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D-Wave Quantum Inc.

QBTS · XNAS

CIK 1907982fmd_1VWHCDFDCHPTVEHKVNJTT1HMN7Services · Services-Computer Processing & Data PreparationTemplate: Standard

Coverage: Jan 01, 2020 to Jun 30, 2026, 22 periods

Income Statement · Annual · Millions · USD
Line itemFY2020FY2021FY2022FY2023FY2024FY2025
Total revenues5679925
Cost of revenue123434
Gross profit4545620
Realized investment gains (losses)01001(0)
Research and development202532383551
Selling, general and administrative151832474770
Total operating expenses3643648583121
Operating income(31)(39)(59)(81)(77)(100)
Interest expense525–44
Interest and investment income––––224
Other non-operating income (expense)10(2)6(2)(67)(255)
Income before taxes(22)(41)(54)(83)(144)(355)
Income tax expense–––––0
Net income from continuing operations–––––(355)
Net income(22)(41)(54)(83)(144)(355)
Net income to common shareholders(22)(41)(54)(83)(144)(355)