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Stock impact report

D-Wave Quantum Inc (QBTS) Q4 2025 Earnings Call Highlights: Record Revenue Growth Amidst ... [Yahoo! Finance]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Fiscal 2025 Revenue: $24.6 million, up 179% from fiscal 2024. Q4 2025 Revenue: $2.8 million, up 19% from Q4 2024. Fiscal 2025 Bookings: $18.7 million, down 22% from fiscal 2024. Q4 2025 Bookings: $13.4 million, up 471% from Q3 2025. Fiscal 2025 GAAP Gross Profit: $20.3 million, up 265% from fiscal 2024. Fiscal 2025 Non-GAAP Gross Profit: $21.1 million, up 229% from fiscal 2024. Fiscal 2025 GAAP Gross Margin: 82.6%, up from 63% in fiscal 2024. Fiscal 2025 Non-GAAP Gross Margin: 86%, up from 72.8% in fiscal 2024. Fiscal 2025 Net Loss: $355 million or $1 per share. Fiscal 2025 Adjusted Net Loss: $84.5 million or $0.26 per share. Fiscal 2025 Adjusted EBITDA Loss: $71.8 million, up 28% from fiscal 2024. Q4 2025 GAAP Gross Profit: $1.8 million, up 21% from Q4 2024. Q4 2025 Non-GAAP Gross Profit: $2 million, up 17% from Q4 2024. Q4 2025 GAAP Gross Margin: 64.8%, up from 63.8% in Q4 2024. Q4 2025 Non-GAAP Gross Margin: 71 Show less Read more
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