D Wave Quantum Net Income
| QBTS Stock | USD 20.44 0.77 3.63% |
As of the 11th of February 2026, D Wave shows the Market Risk Adjusted Performance of (0.10), standard deviation of 7.12, and Mean Deviation of 5.44. Compared to fundamental indicators, the technical analysis model provides you with a way to check timely technical drivers of D Wave, as well as the relationship between them. Please confirm D Wave Quantum risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if D Wave Quantum is priced correctly, providing market reflects its regular price of 20.44 per share. Given that D Wave has information ratio of (0.07), we urge you to verify D Wave Quantum's prevailing market performance to make sure the company can sustain itself sooner or later.
D Wave Total Revenue |
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Gross Profit | Market Capitalization | Enterprise Value Revenue 291.9001 | Revenue | Earnings Share (1.44) |
| Last Reported | Projected for Next Year | ||
| Net Loss | -129.5 M | -123 M | |
| Net Loss | -46.4 M | -48.7 M | |
| Net Loss | -129.5 M | -123 M | |
| Net Loss | (0.86) | (0.90) |
QBTS | Net Income | Build AI portfolio with QBTS Stock |
The evolution of Net Income for D Wave Quantum provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how D Wave compares to historical norms and industry peers.
Latest D Wave's Net Income Growth Pattern
Below is the plot of the Net Income of D Wave Quantum over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in D Wave Quantum financial statement analysis. It represents the amount of money remaining after all of D Wave Quantum operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is D Wave's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in D Wave's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (143.88 M) | 10 Years Trend |
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Net Income |
| Timeline |
QBTS Net Income Regression Statistics
| Arithmetic Mean | (47,965,509) | |
| Coefficient Of Variation | (90.58) | |
| Mean Deviation | 34,467,777 | |
| Median | (21,967,000) | |
| Standard Deviation | 43,447,493 | |
| Sample Variance | 1887.7T | |
| Range | 121.9M | |
| R-Value | (0.79) | |
| Mean Square Error | 750.5T | |
| R-Squared | 0.63 | |
| Significance | 0.0002 | |
| Slope | (6,814,302) | |
| Total Sum of Squares | 30203T |
QBTS Net Income History
Other Fundumenentals of D Wave Quantum
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
QBTS Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for D Wave is extremely important. It helps to project a fair market value of QBTS Stock properly, considering its historical fundamentals such as Net Income. Since D Wave's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of D Wave's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of D Wave's interrelated accounts and indicators.
Click cells to compare fundamentals
Is there potential for Electronic Equipment, Instruments & Components market expansion? Will QBTS introduce new products? Factors like these will boost the valuation of D Wave. Anticipated expansion of QBTS directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about D Wave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.44) | Revenue Per Share | Quarterly Revenue Growth 0.999 | Return On Assets | Return On Equity |
The market value of D Wave Quantum is measured differently than its book value, which is the value of QBTS that is recorded on the company's balance sheet. Investors also form their own opinion of D Wave's value that differs from its market value or its book value, called intrinsic value, which is D Wave's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because D Wave's market value can be influenced by many factors that don't directly affect D Wave's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between D Wave's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding D Wave should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, D Wave's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
D Wave 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to D Wave's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of D Wave.
