$17.45
▲ +0.6% Today
as of Jul 22, 16:53 ET
Last 30 days
Recent Press Releases & News
D-Wave Quantum (QBTS) Could Be 56% Undervalued On A More Bullish Analyst View
After Plunging 32.2% in 4 Weeks, Here's Why the Trend Might Reverse for D-WAVE QUANTUM (QBTS)
Has D Wave Quantum (QBTS) Become Too Expensive After Its 7x Run?
Overview
52-week range
$13
$47
14% of range
Avg surprise (last 3)
-235.6%
Avg reaction (last 2)
+22.1%
50% positive
Latest IV / EM
100%
EM ±5.9% · $18 · Jul 24
Earnings trends
EPS — actual vs estimate
Actual Estimate
Revenue vs Net Income
Revenue Net income
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Tue May 12, 2026 | Mar/2026 | $-0.05 | $-0.10 | +50.0% | -150.0% | -7.0% | earnings |
| Tue Sep 30, 2025 | Sep 2025 | $-0.41 | — | — | — | — | financials |
| Thu Aug 7, 2025 | Jun/2025 | $-0.55 | $-0.06 | -816.7% | — | — | earnings |
| Thu May 8, 2025 | Mar/2025 | $-0.02 | $-0.05 | +60.0% | — | +51.2% | earnings |
| Mon Sep 30, 2024 | Sep 2024 | $-0.11 | — | — | — | — | financials |
| Sun Jun 30, 2024 | Jun 2024 | $-0.10 | — | — | — | — | financials |
| Sun Mar 31, 2024 | Mar 2024 | $-0.11 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $-0.12 | — | — | — | — | financials |
| Fri Jun 30, 2023 | Jun 2023 | $-0.21 | — | — | — | — | financials |
Upcoming
| Date | Fiscal | Time | EPS Est | LY EPS | YoY %Δ |
|---|---|---|---|---|---|
| Thu Aug 6, 2026 | Jun/2026 | OTHER | -$0.12 | -$0.55 | +78.2% |
Financials
Income statement (quarterly)
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Cost of revenue | $1M | — | $1M | $1M | $1M | — | $827,000 | $795,000 |
| Gross profit | $2M | — | $3M | $2M | $14M | — | $1M | $1M |
| Operating income | $-55M | — | $-28M | $-27M | $-11M | — | $-21M | $-19M |
| Net income | $-18M | — | $-140M | $-167M | $-5M | — | $-23M | $-18M |
| EPS (diluted) | $-0.05 | — | $-0.41 | $-0.55 | $-0.02 | — | $-0.11 | $-0.10 |
Balance sheet (quarterly)
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $338M | $635M | $836M | $819M | $304M | $178M | — | — |
| Inventory | $3M | $3M | $3M | $2M | $2M | $2M | $2M | $2M |
| Total current assets | $607M | $896M | $848M | $829M | $311M | $185M | $35M | $47M |
| Total assets | $1.20B | $916M | $866M | $844M | $326M | $200M | $50M | $62M |
| Long-term debt | $35M | $36M | $32M | $32M | $30M | $30M | $32M | $31M |
| Total liabilities | $76M | $64M | $195M | $149M | $118M | $137M | $66M | $83M |
| Total equity | $1.12B | $852M | $671M | $694M | $207M | $63M | $-17M | $-22M |