Company / Net Income
D-Wave Quantum Inc. Net Income History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$355.1M
FY2025
5-year range
-$355.1M / -$31.5M
FY2021-FY2025
Trend
-146.8%
vs FY2024
Sector context
#294 of 317
Information Technology
What the data says
Among 317 Information Technology companies, D-Wave Quantum Inc. is in the bottom 7% for net income. Net Income has declined for 5 consecutive years, from -$10M in FY2020 to -$355M in FY2025.
Based on SEC 10-K filings.
-$355M in FY2025.
Declined from -$83M to -$355M over the past 2 years.
Information Technology sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 7% in Information TechnologyTop 93% of 317This company -$355.1M Sector average $1.6B
▼
-122.4% below sector average
Key checks
Key Insights
- D-Wave Quantum Inc.'s net income has declined for 5 consecutive years.
- In FY2025, net income decreased 146.8% year-over-year.
- Ranks #294 out of 317 companies in the Information Technology sector.
- Peak net income was recorded in FY2020.
Company context
Key Data Points
- Altman Z-Score 5.09 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$355.1M | -146.8% |
| FY2024 | -$143.9M | -73.9% |
| FY2023 | -$82.7M | -54.0% |
| FY2022 | -$53.7M | -70.2% |
| FY2021 | -$31.5M | -214.9% |
| FY2020 | -$10.0M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026