
D-Wave Quantum (QBTS) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Nov 10, 2026 | $-0.13 | $-0.11 | -18.2 % |
| Q2 | Aug 6, 2026 | $-0.13 | $-0.10 | -30.0 % |
| Q1 | May 12, 2026 | $-0.05 | $-0.08 | 37.5 % |
| Q4 | Feb 26, 2026 | $-0.09 | $-0.06 | -50.0 % |
Quarterly Revenue (Billions)
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Nov 10, 2026 | $4.51M | $4.26M | 5.95 % |
| Q2 | Aug 6, 2026 | $3.08M | $4.04M | -23.9 % |
| Q1 | May 12, 2026 | $2.86M | $4.31M | -33.7 % |
| Q4 | Feb 26, 2026 | $2.75M | $3.90M | -29.4 % |
D-Wave Quantum (QBTS) last issued guidance on March 13, 2025 for Q1 2025. The company guided revenue in the range of for the period.
Compared to prior guidance, D-Wave Quantum lowered its revenue forecast from a prior range of $11M - $13M.
D-Wave Quantum has issued 6 guidance updates between April 14, 2023 and November 9, 2023. During this period, the company lowered its outlook 3 times, signaling management's revised expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $-0.11 | $-0.10 | $-0.08 | $-0.06 |
| Actual | $-0.13 | $-0.13 | $-0.05 | $-0.09 |
| Surprise | -18.2% | -30.0% | +37.5% | -50.0% |
| Revenue | ||||
| Estimate | $4.3M | $4.0M | $4.3M | $3.9M |
| Actual | $4.5M | $3.1M | $2.9M | $2.8M |
| Surprise | +5.95% | -23.9% | -33.7% | -29.4% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $-0.10 | $-0.11 | $-0.13 | $-0.14 |
| Revenue | ||||
| Consensus | $14.9M | $14.3M | — | — |