Revenue
$12.42M
Fiscal year ended 2026-06-30Operating income
-$170.58M
Fiscal year ended 2026-06-30Free cash flow
-$119.08M
Fiscal year ended 2026-06-30D-Wave Quantum Inc. (QBTS) reported revenue of $12.42M and net income of -$248.70M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from D-Wave Quantum Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Computer Processing & Data Preparation.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $12.42M |
| Cost of revenue | $4.45M |
| Gross profit | $7.98M |
| Operating income | -$170.58M |
| Net income | -$248.70M |
| Research & development | $81.78M |
| Weighted-average diluted shares | Unavailable |
| Pretax income | Unavailable |
| Income tax expense | Unavailable |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $96.77M |
| General & administrative | $59.74M |
| Selling & marketing | $37.03M |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $296.64M |
| Total assets | $1.16B |
| Current assets | $560.59M |
| Total liabilities | $75.32M |
| Current liabilities | $27.29M |
| Total equity incl. NCI | $1.08B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $3.49M |
| Accounts receivable | $2.02M |
| Goodwill | $342.59M |
| Long-term debt | $34.89M |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | -$110.88M |
| Capital expenditures | $8.20M |
| Investing cash flow | -$511.36M |
| Financing cash flow | $99.36M |
| Net change in cash | -$522.67M |
| Stock-based compensation | $31.12M |
| Common dividends paid | Unavailable |
| Common share repurchases | Unavailable |
| Depreciation & amortization | $9.38M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | -$119.08M |
| Gross margin | 64.2% |
| Operating margin | -1372.9% |
| FCF margin | -958.4% |
| SBC / revenue | 250.5% |
| Current ratio | 20.55x |
| Revenue YoY growth | -44.2% |
| Net margin | -2001.6% |
| R&D / revenue | 658.2% |
| CapEx / revenue | 66.0% |
| Long-term debt / equity | 0.03x |
| Effective tax rate | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open QBTS in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-12View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.