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QBTS Q4 2022 Earnings — D-Wave Quantum Inc. Revenue & Financial Results | Market Cap Arena
QBTS
D-Wave Quantum Inc.
$7B
Q4 2022 Earnings
Technology
Computer Hardware
Income Statement
Revenue
$2M
-1.3% YoY
Gross Profit
$1M
52.2% margin
Operating Income
-$22M
-900.2% margin
Net Income
-$14M
-570.4% margin
EPS (Diluted)
$-0.12
QoQ Revenue Growth
+41.3%
Cash Flow
Operating Cash Flow
-$11M
Free Cash Flow
-$11M
Stock-Based Comp.
$5M
Balance Sheet
Total Assets
$27M
Total Liabilities
$56M
Stockholders' Equity
-$29M
Cash & Equivalents
$7M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$2M
$2M
-1.3%
Gross Profit
$1M
$2M
-19.3%
Operating Income
-$22M
-$11M
-98.6%
Net Income
-$14M
-$14M
+1.3%
Revenue Segments
Professional Services
$666,000
97%
Product and Service, Other
$18,000
3%
Geographic Segments
Other Geographical Areas
$888,000
37%
UNITED STATES
$881,000
37%
GERMANY
$393,000
16%
JAPAN
$233,000
10%
← FY 2022
All Quarters
Q1 2023 →