QBTS Q1 2022 Earnings — D-Wave Quantum Inc. Revenue & Financial Results | Market Cap Arena

QBTSD-Wave Quantum Inc.

$7B

Q1 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$2M+21.5% YoY

Gross Profit

$1M64.0% margin

Operating Income

-$11M-639.3% margin

Net Income

-$12M-674.4% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-29.4%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$10M

Stock-Based Comp.

$783,000

Balance Sheet

Total Assets

$41M

Total Liabilities

$49M

Stockholders' Equity

-$8M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$1M	+21.5%
Gross Profit	$1M	$1M	-1.3%
Operating Income	-$11M	-$9M	-22.2%
Net Income	-$12M	-$9M	-30.9%