D-Wave Quantum Inc.
QBTSNYSETechnology● Active
$25.83
+$1.98(+8.30%)
Market Cap$9.5B
P/E Ratio—
52W High$46.75
52W Low$12.75
D-Wave Quantum Inc. (QBTS) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
QBTS · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 12, 2026EPS Actual
-$0.05
Est. -$0.08 · +34.7%
Revenue
$0.00B
Est. $0.00B · -31.9%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 12, 2026
After Market Close
▲ Beat EPS▼ Miss Revenue✓ 1-Quarter EPS Beat Streak
QBTS reports quarterly as a NYSE-listed Computer Hardware company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
$1.19
Rev. $0.35B
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.$1.19
Rev. Est.$0.35B
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Aug 6, 2026 | -$0.08 | — | — | — | $0.00B | — |
| ▲ Q2 FY2026 | May 12, 2026 | -$0.08 | -$0.05 | +34.7% | $0.00B | $0.00B | -31.9% |
| ▼ Q1 FY2026 | Feb 26, 2026 | -$0.05 | -$0.12 | -140.0% | $0.00B | $0.00B | -26.5% |
| ▼ Q4 FY2025 | Nov 6, 2025 | -$0.07 | -$0.41 | -525.1% | $0.00B | $0.00B | +23.3% |
| ▼ Q3 FY2025 | Aug 7, 2025 | -$0.06 | -$0.55 | -816.7% | $0.00B | $0.00B | +2.2% |
| ▲ Q2 FY2025 | May 8, 2025 | -$0.05 | -$0.02 | +60.0% | $0.02B | $0.00B | +305.3% |
| ▼ Q1 FY2025 | Mar 13, 2025 | -$0.09 | -$0.37 | -311.1% | $0.00B | $0.00B | -9.4% |
| — Q4 FY2024 | Nov 14, 2024 | -$0.08 | -$0.08 | +0.0% | $0.00B | $0.00B | -27.0% |
Q3 FY2026
Aug 6, 2026
EPS Actual
—
EPS Est.
-$0.08
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 12, 2026Beat
EPS Actual
-$0.05
EPS Est.
-$0.08
EPS Surpr.
+34.7%
Revenue
$0.00B
Q1 FY2026
Feb 26, 2026Miss
EPS Actual
-$0.12
EPS Est.
-$0.05
EPS Surpr.
-140.0%
Revenue
$0.00B
Q4 FY2025
Nov 6, 2025Miss
EPS Actual
-$0.41
EPS Est.
-$0.07
EPS Surpr.
-525.1%
Revenue
$0.00B
Q3 FY2025
Aug 7, 2025Miss
EPS Actual
-$0.55
EPS Est.
-$0.06
EPS Surpr.
-816.7%
Revenue
$0.00B
Q2 FY2025
May 8, 2025Beat
EPS Actual
-$0.02
EPS Est.
-$0.05
EPS Surpr.
+60.0%
Revenue
$0.02B
Q1 FY2025
Mar 13, 2025Miss
EPS Actual
-$0.37
EPS Est.
-$0.09
EPS Surpr.
-311.1%
Revenue
$0.00B
Q4 FY2024
Nov 14, 2024
EPS Actual
-$0.08
EPS Est.
-$0.08
EPS Surpr.
+0.0%
Revenue
$0.00B
Analyst Estimates
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q3 FY2030 | $0.00 | $0.00 | $0.00 | 3 |
| Q2 FY2030 | $0.00 | $0.00 | $0.00 | 5 |
| Q1 FY2030 | $0.00 | $0.00 | $0.00 | 3 |
| Q4 FY2029 | $-0.33 | $-0.19 | $-0.09 | 6 |
| Q3 FY2029 | $-0.34 | $-0.20 | $-0.09 | 3 |
| Q2 FY2029 | $-0.33 | $-0.19 | $-0.09 | 5 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q3 FY2030 | $0.0B | $0.1B | $0.1B | 8 |
| Q2 FY2030 | $0.0B | $0.1B | $0.1B | 5 |
| Q1 FY2030 | $0.0B | $0.1B | $0.1B | 4 |
| Q4 FY2029 | $0.0B | $0.1B | $0.1B | 4 |
| Q3 FY2029 | $0.0B | $0.0B | $0.1B | 7 |
| Q2 FY2029 | $0.0B | $0.0B | $0.1B | 4 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | May 12, 2026 | +34.7% | $24.03 | $22.35 | -6.99% |
| ▼ Q1 FY2026 | Feb 26, 2026 | -140.0% | $19.65 | $20.14 | +2.49% |
| ▼ Q4 FY2025 | Nov 6, 2025 | -525.1% | $31.02 | $28.39 | -8.48% |
| ▼ Q3 FY2025 | Aug 7, 2025 | -816.7% | $17.58 | $17.17 | -2.33% |
| ▲ Q2 FY2025 | May 8, 2025 | +60.0% | $6.89 | $10.42 | +51.23% |
| ▼ Q1 FY2025 | Mar 13, 2025 | -311.1% | $5.82 | $6.91 | +18.73% |
| ▲ Q4 FY2024 | Nov 14, 2024 | +0.0% | $1.78 | $1.87 | +5.06% |
| ▲ Q3 FY2024 | Aug 8, 2024 | +0.0% | $0.81 | $0.80 | -1.23% |
Q2 FY2026-6.99%
Report Date
May 12, 2026
EPS Beat/Miss
+34.7%
Price Before
$24.03
Price After
$22.35
Q1 FY2026+2.49%
Report Date
Feb 26, 2026
EPS Beat/Miss
-140.0%
Price Before
$19.65
Price After
$20.14
Q4 FY2025-8.48%
Report Date
Nov 6, 2025
EPS Beat/Miss
-525.1%
Price Before
$31.02
Price After
$28.39
Q3 FY2025-2.33%
Report Date
Aug 7, 2025
EPS Beat/Miss
-816.7%
Price Before
$17.58
Price After
$17.17
Q2 FY2025+51.23%
Report Date
May 8, 2025
EPS Beat/Miss
+60.0%
Price Before
$6.89
Price After
$10.42
Q1 FY2025+18.73%
Report Date
Mar 13, 2025
EPS Beat/Miss
-311.1%
Price Before
$5.82
Price After
$6.91
Q4 FY2024+5.06%
Report Date
Nov 14, 2024
EPS Beat/Miss
+0.0%
Price Before
$1.78
Price After
$1.87
Q3 FY2024-1.23%
Report Date
Aug 8, 2024
EPS Beat/Miss
+0.0%
Price Before
$0.81
Price After
$0.80
Avg Beat Reaction+12.02%
Avg Miss Reaction+2.60%
Beat Rate4 / 8 quarters
Largest Move+51.23% (Q2 FY2025)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: QBTS ends December
D-Wave Quantum Inc. (QBTS) most recently reported earnings on May 12, 2026 for Q2 FY2026, posting EPS of $-0.05 — beating the analyst consensus of $-0.08 by +34.7%. The next QBTS earnings date is expected around September 1, 2026.
Each quarter, investors track QBTS earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. QBTS revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
QBTS's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
QBTS earnings · 5 questionsD-Wave Quantum Inc.'s next earnings report is expected around September 1, 2026. QBTS typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; QBTS historically reports after market close (AMC).
QBTS earnings datewhen is QBTS earningsQBTS next earnings datewhen does QBTS report earningsQBTS earnings calendar
▸ Source: FMP · D-Wave Quantum Inc. SEC filings · US GAAP · D-Wave Quantum Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026