QBTSD-Wave Quantum Inc.

$7B

Q1 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$2M-7.6% YoY

Gross Profit

$421,00026.6% margin

Operating Income

-$25M-1559.7% margin

Net Income

-$24M-1541.8% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

-33.9%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$14M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$27M

Total Liabilities

$35M

Stockholders' Equity

-$7M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	-7.6%
Gross Profit	$421,000	$1M	-61.6%
Operating Income	-$25M	-$11M	-125.5%
Net Income	-$24M	-$12M	-111.3%

Revenue Segments

Professional Services

$406,00098%

Product and Service, Other

$9,0002%

Geographic Segments

Other Geographical Areas

$509,00032%

JAPAN

$308,00019%

GERMANY

$288,00018%

UNITED STATES

$247,00016%

UNITED KINGDOM

$231,00015%

QBTS Q1 2023 Earnings — D-Wave Quantum Inc. Revenue & Financial Results | Market Cap Arena