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 20% 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 | 17.3% |
| 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
Quantum Could Be 2025's Buzzword, But I Think D-Wave Quantum Is Dangerously Poised
Dec 28D-Wave Quantum: Not Chasing This Rally Based Solely On Hope
Dec 16Why I'm Doubling Down On D-Wave Quantum During This Pullback
Nov 27The Trump-Musk Effect: Can D-Wave Quantum Sustain Its Meteoric Rise Amid Financial Turmoil?
Nov 19D-Wave: Buying Before Earnings
Oct 30D-Wave: Aiming To Leverage Zapata's Industrial Generative AI
Mar 08Quantum Races: D-Wave's Bold Bet Against Giants
Oct 23D-Wave Q2: Profitability Issues, But Its Product Is Seeing Traction From AI
Aug 11D-Wave: Quantum Computing Might Be With Us
Jun 04D-Wave and Davidson Technologies enter multi-year reseller agreement
Jan 05D-Wave Quantum GAAP EPS of -$0.11, revenue of $1.7M
Nov 10D-Wave Quantum: Revolutionary Product That Could Change The World
Oct 11Revenue & 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: QBTS is currently unprofitable.
Growing Profit Margin: QBTS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QBTS is unprofitable, and losses have increased over the past 5 years at a rate of 33.1% per year.
Accelerating Growth: Unable to compare QBTS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QBTS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.6%).
Return on Equity
High ROE: QBTS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 22:40 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
D-Wave Quantum Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Williams | Benchmark Company |
| Craig Ellis | B. Riley Securities, Inc. |
| Christian Schwab | Craig-Hallum Capital Group LLC |