QBTS (D-Wave Quantum) Net Margin % : -1,214.55% (As of Sep. 2024)

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What is D-Wave Quantum Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. D-Wave Quantum's Net Income for the three months ended in Sep. 2024 was $-22.71 Mil. D-Wave Quantum's Revenue for the three months ended in Sep. 2024 was $1.87 Mil. Therefore, D-Wave Quantum's net margin for the quarter that ended in Sep. 2024 was -1,214.55%.

The historical rank and industry rank for D-Wave Quantum's Net Margin % or its related term are showing as below:

QBTS' s Net Margin % Range Over the Past 10 Years
Min: -944.45 Med: -700.61 Max: -425.72
Current: -783.28

QBTS's Net Margin % is ranked worse than
98.9% of 2445 companies
in the Hardware industry
Industry Median: 2.62 vs QBTS: -783.28

D-Wave Quantum Net Margin % Historical Data

The historical data trend for D-Wave Quantum's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

D-Wave Quantum Net Margin % Chart

D-Wave Quantum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-425.72

-652.54

-748.67

-944.45

D-Wave Quantum Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Net Margin %	Get a 7-Day Free Trial											-628.65	-551.07	-702.31	-814.38	-1,214.55

Competitive Comparison of D-Wave Quantum's Net Margin %

For the Computer Hardware subindustry, D-Wave Quantum's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

D-Wave Quantum's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, D-Wave Quantum's Net Margin % distribution charts can be found below:

* The bar in red indicates where D-Wave Quantum's Net Margin % falls into.

D-Wave Quantum Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

D-Wave Quantum's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-82.715	/	8.758
	=	-944.45 %

D-Wave Quantum's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin	=	Net Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	-22.712	/	1.87
	=	-1,214.55 %

D-Wave Quantum (NYSE:QBTS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

D-Wave Quantum Net Margin % Related Terms

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D-Wave Quantum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Wave Quantum Inc. (NYSE:QBTS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

RQ0:Germany

Address

2650 East Bayshore Road, Palo Alto, CA, USA, 94303

Website

https://www.dwavesys.com

D-Wave Quantum Inc. is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. The Company's mission is to unlock the power of quantum computing today to benefit business and society. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the Company's LeapTM cloud service.

Executives

Emil Michael	director	C/O DPCM CAPITAL, INC., 382 NE 191 STREET, # 24148, MIAMI FL 33179
Diane Nguyen	officer: General Counsel	3033 BETA AVENUE, BURNABY A1 V5G4M9
Victoria Brydon	officer: See remarks	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Smalley Philip Adam Iii	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Ziv Ehrenfeld	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Steven M West	director	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Stone Street 2014 Holdings, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014 Employee Offshore Aggregator, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014, L.p. Mbd	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198
Bridge Street 2014, L.p.	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198
Roger Biscay	director	1545 RIVER PARK DRIVE, SUITE 210, SACRAMENTO CA 95815
Gelderen Eduard Van	director	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Jennifer S. Houston	officer: Chief Marketing Officer	3033 BETA AVENUE, BURNABY A1 V5G 4M9