NYSE$QBTS
D-Wave Quantum Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
D-Wave Quantum Inc Q1 fiscal 2026: $2.86B revenue, $18.4M net loss
for the year ended December 31, 2025 filed with the SEC on February 26, 2026. up to ten percent or more of total revenues in a particular period or ten percent of outstanding accounts receivable balance as of the period end. (SEC accession 0001907982-26-000059)
- Revenue: $2.86B
- Net loss: $18.4M
- Diluted EPS: $-0.05
- Operating income: $-54.7M
- Gross profit: $1.8M
Headline financials
Revenue & EPS history
D-Wave · Revenue · Quarterly
$2.86M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
+7.2%
Avg return
Earnings day
+9.5%
Avg return
5 days after
+29.1%
Avg return
30 days after
48%
10 / 21 earnings
Positive
+67.2%
Q1 2023
Best reaction
-21.6%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -9.8% | -17.7% | — | |
| Q4 2025 | -0.6% | -7.2% | -29.3% | |
| Q3 2025 | -10.2% | -6.5% | -13.0% | |
| Q1 2025 | +51.6% | +55.7% | +170.2% | |
| Q4 2024 | +18.7% | +85.6% | +24.6% | |
| Q3 2024 | -7.9% | -16.3% | +180.9% | |
| Q2 2024 | +4.0% | +17.0% | +8.6% | |
| Q1 2024 | +7.7% | +0.0% | -10.8% | |
| Q4 2023 | -5.2% | -12.4% | -31.4% | |
| Q3 2023 | -16.0% | -4.4% | +22.4% | |
| Q2 2023 | -14.2% | -11.2% | -46.1% | |
| Q1 2022 | +67.2% | +80.3% | +208.2% | |
| Q1 2023 | +67.2% | +80.3% | +208.2% | |
| Q4 2020 | +21.0% | +12.0% | +12.0% | |
| Q4 2022 | -21.6% | -5.2% | -36.7% | |
| Q3 2022 | +9.1% | +4.0% | -8.3% | |
| Q3 2021 | +9.1% | +4.0% | -8.3% | |
| Q2 2021 | -8.6% | -21.7% | -24.6% | |
| Q4 2021 | -8.6% | -21.7% | -24.6% | |
| Q2 2022 | -3.1% | -16.4% | -22.2% | |
| Q1 2021 | +1.7% | +1.8% | +1.4% |
Discussion
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