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

- Company: D-WAVE QUANTUM INC. (QBTS)
- Period: 2026-01-01 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-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/qbts-fy2026-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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

- **Revenue**: 5,934,000 US dollars
- **Cost of revenue**: 2,412,000 US dollars
- **Total gross profit**: 3,522,000 US dollars
- **Total operating expenses**: 111,527,000 US dollars
- **Loss from operations**: negative 108,005,000 US dollars
- **Total other income (expense), net**: 13,176,000 US dollars
- **Loss before income taxes**: negative 94,829,000 US dollars
- **Income tax benefit (provision), net**: negative 28,444,000 US dollars
- **Net loss**: negative 66,385,000 US dollars
- **System sales**: 341,000 US dollars
- **QCaaS**: 3,619,000 US dollars
- **Professional services**: 1,912,000 US dollars
- **Other revenue**: 62,000 US dollars
- **Research and development**: 54,032,000 US dollars
- **General and administrative**: 35,663,000 US dollars
- **Sales and marketing**: 21,832,000 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-ytd-q2-income-statement/revenue-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/qbts-fy2026-ytd-q2-revenue-by-timing-of-transfer-sankey.png

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

- **Revenue**: 5,934,000 US dollars
- **Cost of revenue**: 2,412,000 US dollars
- **Total gross profit**: 3,522,000 US dollars
- **Total operating expenses**: 111,527,000 US dollars
- **Loss from operations**: negative 108,005,000 US dollars
- **Total other income (expense), net**: 13,176,000 US dollars
- **Loss before income taxes**: negative 94,829,000 US dollars
- **Income tax benefit (provision), net**: negative 28,444,000 US dollars
- **Net loss**: negative 66,385,000 US dollars
- **Revenue recognized over time**: 5,614,000 US dollars
- **Revenue recognized at a point in time**: 320,000 US dollars
- **Research and development**: 54,032,000 US dollars
- **General and administrative**: 35,663,000 US dollars
- **Sales and marketing**: 21,832,000 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-ytd-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/qbts-fy2026-ytd-q2-revenue-by-geography-sankey.png

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

- **Revenue**: 5,934,000 US dollars
- **Cost of revenue**: 2,412,000 US dollars
- **Total gross profit**: 3,522,000 US dollars
- **Total operating expenses**: 111,527,000 US dollars
- **Loss from operations**: negative 108,005,000 US dollars
- **Total other income (expense), net**: 13,176,000 US dollars
- **Loss before income taxes**: negative 94,829,000 US dollars
- **Income tax benefit (provision), net**: negative 28,444,000 US dollars
- **Net loss**: negative 66,385,000 US dollars
- **UNITED STATES**: 3,865,000 US dollars
- **JAPAN**: 519,000 US dollars
- **GERMANY**: 302,000 US dollars
- **CANADA**: 271,000 US dollars
- **Other**: 977,000 US dollars
- **Research and development**: 54,032,000 US dollars
- **General and administrative**: 35,663,000 US dollars
- **Sales and marketing**: 21,832,000 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.