Company Analysis

D-Wave Quantum Inc. (QBTS)

Nasdaq: QBTS · Services-Computer Processing & Data Preparation · Palo Alto, CA · filing with the SEC since 2022
Grade4.3
◀ Past 3.3● Present 3.3▶ Future 6.8
1 est.
The companyfiscal 2025, as filed
Revenue$24.6M+178.5%
Net income-$355M-146.8%
Earnings per share$-1.11-48.0%
Operating cash flow-$72.0M-68.8%
Cash$635M+257.0%
Debt$35.8M+18.9%
Shareholders’ equity$852M+1260.4%
Shares, diluted321.2M+67.2%
Return on equity-41.7%
The recordfrom its filings
Filings in 2026143
Newest filingNov 12 · 8-K
Annual reportFeb 26, 2026
Quarterly reportAug 6, 2026
Next report due10-Q by Nov 14
Insider sales, 12 months$107M
Insider buys, 12 months$0.00
Patents granted292
Filer categoryNon-accelerated filer
Trailing twelve months to Jun 2026Revenue $12.4MNet income -$249MCash from operations -$111Mthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
202122232425
As filed, in USD. Nothing here is a forecast.

News

Nov 12, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Nov 10, 2026 · SEC EDGAR · Form 8-K
Results released
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Nov 4, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Oct 30, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 28, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Oct 16, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 16, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 16, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 16, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
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SI Assistanton QBTS · research, not advice