Quick Answer
D-Wave Quantum Inc. reported Total Revenue of $24.59 million for fiscal year 2025.
D-Wave Quantum Inc. — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $24.59M +178.5% |
$8.83M +0.8% |
$8.76M +22.1% |
$7.17M +14.2% |
$6.28M +21.7% |
$5.16M |
| Revenue (ASC 606) | $24.59M +178.5% |
$8.83M +0.8% |
$8.76M +22.1% |
$7.17M +14.2% |
$6.28M +21.7% |
$5.16M |
| Net Income | -$355.06M -146.8% |
-$143.88M -73.9% |
-$82.72M -54.0% |
-$53.70M -70.2% |
-$31.55M -214.9% |
-$10.02M |
| Diluted EPS | -$1.11 -48.0% |
-$0.75 -25.0% |
-$0.60 -33.3% |
-$0.45 -80.0% |
-$0.25 -212.5% |
-$0.08 |
| Total Assets | $915.81M +358.2% |
$199.85M +236.7% |
$59.36M +120.3% |
$26.95M -17.4% |
$32.61M | — |
| Cash and Equivalents | $635.35M +257.0% |
$177.98M +330.9% |
$41.31M | — | — | — |
| Long-Term Debt | $35.83M +18.9% |
$30.13M -52.8% |
$63.85M +104.9% |
$31.17M +154.8% |
$12.23M | — |
| Stockholders Equity | $852.23M +1260.4% |
$62.65M +355.9% |
-$24.48M +16.9% |
-$29.46M -60.5% |
-$18.36M -156.1% |
$32.73M +131.5% |
| R&D Expense | $50.73M +43.7% |
$35.30M -6.8% |
$37.88M +18.0% |
$32.10M +26.4% |
$25.40M +24.4% |
$20.41M |
| Operating Income | -$100.37M -30.0% |
-$77.22M +4.1% |
-$80.55M -35.5% |
-$59.46M -52.7% |
-$38.95M -23.8% |
-$31.47M |
| Gross Profit | $20.31M +265.0% |
$5.56M +20.4% |
$4.62M +8.8% |
$4.25M -6.2% |
$4.53M +6.7% |
$4.25M |
| Shares Outstanding | 358.74M +34.6% |
266.60M +65.5% |
161.11M +46.5% |
110.01M +3804.5% |
2.82M | — |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $3.74M | +99.9% | +20.8% |
| Revenue (ASC 606) | September 30, 2025 | $3.74M | +99.9% | +20.8% |
| Net Income | September 30, 2025 | -$139.99M | -516.4% | +16.3% |
| Diluted EPS | September 30, 2025 | -$0.41 | -272.7% | +25.5% |
| Total Assets | September 30, 2025 | $865.82M | +1647.0% | +2.6% |
| Cash and Equivalents | September 30, 2025 | $836.23M | — | +2.1% |
| Long-Term Debt | September 30, 2025 | $32.05M | +0.1% | -0.0% |
| Stockholders Equity | September 30, 2025 | $670.55M | +4064.3% | -3.4% |
| R&D Expense | September 30, 2025 | $14.07M | +62.4% | +10.9% |
| Operating Income | September 30, 2025 | -$27.74M | -34.4% | -4.7% |
| Gross Profit | September 30, 2025 | $2.67M | +155.9% | +35.1% |
| Shares Outstanding | September 30, 2025 | 345.97M | +66.4% | +1.8% |
- D-Wave Quantum Inc. reported Total Revenue of $24.59 million for fiscal year 2025.
- D-Wave Quantum Inc. showed an increase of +178.5% in Total Revenue compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Revenue (ASC 606) of $24.59 million for fiscal year 2025.
- D-Wave Quantum Inc. showed an increase of +178.5% in Revenue (ASC 606) compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Net Income of -$355.06 million for fiscal year 2025.
- D-Wave Quantum Inc. showed a decrease of -146.8% in Net Income compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Diluted EPS of $1.11 per share (loss) for fiscal year 2025.
- D-Wave Quantum Inc. showed a decrease of -48.0% in Diluted EPS compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Total Assets of $915.81 million for fiscal year 2025.
- D-Wave Quantum Inc. showed an increase of +358.2% in Total Assets compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Cash and Equivalents of $635.35 million for fiscal year 2025.
- D-Wave Quantum Inc. showed an increase of +257.0% in Cash and Equivalents compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Long-Term Debt of $35.83 million for fiscal year 2025.
- D-Wave Quantum Inc. showed an increase of +18.9% in Long-Term Debt compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Stockholders Equity of $852.23 million for fiscal year 2025.
- D-Wave Quantum Inc. showed an increase of +1260.4% in Stockholders Equity compared to the prior fiscal year.
- D-Wave Quantum Inc. reported R&D Expense of $50.73 million for fiscal year 2025.
- D-Wave Quantum Inc. showed an increase of +43.7% in R&D Expense compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Operating Income of -$100.37 million for fiscal year 2025.
- D-Wave Quantum Inc. showed a decrease of -30.0% in Operating Income compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Gross Profit of $20.31 million for fiscal year 2025.
- D-Wave Quantum Inc. showed an increase of +265.0% in Gross Profit compared to the prior fiscal year.
- D-Wave Quantum Inc. reported Shares Outstanding of 358.74 million shares for fiscal year 2025.
- D-Wave Quantum Inc. showed an increase of +34.6% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: