QBTS Q4 2023 Earnings — D-Wave Quantum Inc. Revenue & Financial Results | Market Cap Arena

QBTSD-Wave Quantum Inc.

$7B

Q4 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3M+21.3% YoY

Gross Profit

$2M67.7% margin

Operating Income

-$17M-569.2% margin

Net Income

-$16M-563.7% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+13.4%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$15M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$59M

Total Liabilities

$84M

Stockholders' Equity

-$24M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$2M	+21.3%
Gross Profit	$2M	$1M	+57.4%
Operating Income	-$17M	-$22M	+23.3%
Net Income	-$16M	-$14M	-19.9%

Revenue Segments

Professional Services

$3M99%

Product and Service, Other

$18,0001%

Geographic Segments

Other Geographical Areas

$2M50%

UNITED STATES

$2M39%

GERMANY

$409,00011%

JAPAN

$39,0001%