QBTS
Income statement / Annual
Last year (2023), D-Wave Quantum Inc.'s total revenue was $8.76 M,
an increase of 22.10% from the previous year.
In 2023, D-Wave Quantum Inc.'s net income was -$82.72 M.
See D-Wave Quantum Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
| Operating Revenue |
$8.76 M
|
$7.17 M
|
$6.28 M
|
$5.16 M
|
| Cost of Revenue |
$4.14 M |
$2.92 M |
$1.75 M |
$915,000.00 |
| Gross Profit |
$4.62 M |
$4.25 M |
$4.53 M |
$4.25 M |
| Gross Profit Ratio |
0.53 |
0.59 |
0.72 |
0.82 |
| Research and Development
Expenses |
$37.88 M
|
$32.10 M
|
$25.40 M
|
$20.41 M
|
| General & Administrative
Expenses |
$37.01 M
|
$21.54 M
|
$11.90 M
|
$11.59 M
|
| Selling & Marketing
Expenses |
$10.28 M
|
$10.07 M
|
$6.18 M
|
$3.71 M
|
| Selling, General &
Administrative Expenses |
$47.29 M
|
$31.61 M
|
$18.08 M
|
$15.30 M
|
| Other Expenses |
$0.00 |
$716,000.00 |
-$7.17 M |
-$12.03 M |
| Operating Expenses |
$85.17 M |
$63.71 M |
$36.31 M |
$23.69 M |
| Cost And Expenses |
$89.30 M |
$66.63 M |
$38.06 M |
$24.60 M |
| Interest Income |
$0.00 |
$5.67 M |
$1.73 M |
$48,914.00 |
| Interest Expense |
$37,000.00 |
$4.63 M |
$1.73 M |
$5.26 M |
| Depreciation &
Amortization |
$1.85 M
|
$2.33 M
|
$2.60 M
|
$2.73 M
|
| EBITDA |
-$80.83 M
|
-$49.03 M
|
-$34.36 M
|
-$14.06 M
|
| EBITDA Ratio |
-9.23 |
-7.07 |
-4.52 |
-2.66 |
| Operating Income Ratio
|
-9.2
|
-8.29
|
-5.06
|
-3.77
|
| Total Other
Income/Expenses Net |
-$2.17 M
|
$5.76 M
|
-$2.03 M
|
-$2.53 M
|
| Income Before Tax |
-$82.72 M |
-$51.53 M |
-$31.55 M |
-$10.02 M |
| Income Before Tax Ratio
|
-9.44
|
-7.18
|
-5.02
|
-1.94
|
| Income Tax Expense |
$0.00 |
-$12.56 M |
$2.53 M |
$8.23 M |
| Net Income |
-$82.72 M |
-$38.97 M |
-$34.07 M |
-$18.25 M |
| Net Income Ratio |
-9.44 |
-5.43 |
-5.43 |
-3.54 |
| EPS |
-0.6 |
-0.33 |
-0.27 |
-0.49 |
| EPS Diluted |
-0.6 |
-0.33 |
-0.27 |
-0.49 |
| Weighted Average Shares
Out |
$137.99 M
|
$119.65 M
|
$125.34 M
|
$37.50 M
|
| Weighted Average Shares
Out Diluted |
$137.99 M
|
$119.65 M
|
$125.34 M
|
$37.50 M
|
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