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D-Wave Quantum Inc. (QBTS)

For the quarter ending 2025-03-31, QBTS made $15,001K in revenue. -$4,923K in net income. Net profit margin of -32.82%.

Overview

Revenue
$15,001K
Net Income
-$4,923K
Net Profit Margin
-32.82%
EPS
-$0.02
Unit: Thousand (K) dollars
Revenue Breakdown
    • Transferred at point in time
    • Transferred over time
Revenue Breakdown
    • De
    • Other geographical areas
    • Us
    • Others
Revenue Breakdown
    • System sales
    • Qcaa s
    • Professional services
    • Product and service other

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-03-31
2024-09-30
2024-06-30
Revenue15,001 1,870 2,183
Cost of revenue-1,124 -827 -795
Total gross profit13,877 1,043 1,388
Sales and marketing6,923 3,752 4,401
Research and development10,288 8,668 8,355
General and administrative7,957 9,259 7,471
Total operating expenses-25,168 -21,679 -20,227
Loss from operations-11,291 -20,636 -18,839
Gain (loss) on investment in marketable equity securities- -8 -157
Change in fair value of term loan- -1,559 -275
Other income (expense), net2,153 195 458
Interest expense-226 -1,180 -1,160
Change in fair value of warrant liabilities3,943 476 2,195
Total other income (expense), net5,870 -2,076 1,061
Net loss-5,421 -22,712 -17,778
Foreign currency translation adjustment498 -151 22
Net comprehensive loss-4,923 -22,863 -17,756
Basic eps-0.02 -0.11 -0.1
Diluted eps-0.02 -0.11 -0.1
Basic average shares286,420,374 201,585,533 172,139,085
Diluted average shares286,420,374 201,585,533 172,139,085

Income Statement

Net comprehensiveloss-$4,923KForeign currencytranslation adjustment$498KChange in fair value ofwarrant liabilities-$3,943KOther income(expense), net$2,153KTransferred at point in time$12,664KTransferred over time$2,337KNet loss-$5,421KTotal other income(expense), net$5,870KRevenue$15,001KInterest expense$226KLoss from operations-$11,291KTotal gross profit$13,877KCost of revenue$1,124KTotal operatingexpenses$25,168KGeneral andadministrative$7,957KResearch and development$10,288KSales and marketing$6,923K