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QBTS Q4 2024 Earnings — D-Wave Quantum Inc. Revenue & Financial Results | Market Cap Arena
QBTS
D-Wave Quantum Inc.
$7B
Q4 2024 Earnings
Technology
Computer Hardware
Income Statement
Revenue
$2M
-20.5% YoY
Gross Profit
$1M
63.8% margin
Operating Income
-$20M
-876.2% margin
Net Income
-$86M
-3727.9% margin
EPS (Diluted)
$-0.37
QoQ Revenue Growth
+23.5%
Cash Flow
Operating Cash Flow
$2M
Free Cash Flow
$1M
Stock-Based Comp.
$4M
Balance Sheet
Total Assets
$200M
Total Liabilities
$137M
Stockholders' Equity
$63M
Cash & Equivalents
$178M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$2M
$3M
-20.5%
Gross Profit
$1M
$2M
-25.1%
Operating Income
-$20M
-$17M
-22.3%
Net Income
-$86M
-$16M
-425.5%
Revenue Segments
Professional Services
$1M
99%
Product and Service, Other
$10,000
1%
Geographic Segments
Other Geographical Areas
$961,000
36%
CANADA
$521,000
19%
JAPAN
$509,000
19%
GERMANY
$407,000
15%
UNITED STATES
$306,000
11%
← FY 2024
All Quarters
Q1 2025 →