QBTS Q3 2023 Earnings — D-Wave Quantum Inc. Revenue & Financial Results | Market Cap Arena

QBTSD-Wave Quantum Inc.

$7B

Q3 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3M+51.2% YoY

Gross Profit

$2M59.7% margin

Operating Income

-$18M-718.5% margin

Net Income

-$16M-628.6% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+50.1%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$17M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$70M

Total Liabilities

$61M

Stockholders' Equity

$9M

Cash & Equivalents

$53M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$2M	+51.2%
Gross Profit	$2M	$1M	+46.9%
Operating Income	-$18M	-$15M	-21.4%
Net Income	-$16M	-$12M	-38.2%

Revenue Segments

Professional Services

$1M99%

Product and Service, Other

$9,0001%

Geographic Segments

UNITED STATES

$1M42%

Other Geographical Areas

$582,00023%

SWITZERLAND

$311,00012%

JAPAN

$299,00012%

GERMANY

$287,00011%