Q2 FY2026 · ended Jun 30, 2026 · Revenue $3.08M, -0.6% YoY · Filed Aug 6, 2026
D-Wave Quantum Inc. (QBTS) files with the SEC under industry code 7374, Services-Computer Processing & Data Preparation. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $3.1 million and a net loss of $48.0 million. Free cash flow was -$32.9 million. As of Jun 30, 2026 it held $550.4 million in cash and investments and $48.0 million in total debt.
Company profile
- Industry
- Services-Computer Processing & Data Preparation (SIC 7374)
- Listed as
- QBTS (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Palo Alto, CA
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 1907982
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Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
Q2 FY2025 Jun 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $3.1M | $2.9M | $2.8M | $3.7M | $3.1M |
| Operating income | -$53.3M | -$54.7M | -$34.8M | -$27.7M | -$26.5M |
| Net income | -$48.0M | -$18.4M | -$42.3M | -$140.0M | -$167.3M |
| Diluted EPS | -$0.13 | -$0.05 | -$0.12 | -$0.41 | -$0.55 |
| Operating cash flow | -$28.5M | -$45.0M | -$18.4M | -$19.0M | -$15.3M |
| Free cash flow | -$32.9M | -$46.0M | -$20.0M | -$20.1M | -$16.0M |
| Total assets | $1.2B | $1.2B | $915.8M | $865.8M | $843.6M |
| Total liabilities | $75.3M | $75.6M | $63.6M | $195.3M | $149.3M |
| Stockholders' equity | $1.1B | $1.1B | $852.2M | $670.6M | $694.3M |
| Cash and investments | $550.4M | $592.6M | $886.9M | $839.6M | $821.9M |
| Total debt | $48.0M | $46.7M | $43.3M | $39.6M | $40.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Nov 4, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Oct 28, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Oct 1, 2026 | Oct 1, 2026 |
| 8-K/A |
Amended current report
Officer or director change
|
Sep 22, 2026 | Aug 19, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 21, 2026 | Sep 18, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 17, 2026 | Sep 16, 2026 |
All 749 D-Wave Quantum Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.