D-Wave Quantum Inc. (QBTS)

SEC fundamentals · as filed in 10-Q FY2026, period ended Jun 30, 2026 · updated Oct 7, 2026

Verified against EDGAR
Total Assets
$1.16B
Stockholders' Equity
$1.08B
Cash & Equivalents
$296.6M
Long-Term Debt
$34.9M

as filed in 10-Q FY2026, period ended Jun 30, 2026 · View filings on EDGAR ↗

In its 10-Q for the period ended Jun 30, 2026, D-Wave Quantum Inc. reported revenue of $3.1M, net income of -$48.0M, and total assets of $1.16B. Every figure below is taken directly from D-Wave Quantum Inc.'s SEC filings: each links to the source document on EDGAR.

Revenue trend

Revenue · FY2020–FY2025 · as reported

$24.6M-$165.2M-$355.1M
FY2020FY2022FY2024FY2025
Revenue$24.6MNet income-$355.1M
FY2020 revenue
$5.2M
FY2025 revenue
$24.6M

Revenue and net income by fiscal year

As reported in each year’s annual filing · USD

Fiscal yearRevenueNet income
FY2025$24.6M-$355.1M
FY2024$8.8M-$143.9M
FY2023$8.8M-$82.7M
FY2022$7.2M-$53.7M
FY2021$6.3M-$31.5M
FY2020$5.2M-$10.0M

Recent SEC filings

Filed by the registrant · newest first · insider forms and holder schedules not included

FormFiledSource
8-KOct 28, 2026on EDGAR ↗
8-KOct 1, 2026on EDGAR ↗
8-KSep 21, 2026on EDGAR ↗
8-KSep 17, 2026on EDGAR ↗
8-KSep 15, 2026on EDGAR ↗
8-KSep 10, 2026on EDGAR ↗
8-KSep 8, 2026on EDGAR ↗
8-KAug 25, 2026on EDGAR ↗
8-KAug 18, 2026on EDGAR ↗
8-KAug 17, 2026on EDGAR ↗

All filings on EDGAR ↗

Balance Sheet

as of Jun 30, 2026 · 10-Q

Total Assets$1.16Bsource ↗
Stockholders’ Equity$1.08Bsource ↗
Cash & Equivalents$296.6Msource ↗
Long-Term Debt$34.9Msource ↗

Income Statement

10-Q (quarterly) · period ended Jun 30, 2026

Revenue$3.1Msource ↗
Net Income-$48.0Msource ↗
Operating Income-$53.3Msource ↗
Gross Profit$1.7Msource ↗
Cost of Revenue$1.4Msource ↗
R&D Expense$28.2Msource ↗

Per Share & Cash Flow

10-Q (quarterly) · period ended Jun 30, 2026

EPS (diluted)$-0.13source ↗
EPS (basic)$-0.13source ↗
Shares Outstanding369.3Msource ↗
Cash from Operations-$28.5Msource ↗
Cash from Financing-$4.7Msource ↗
Cash from Investing-$8.5Msource ↗

Insider activity

Form 4 open-market activity, last 180 days

Buys
0
Sells
14
Net shares
-1.4M

Restatement history

Point-in-time

14 of 183 annual fact-keys were materially restated between filings: what D-Wave Quantum Inc. first reported differed from what it later filed. We keep every vintage of every annual figure, each keyed to its EDGAR accession.

See each original-vs-restated value, and query any company as of any past date, with the point-in-time API.

Deeper fundamentals

A free API key reaches QBTS’s revenue, margin and free-cash-flow trajectory (newest 3 fiscal years) and its leverage, liquidity and return ratios (newest 4 quarters). Analyst extends those to up to 20 years and 20 quarters, and adds the Piotroski F-score and accruals quality score. As-of fundamentals at any past date are on Free too, up to 10 lookups a day; Analyst removes that cap and adds the original-vs-restated detail, across the whole SEC universe.

Programmatic access

Everything on this page is served by the Distill API and by the MCP server at mcp.distillmarkets.com. A free key is issued at sign-up with no card; the full reference is in the docs.

These fundamentals, as filed
curl
curl -H "X-Api-Key: $DISTILL_API_KEY" \
https://api.distillmarkets.com/api/v1/sec/fundamentals/QBTS

MCP tool: get_sec_fundamentals ticker=QBTS

The same figures as they were known on any past date
curl
curl -H "X-Api-Key: $DISTILL_API_KEY" \
https://api.distillmarkets.com/api/v1/sec/fundamentals/QBTS/as-of/YYYY-MM-DD

MCP tool: get_asof_fundamentals ticker=QBTS as_of=YYYY-MM-DD

Fiscal-year trajectory: revenue, margins, free cash flow
curl
curl -H "X-Api-Key: $DISTILL_API_KEY" \
https://api.distillmarkets.com/api/v1/sec/fundamentals/QBTS/history

MCP tool: get_fundamentals_history ticker=QBTS

Leverage, liquidity, margin and return ratios
curl
curl -H "X-Api-Key: $DISTILL_API_KEY" \
https://api.distillmarkets.com/api/v1/sec/financial-health/QBTS

MCP tool: get_financial_health ticker=QBTS

Not investment advice. Figures are shown as filed with the SEC; see the EDGAR source links for the original documents. Data may lag the latest filing.