D-Wave Quantum Inc.

D-Wave Quantum Inc.'s next confirmed earnings release is scheduled for November 5, 2026.

As of March 31, 2026, D-Wave Quantum Inc. has 370.04M shares outstanding.

As of March 31, 2026, D-Wave Quantum Inc. maintains a current ratio of 21.41, meaning it holds 21.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 4.16, indicating elevated leverage, while an interest coverage ratio of -34.08 demonstrates limited ability to service its debt obligations.

These figures cover the twelve months ended March 31, 2026. Return on assets (ROA) is negative at -48.25, reflecting losses generated across the asset base. The company generates approximately 32,682.69 in revenue per employee across its workforce of 304.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.82 indicates how many times D-Wave Quantum Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended March 31, 2026, D-Wave Quantum Inc. recorded an income tax benefit of -22.72M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -316.53M and -293.82M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Over the twelve months ended March 31, 2026, D-Wave Quantum Inc. generated 9.94M in revenue and converted that into -293.82M in net income, yielding earnings per share of -0.86. EBITDA reached -110.10M, while operating income came in at -114.82M.

As of March 31, 2026, D-Wave Quantum Inc. holds 469.79M in cash and equivalents against 37.38M in total debt, resulting in a net debt position of -241.63M. Total book value stands at -798.68M, with working capital of 462.09M providing operational flexibility.

D-Wave Quantum Inc. produced -77.98M in operating cash flow over the twelve months ended March 31, 2026. After subtracting -3.60M in capital expenditures, free cash flow totaled -81.57M - equivalent to -0.24 per share.

Over the twelve months ended March 31, 2026, D-Wave Quantum Inc. posted a gross margin of 66.27, reflecting its pricing power and cost economics. The operating margin of -1,155.61 and net profit margin of -2,957.23 provide insight into operational efficiency.