QBTS
D-Wave Quantum Inc.
D-Wave Quantum (QBTS) Q2 2026 earnings
Published Aug 6, 2026
AI summary
- Revenue $3.08M, down 0.6% from $3.1M a year ago.
- GAAP EPS −$0.13 missed the −$0.09 consensus by $0.04, up from −$0.55 a year ago.
- D-Wave reported second quarter 2026 revenue of $3.1 million, which was essentially flat compared to last year.
- The company's net loss narrowed to $48.0 million from $167.3 million in the same quarter last year.
- Quarterly bookings rose 59% year-over-year to $2.1 million, with average booking size increasing by over 87%.
Results vs analyst consensus
Revenue
Reported
$3.08M
Consensus not captured before release
−0.6% YoY
EPS · GAAP (street basis)
Reported · Diluted EPS (GAAP, street basis)
−$0.13
Consensus −$0.09
Missed by $0.04GAAP EPS: −$0.13
Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.
Next quarter outlook
No guidance in this release.
What to watch
- GAAP gross margin declined to 55.4% from 63.8% in the prior year period.
- Adjusted EBITDA loss increased to $37.1 million from $20.0 million due to higher operating investments.
Read original report
Source: D-Wave Quantum Inc. press release · SEC Form 8-K exhibit 99.1