| 11/13/2025 |
| 02/11/2026 |
If you would invest 0.00 in D Wave on November 13, 2025 and sell it all today you would earn a total of 0.00 from holding D Wave Quantum or generate 0.0% return on investment in D Wave over 90 days. D Wave is related to or competes with Rigetti Computing, IONQ, Procore Technologies, QXO, SailPoint Common, ZoomInfo Technologies, and Dayforce. D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide More
D Wave Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure D Wave's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess D Wave Quantum upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 34.44 | |||
| Value At Risk | (9.54) | |||
| Potential Upside | 13.23 |
D Wave Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for D Wave's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as D Wave's standard deviation. In reality, there are many statistical measures that can use D Wave historical prices to predict the future D Wave's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.13) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of D Wave's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
D Wave February 11, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 5.44 | |||
| Coefficient Of Variation | (1,846) | |||
| Standard Deviation | 7.12 | |||
| Variance | 50.72 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.13) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 34.44 | |||
| Value At Risk | (9.54) | |||
| Potential Upside | 13.23 | |||
| Skewness | 0.7238 | |||
| Kurtosis | 0.8581 |
D Wave Quantum Backtested Returns
Currently, D Wave Quantum is somewhat reliable. D Wave Quantum secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of volatility over the last 3 months. We have found twenty-two technical indicators for D Wave Quantum, which you can use to evaluate the volatility of the entity. Please confirm D Wave's Standard Deviation of 7.12, market risk adjusted performance of (0.10), and Mean Deviation of 5.44 to check if the risk estimate we provide is consistent with the expected return of 0.0195%. The firm shows a Beta (market volatility) of 3.45, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, D Wave will likely underperform. D Wave Quantum today shows a risk of 7.14%. Please confirm D Wave Quantum potential upside and day median price , to decide if D Wave Quantum will be following its price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
D Wave Quantum has very good reverse predictability. Overlapping area represents the amount of predictability between D Wave time series from 13th of November 2025 to 28th of December 2025 and 28th of December 2025 to 11th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of D Wave Quantum price movement. The serial correlation of -0.66 indicates that around 66.0% of current D Wave price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 13.73 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
QBTS Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, D Wave Quantum reported net income of (143.88 Million). This is 126.69% lower than that of the Electronic Equipment, Instruments & Components sector and significantly lower than that of the Information Technology industry. The net income for all United States stocks is 125.2% higher than that of the company.
QBTS Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses D Wave's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of D Wave could also be used in its relative valuation, which is a method of valuing D Wave by comparing valuation metrics of similar companies.D Wave is currently under evaluation in net income category among its peers.
D Wave ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, D Wave's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to D Wave's managers, analysts, and investors.Environmental | Governance | Social |
D Wave Institutional Holders
Institutional Holdings refers to the ownership stake in D Wave that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of D Wave's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing D Wave's value.| Shares | Susquehanna International Group, Llp | 2025-06-30 | 2.1 M | Ubs Group Ag | 2025-06-30 | 1.9 M | Man Group Plc | 2025-06-30 | 1.8 M | Jpmorgan Chase & Co | 2025-06-30 | 1.5 M | Nuveen, Llc | 2025-06-30 | 1.4 M | Royal Bank Of Canada | 2025-06-30 | 1.4 M | Jane Street Group Llc | 2025-06-30 | 1.2 M | Driehaus Capital Management Llc | 2025-06-30 | 1.2 M | Penserra Capital Management, Llc | 2025-06-30 | 1.2 M | Vanguard Group Inc | 2025-06-30 | 27.2 M | Blackrock Inc | 2025-06-30 | 23.2 M |
QBTS Fundamentals
| Return On Equity | -1.22 | ||||
| Return On Asset | -0.12 | ||||
| Operating Margin | (7.42) % | ||||
| Current Valuation | 7.05 B | ||||
| Shares Outstanding | 366.65 M | ||||
| Shares Owned By Insiders | 1.42 % | ||||
| Shares Owned By Institutions | 48.95 % | ||||
| Number Of Shares Shorted | 57.24 M | ||||
| Price To Book | 11.70 X | ||||
| Price To Sales | 313.09 X | ||||
| Revenue | 8.83 M | ||||
| Gross Profit | 20 M | ||||
| EBITDA | (138.05 M) | ||||
| Net Income | (143.88 M) | ||||
| Cash And Equivalents | 10.47 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 38.38 M | ||||
| Current Ratio | 0.64 X | ||||
| Book Value Per Share | 1.94 X | ||||
| Cash Flow From Operations | (42.64 M) | ||||
| Short Ratio | 1.47 X | ||||
| Earnings Per Share | (1.44) X | ||||
| Target Price | 39.17 | ||||
| Number Of Employees | 216 | ||||
| Beta | 1.57 | ||||
| Market Capitalization | 7.56 B | ||||
| Total Asset | 199.85 M | ||||
| Retained Earnings | (626.94 M) | ||||
| Working Capital | 154.9 M | ||||
| Net Asset | 199.85 M |
About D Wave Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze D Wave Quantum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of D Wave using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of D Wave Quantum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for QBTS Stock Analysis
When running D Wave's price analysis, check to measure D Wave's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.