QBTS Q4 2024 Earnings — D-Wave Quantum Inc. Revenue & Financial Results | Market Cap Arena

QBTSD-Wave Quantum Inc.

$7B

Q4 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$2M-20.5% YoY

Gross Profit

$1M63.8% 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

$1M99%

Product and Service, Other

$10,0001%

Geographic Segments

Other Geographical Areas

$961,00036%

CANADA

$521,00019%

JAPAN

$509,00019%

GERMANY

$407,00015%

UNITED STATES

$306,00011%