QBTS
D-Wave Quantum Inc.
NYSE: QBTS · TECHNOLOGY · COMPUTER HARDWARE
$18.27
+0.88% today
Updated 2026-04-29
Market cap
$6.77B
P/E ratio
—
P/S ratio
275.25x
EPS (TTM)
$-1.11
Dividend yield
—
52W range
$7 – $47
Volume
26.5M
D-Wave Quantum Inc. (QBTS) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
3 of 8
Last 8 quarters
Avg EPS surprise
+0.5%
Last 4 quarters
Revenue YoY growth
+19.2%
Most recent quarter
EPS YoY growth
+10.0%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
-5.2%
Last 3 reports
Positive reaction rate
0%
0 of 3 quarters
Largest single-day move
-6.2%
2025-08-06
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-26 | $-0.09 | -45.4% | $19.65 | $18.78 | -4.4% |
| 2025-11-06 | $-0.05 | +28.6% | $31.02 | $29.50 | -4.9% |
| 2025-08-06 | $-0.08 | -48.1% | $18.30 | $17.17 | -6.2% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $-0.06 | $-0.09 | -45.4% | $2.75M | +19.2% |
| 2025-09-30 | $-0.07 | $-0.05 | +28.6% | $3.74M | +99.9% |
| 2025-06-30 | $-0.05 | $-0.08 | -48.1% | $3.10M | +41.8% |
| 2025-03-31 | $-0.06 | $-0.02 | +67.0% | $15.00M | +508.6% |
| 2024-12-31 | $-0.08 | $-0.10 | -25.0% | $2.31M | -20.5% |
| 2024-09-30 | $-0.08 | $-0.10 | -20.0% | $1.87M | -27.0% |
| 2024-06-30 | $-0.09 | $-0.09 | +0.0% | $2.18M | +27.9% |
| 2024-03-31 | $-0.09 | $-0.12 | -33.3% | $2.46M | — |
| 2023-12-31 | $-0.10 | $-0.10 | +0.0% | $2.91M | — |
| 2023-09-30 | $-0.14 | $-0.11 | +21.4% | $2.56M | — |
| 2023-06-30 | $-0.14 | $-0.20 | -42.9% | $1.71M | — |
Frequently asked questions
Has D-Wave Quantum Inc. beaten earnings estimates?
D-Wave Quantum Inc. has beaten Wall Street EPS estimates in 3 of its last 8 quarterly reports, with an average EPS surprise of +0.5% over the last 4 quarters.
How does QBTS stock react to earnings?
QBTS stock has moved an average of -5.2% in the trading day following earnings over its last 3 reports, with positive reactions in 0% of those quarters.
What is D-Wave Quantum Inc.'s revenue growth rate?
D-Wave Quantum Inc. reported year-over-year revenue growth of +19.2% in its most recent quarter, with EPS growing +10.0% year-over-year.