D-Wave Quantum
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. D-Wave Quantum's past years’ income statements indicate that its last revenue has increased compared to the previous period by 22% to $8,758,000. Profit margin reached -944%. Total operating expenses were $85,168,000.

Profit Margin

D-Wave Quantum Inc. (NYSE:QBTS): Profit margin
2020 5.16M -18.24M -353.59%
2021 6.27M -34.07M -542.67%
2022 7.17M -38.96M -543.25%
2023 8.75M -82.71M -944.45%

QBTS Income Statement (2020 – 2023)

2023 2022 2021 2020
Revenue
Revenue
8.75M7.17M6.27M5.16M
Cost of revenue
4.13M2.92M1.75M915K
Gross profit
4.62M4.25M4.52M4.24M
Operating exp.
Research and development
37.87M32.10M25.40M20.41M
Selling and marketing
10.27M10.06M6.17M3.71M
Total operating expenses
85.16M63.70M36.31M23.68M
Operating income
-80.54M-59.45M-31.78M-19.44M
Other income (expenses), net
-2.16M7.92M236K-2.52M
Income before tax
-82.71M-51.52M-31.54M-10.01M
Income tax expense
0-12.56M2.52M8.22M
Net income
-82.71M-38.96M-34.07M-18.24M
Earnings per share
Basic EPS
-0.6-0.33-0.27-0.49
Diluted EPS
-0.6-0.33-0.27-0.49
Data sourceData source