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QBTS $9.05 -12.81%
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QBTS · D-Wave Quantum Inc.
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$9.05 -1.33 (-12.81%) At close · Nov 5 Play latest call Q2 2026 earnings call transcript
Market Cap
$3.28B
Shares
369.26M
Volume · Nov 5 25.33M Avg daily vol (3M) 15.21M
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Earnings call · FY2023 Q3

D-Wave Quantum Inc. (QBTS) Q3 2023 Earnings Call

Concluded Nov 9, 2023
Nov 9, 2023
Period
FY2023 Q3
Runtime
—
Sources
2 artifacts
Revenue $2.56M +51.2% YoY
Diluted EPS -$0.12
Gross margin 59.7% -1.7 pp YoY
Net income -$16.11M
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Executive readout · one minute

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Forward guidance

1 guided metrics

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Research coverage

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Forward guidance

From the 8-K filed Nov 9, 2023.

Metric Guided Actual
Fiscal 2023 revenue Lowered
fiscal 2023
$10M – $11.5M $8.76M below

Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Professional Services$1.34M +285.6% YoY
QCaaS$1.13M -15.9% YoY
Product And Service Other$92,000 +4500% YoY
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