D-Wave Quantum Inc. reported earnings results for the fourth quarter and full year ended December 31, 2025. For the fourth quarter, the company reported sales was USD 2.75 million compared to USD 2.31 million a year ago. Net loss was USD 42.33 million compared to USD 86.08 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.37 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to USD 0.37 a year ago.
For the full year, sales was USD 24.59 million compared to USD 8.83 million a year ago. Net loss was USD 355.06 million compared to USD 143.88 million a year ago. Basic loss per share from continuing operations was USD 1.11 compared to USD 0.75 a year ago.
D-Wave Quantum Inc. is a quantum computing company, which is engaged in the development and delivery of quantum computing systems, software, and services. The Company builds and delivers systems, cloud services, application development tools, and professional services to support the end-to-end quantum computing journey for enterprises and developers. The Company's products include Cloud Platform, Systems, Professional Services, and others. Under its Cloud Platform, the Leap quantum cloud service delivers immediate, real-time access to its quantum computers and hybrid solvers services. Under its Systems, the Advantage quantum system is a quantum computer designed for business. It also offers quantum applications to a range of customers, including resource scheduling, factory scheduling, industrial construction design, drug discovery, and others. It offers solutions across workforce scheduling, production scheduling, vehicle routing, resource optimization, and cargo loading.
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