D-Wave Quantum Past Earnings Performance
Past criteria checks 0/6
D-Wave Quantum's earnings have been declining at an average annual rate of -33.1%, while the Software industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 17.3% per year.
Key information
-33.1%
Earnings growth rate
123.9%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 17.3% |
| Return on equity | n/a |
| Net Margin | -783.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How D-Wave Quantum makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 9 | -74 | 46 | 34 |
| 30 Jun 24 | 10 | -67 | 44 | 34 |
| 31 Mar 24 | 10 | -76 | 44 | 35 |
| 31 Dec 23 | 9 | -83 | 47 | 38 |
| 30 Sep 23 | 8 | -84 | 49 | 40 |
| 30 Jun 23 | 7 | -79 | 47 | 38 |
| 31 Mar 23 | 7 | -66 | 41 | 36 |
| 31 Dec 22 | 7 | -54 | 32 | 32 |
| 30 Sep 22 | 7 | -50 | 26 | 28 |
| 30 Jun 22 | 7 | -43 | 22 | 27 |
| 31 Mar 22 | 7 | -34 | 20 | 25 |
| 31 Dec 21 | 6 | -32 | 18 | 25 |
| 31 Dec 20 | 5 | -10 | 16 | 20 |
Quality Earnings: RQ0 is currently unprofitable.
Growing Profit Margin: RQ0 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RQ0 is unprofitable, and losses have increased over the past 5 years at a rate of 33.1% per year.
Accelerating Growth: Unable to compare RQ0's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RQ0 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (10.6%).
Return on Equity
High ROE: RQ0's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.