| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 3.74 | 20.6% | 100.0% |
| Total Income | 3.74 | 20.6% | 100.0% |
| Expenditure | 31.48 | 6.3% | 39.9% |
| PBT | — | ||
| Net Profit | -139.99 | 16.3% | 516.4% |
| OPM | — | ||
| NPM | — | ||
| EPS | -0.41 | 25.4% | 272.7% |
D-Wave: Q3 2025 Revenue at $1.9M, Gross Profit $2.7M
04 May 2026 · 4 May, 7:40 am
Summary
D-Wave reported Q3 2025 revenue of $1.9 million and a gross profit of $2.7 million. The company's cash position is $836.2 million. For the first nine months of 2025, D-Wave's revenue was $21.8 million and gross profit was $18.5 million, with a gross margin of 84.8%.
Key Highlights
- 1
D-Wave's Q3 2025 revenue reached $1.9 million.
- 2
The company's gross profit for Q3 2025 was $2.7 million.
- 3
D-Wave's cash position as of Q3 2025 stood at $836.2 million.
- 4
Revenue for the first nine months of 2025 totaled $21.8 million.
- 5
Gross profit for the first nine months of 2025 was $18.5 million.
- 6
The gross margin for the first nine months of 2025 was 84.8%.
Management Comments
Dr. Masaru Tateno
To the best of our knowledge, this is the first work for annealing quantum computation to outperform classical results concerning LLM training in drug discovery. This validation has also revealed that annealing quantum computing systems can deliver high quality, low energy samples that could drive enhanced performance in generative AI architectures.
Informational and educational content only. Not investment advice.