# D-WAVE QUANTUM INC. (QBTS) FY2026 Q2 P&L / Income Statement

- Company: D-WAVE QUANTUM INC. (QBTS)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-06, accession number 0001907982-26-000129
- Page: https://plicit.ai/financials/qbts/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/qbts-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 3,076,000 US dollars
- **Cost of revenue**: 1,372,000 US dollars
- **Total gross profit**: 1,704,000 US dollars
- **Total operating expenses**: 54,982,000 US dollars
- **Loss from operations**: negative 53,278,000 US dollars
- **Total other income (expense), net**: 5,258,000 US dollars
- **Loss before income taxes**: negative 48,020,000 US dollars
- **Income tax benefit (provision), net**: 8,000 US dollars
- **Net loss**: negative 48,028,000 US dollars
- **System sales**: 255,000 US dollars
- **QCaaS**: 1,860,000 US dollars
- **Professional services**: 929,000 US dollars
- **Other revenue**: 32,000 US dollars
- **Research and development**: 28,239,000 US dollars
- **General and administrative**: 15,388,000 US dollars
- **Sales and marketing**: 11,355,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Timing of Transfer

- Page: https://plicit.ai/financials/qbts/fy2026-q2-income-statement/revenue-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/qbts-fy2026-q2-revenue-by-timing-of-transfer-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 3,076,000 US dollars
- **Cost of revenue**: 1,372,000 US dollars
- **Total gross profit**: 1,704,000 US dollars
- **Total operating expenses**: 54,982,000 US dollars
- **Loss from operations**: negative 53,278,000 US dollars
- **Total other income (expense), net**: 5,258,000 US dollars
- **Loss before income taxes**: negative 48,020,000 US dollars
- **Income tax benefit (provision), net**: 8,000 US dollars
- **Net loss**: negative 48,028,000 US dollars
- **Revenue recognized over time**: 2,797,000 US dollars
- **Revenue recognized at a point in time**: 279,000 US dollars
- **Research and development**: 28,239,000 US dollars
- **General and administrative**: 15,388,000 US dollars
- **Sales and marketing**: 11,355,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/qbts/fy2026-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/qbts-fy2026-q2-revenue-by-geography-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 3,076,000 US dollars
- **Cost of revenue**: 1,372,000 US dollars
- **Total gross profit**: 1,704,000 US dollars
- **Total operating expenses**: 54,982,000 US dollars
- **Loss from operations**: negative 53,278,000 US dollars
- **Total other income (expense), net**: 5,258,000 US dollars
- **Loss before income taxes**: negative 48,020,000 US dollars
- **Income tax benefit (provision), net**: 8,000 US dollars
- **Net loss**: negative 48,028,000 US dollars
- **UNITED STATES**: 2,175,000 US dollars
- **JAPAN**: 137,000 US dollars
- **GERMANY**: 127,000 US dollars
- **CANADA**: 130,000 US dollars
- **Other**: 507,000 US dollars
- **Research and development**: 28,239,000 US dollars
- **General and administrative**: 15,388,000 US dollars
- **Sales and marketing**: 11,355,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.