D-Wave Quantum Inc.'s next confirmed earnings release is scheduled for August 6, 2026.
| Earnings Date | 8/6/2026 |
As of March 31, 2026, D-Wave Quantum Inc. has 370.04M shares outstanding.
| Shares Outstanding | 370.04M |
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.
| Current Ratio | 21.41 |
| Quick Ratio | 21.13 |
| Debt / Equity | 4.16 |
| Debt / EBITDA | -0.34 |
| Interest Coverage | -34.08 |
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 35,412.19 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.
| Return on Assets (ROA) | -48.25 |
| Revenue Per Employee | 35,412.19 |
| Employee Count | 304.00 |
| Inventory Turnover | 1.82 |
Over the twelve months ended March 31, 2026, D-Wave Quantum Inc. recorded an income tax benefit of -24.61M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -342.97M and -318.36M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.
| Income Tax | -24.61M |
These figures are as of the close on October 22, 2026.
| 50-Day Moving Average | 14.33 |
Over the twelve months ended March 31, 2026, D-Wave Quantum Inc. generated 10.77M in revenue and converted that into -318.36M in net income, yielding earnings per share of -0.93. EBITDA reached -119.30M, while operating income came in at -124.40M.
| Revenue | 10.77M |
| Gross Profit | 7.13M |
| Operating Income | -124.40M |
| Pretax Income | -342.97M |
| Net Income | -318.36M |
| EBITDA | -119.30M |
| EBIT | -124.40M |
| Earnings Per Share (EPS) | -0.93 |
As of March 31, 2026, D-Wave Quantum Inc. holds 509.02M in cash and equivalents against 40.50M in total debt, resulting in a net debt position of -261.81M. Total book value stands at -865.38M, with working capital of 500.68M providing operational flexibility.
| Cash & Cash Equivalents | 509.02M |
| Total Debt | 40.50M |
| Net Debt | -261.81M |
| Equity (Book Value) | -865.38M |
| Book Value Per Share | -2.34 |
| Working Capital | 500.68M |
D-Wave Quantum Inc. produced -84.49M in operating cash flow over the twelve months ended March 31, 2026. After subtracting -3.90M in capital expenditures, free cash flow totaled -88.39M - equivalent to -0.26 per share.
| Operating Cash Flow | -84.49M |
| Capital Expenditures | -3.90M |
| Free Cash Flow | -88.39M |
| FCF Per Share | -0.26 |
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.
| Gross Margin | 66.27 |
| Operating Margin | -1,155.61 |
| Pretax Margin | -3,185.87 |
| Profit Margin | -2,957.23 |
| EBITDA Margin | -1,108.17 |