D-Wave Quantum Inc. (QBTS) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 2.86M | 2.75M | 3.74M | 3.1M | 15M | 2.31M | 1.87M | 2.18M | 2.46M | 2.91M | 2.56M | 1.71M |
| Revenue Growth % | -80.95% | 19.19% | 99.95% | 41.78% | 508.56% | -20.54% | -27.01% | 27.89% | 55.72% | 21.34% | 51.15% | 24.51% |
| Cost of Goods Sold | 1.04M | 968K | 1.07M | 1.12M | 1.12M | 836K | 827K | 795K | 806K | 939K | 1.03M | 1M |
| COGS % of Revenue | 36.39% | 35.17% | 28.62% | 36.16% | 7.49% | 36.21% | 44.22% | 36.42% | 32.7% | 32.31% | 40.32% | 58.7% |
| Gross Profit | 1.82M | 1.78M | 2.67M | 1.98M | 13.88M | 1.47M | 1.04M | 1.39M | 1.66M | 1.97M | 1.53M | 705K |
| Gross Margin % | 63.61% | 64.83% | 71.38% | 63.84% | 92.51% | 63.79% | 55.78% | 63.58% | 67.3% | 67.69% | 59.68% | 41.3% |
| Gross Profit Growth % | -86.9% | 21.11% | 155.9% | 42.36% | 736.47% | -25.11% | -31.79% | 96.88% | 294.06% | 57.36% | 46.88% | -6.13% |
| Operating Expenses | 56.55M | 36.62M | 30.41M | 28.48M | 25.17M | 21.7M | 21.68M | 20.23M | 19.18M | 18.51M | 19.94M | 21.61M |
| OpEx % of Revenue | 1978.48% | 1330.78% | 813.19% | 920.13% | 167.78% | 940.02% | 1159.3% | 926.57% | 777.89% | 636.92% | 778.14% | 1266.08% |
| Selling, General & Admin | 30.75M | 22.95M | 16.33M | 15.78M | 14.88M | 11.95M | 13.01M | 11.87M | 10.65M | 10.55M | 10.48M | 12.06M |
| SG&A % of Revenue | 1076% | 833.79% | 436.75% | 509.98% | 99.19% | 517.67% | 695.78% | 543.84% | 432.05% | 363.15% | 408.94% | 706.74% |
| Research & Development | 25.79M | 13.68M | 14.07M | 12.69M | 10.29M | 9.75M | 8.67M | 8.36M | 8.53M | 7.96M | 9.46M | 9.55M |
| R&D % of Revenue | 902.48% | 496.98% | 376.44% | 410.15% | 68.58% | 422.35% | 463.53% | 382.73% | 345.84% | 273.78% | 369.2% | 559.34% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -54.73M | -34.84M | -27.74M | -26.5M | -11.29M | -20.23M | -20.64M | -18.84M | -17.52M | -16.54M | -18.41M | -20.91M |
| Operating Margin % | -1914.87% | -1265.95% | -741.8% | -856.28% | -75.27% | -876.22% | -1103.53% | -862.99% | -710.59% | -569.24% | -718.46% | -1224.78% |
| Operating Income Growth % | -384.7% | -72.2% | -34.41% | -40.68% | 35.54% | -22.31% | -12.11% | 9.89% | 29.06% | 23.27% | -21.39% | -68.56% |
| EBITDA | -54.73M | -34.16M | -27.37M | -26M | -10.74M | -19.66M | -20.19M | -18.36M | -17.09M | -16.1M | -18.02M | -20.43M |
| EBITDA Margin % | -1914.87% | -1241.32% | -731.93% | -839.9% | -71.58% | -851.36% | -1079.47% | -841% | -693.23% | -553.96% | -703.51% | -1197.07% |
| EBITDA Growth % | -409.66% | -73.78% | -35.57% | -41.59% | 37.16% | -22.11% | -12% | 10.15% | 29.23% | 22.81% | -21.81% | -72.03% |
| D&A (Non-Cash Add-back) | 0 | 678K | 369K | 507K | 553K | 574K | 450K | 480K | 428K | 444K | 383K | 473K |
| EBIT | -54.73M | -38.95M | -139.78M | -167.12M | -5.2M | -85.66M | -21.53M | -16.62M | -16.17M | -18.82M | -15.07M | -25.61M |
| Net Interest Income | -5.79M | 4.74M | -201K | -206K | -226K | -417K | -1.18M | -1.16M | -1.14M | 1.78M | -1.76M | -1.97M |
| Interest Income | 0 | 8.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.78M | 0 | 0 |
| Interest Expense | 5.79M | 3.38M | 201K | 206K | 226K | 417K | 1.18M | 1.16M | 1.14M | 0 | 1.76M | 1.97M |
| Other Income/Expense | 7.92M | -7.49M | -112.25M | -140.83M | 5.87M | -65.84M | -2.08M | 1.06M | 204K | 162K | 2.3M | -5.28M |
| Pretax Income | -46.81M | -42.33M | -139.99M | -167.33M | -5.42M | -86.08M | -22.71M | -17.78M | -17.31M | -16.38M | -16.11M | -26.19M |
| Pretax Margin % | -1637.82% | -1538.01% | -3743.94% | -5406.43% | -36.14% | -3727.89% | -1214.55% | -814.38% | -702.31% | -563.66% | -628.65% | -1534.21% |
| Income Tax | -28.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 60.78% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -18.36M | -42.33M | -139.99M | -167.33M | -5.42M | -86.08M | -22.71M | -17.78M | -17.31M | -16.38M | -16.11M | -26.19M |
| Net Margin % | -642.3% | -1538.01% | -3743.94% | -5406.43% | -36.14% | -3727.89% | -1214.55% | -814.38% | -702.31% | -563.66% | -628.65% | -1534.21% |
| Net Income Growth % | -238.63% | 50.83% | -516.35% | -841.21% | 68.69% | -425.5% | -41.02% | 32.12% | 29.07% | -19.9% | -38.25% | -112.97% |
| Net Income (Continuing) | -18.36M | -42.33M | -139.99M | -167.33M | -5.42M | -86.08M | -22.71M | -17.78M | -17.31M | -16.38M | -16.11M | -26.19M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.05 | -0.12 | -0.41 | -0.57 | -0.02 | -0.37 | -0.11 | -0.10 | -0.11 | -0.10 | -0.12 | -0.20 |
| EPS Growth % | -164.55% | 67.57% | -272.73% | -470% | 82.82% | -270% | 8.33% | 50% | 45% | 16.67% | -28.76% | -53.85% |
| EPS (Basic) | -0.05 | -0.12 | -0.41 | -0.57 | -0.02 | -0.37 | -0.11 | -0.10 | -0.11 | -0.10 | -0.12 | -0.20 |
| Diluted Shares Outstanding | 367.47M | 352.93M | 342.2M | 294.4M | 286.42M | 233M | 201.59M | 172.14M | 161.31M | 158.87M | 133.22M | 127.34M |
| Basic Shares Outstanding | 367.47M | 352.93M | 341.43M | 294.4M | 286.42M | 233M | 201.59M | 172.14M | 161.31M | 158.87M | 133.22M | 127.34M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |