Exchange: NYSE·Updated 10:04 AM EST

QBTS Earnings

Latest Earnings Results: Q3 '26

Reported: Nov 10

Estimated EPS

-$0.10

Reported EPS

-$0.10

Surprise

+0.56%

Estimated Rev

$4.36M

Reported Rev

$4.51M

Surprise

+3.4%

• Reported GAAP EPS of -$0.13 down -160.00% YoY • Reported revenue of $4.51M up 20.59% YoY

Bullish Takeaway

D-Wave's revenue, nine-month bookings and RPO rose year over year; DOCOMO deployed a second production application with quantified network-signal reductions; conditional federal funding is intended to support its dual-platform roadmap.

Bearish Takeaway

D-Wave's GAAP gross margin decreased, with the decrease due primarily to higher professional-services mix; operating expenses and Adjusted EBITDA Loss increased; quarterly bookings decreased 19% and can vary significantly based on larger-transaction timing.

Generated by Stocktwits using AI and company-reported earnings data for Q3 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.

Investor Presentation8-K

Historical Earnings

Quarterly

Annual

EPS

Revenue

Fiscal PeriodEstimatedReportedSurpriseResult
Q4 '26
-$0.06
--
--
N/A
Q3 '26
-$0.10
-$0.10
0.56%
BEAT
Q2 '26
-$0.08
-$0.10
-18.15%
MISSED
Q1 '26
-$0.08
-$0.03
63.20%
BEAT
Q4 '25
-$0.06
-$0.09
-40.96%
MISSED

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