Flagship explainer
How D-WAVE QUANTUM INC. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $24.6M | 100% |
| |
| Cost of revenue | $4.3M | 17% |
|
| $20.3M | 83% |
| |
| −$100M | −408% |
| |
| Income before tax | −$355M | −1444% |
|
| Income tax | $0 | 0% |
|
| −$355M | −1444% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001907982-26-000026