operating income
−$442.74M
Operating Income history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Latest: −$100.37M
Operating Income growth chart for D-Wave Quantum (QBTS) from 2020 to 2025
Latest: +30.0%
Operating Income history table for D-Wave Quantum (QBTS) from 2020 to 2025
| 2025 | −$100.37M | +30.0% | −$23.14M | ||
| 2024 | −$77.22M | -4.1% | +$3.32M | ||
| 2023 | −$80.55M | +35.5% | −$21.09M | ||
| 2022 | −$59.46M | +52.7% | −$20.51M | ||
| 2021 | −$38.95M | +23.8% | −$7.48M | ||
| 2020 | −$31.47M | — | — |
- 2025−$100.37M+30.0%
- 2024−$77.22M-4.1%
- 2023−$80.55M+35.5%
- 2022−$59.46M+52.7%
- 2021−$38.95M+23.8%
- 2020−$31.47M—
Operating 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 Operating Income at D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's current operating income (TTM) is −$143.80M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
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) operating income totalled −$100.37M – grew 30.0% year-over-year.
2020 marks the peak operating income at −$31.47M, with the historical low of −$100.37M recorded in 2025.
D-Wave Quantum Operating Income by Year
D-Wave Quantum Operating Income 2025: −$100.37M
2025's operating income for D-Wave Quantum came in at −$100.37M, grew 30.0% from 2024. This figure represents the lowest annual value in the available history.
D-Wave Quantum Operating Income 2024: −$77.22M
D-Wave Quantum posted operating income of −$77.22M in 2024, edged down 4.1% below 2023.
D-Wave Quantum Operating Income 2023: −$80.55M
In 2023, D-Wave Quantum reported operating income of −$80.55M, surged 35.5% from 2022.
D-Wave Quantum Operating Income 2022: −$59.46M
D-Wave Quantum operating income in 2022 was −$59.46M, surged 52.7% from 2021.
D-Wave Quantum Operating Income 2021: −$38.95M
D-Wave Quantum operating income in 2021 was −$38.95M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers by Operating Income
Technology peers of D-Wave Quantum (QBTS), ranked by their latest operating income
| $133.05B | |
| $130.39B | |
| $128.53B | |
| $63.06B | |
| $25.48B | |
| $13.16B | |
| $9.87B | |
| $3.69B |
- $133.05B
- $130.39B
- $128.53B
- $63.06B
- $25.48B
- $13.16B
- $9.87B
- $3.69B
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