D-Wave Quantum (XSWX:QBTS) Pre-Tax Income: CHF-220.41 Mil (TTM As of Jun. 2026)

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XSWX:QBTS D-Wave Quantum Inc XSWX:QBTS
40 GF Score
Price CHF17.00
GF Value CHF6.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is D-Wave Quantum Pre-Tax Income?

D-Wave Quantum XSWX:QBTS 40 Pre-Tax Income is CHF-220.41 Mil as of Jun. 2026. GuruFocus rates XSWX:QBTS with a GF Score™ of 40/100 and a GF Value™ of CHF6.38 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. D-Wave Quantum's pretax income for the three months ended in Jun. 2026 was CHF-38.38 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was CHF-220.41 Mil. D-Wave Quantum's pretax margin was -1,560.88%.

During the past 6 years, D-Wave Quantum's highest Pretax Margin was -425.72%. The lowest was -2230.51%. And the median was -846.56%.


D-Wave Quantum  (XSWX:QBTS) Pre-Tax Income Explanation

D-Wave Quantum's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-38.382/2.459
=-1,560.88%

During the past 6 years, D-Wave Quantum's highest Pretax Margin was -425.72%. The lowest was -2230.51%. And the median was -846.56%.

* 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.


D-Wave Quantum Pre-Tax Income Related Terms


D-Wave Quantum Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for D-Wave Quantum's Pre-Tax Income 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.

D-Wave Quantum Pre-Tax Income Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial -37.74 -50.03 -71.53 -128.28 -282.95

D-Wave Quantum Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -136.07 -111.44 -33.73 -36.85 -38.38

XSWX:QBTS vs RGTI, QUBT, BRAI: Pre-Tax Income Comparison

For the Computer Hardware subindustry, D-Wave Quantum's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Hardware Industry

For the Hardware industry and Technology sector, D-Wave Quantum's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where D-Wave Quantum's Pre-Tax Income falls into.


XSWX:QBTS
40GF Score
D-Wave Quantum Inc XSWX:QBTS
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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D-Wave Quantum Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

D-Wave Quantum's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-79.983+-218.985+-3.198+19.217+0
=-282.95

D-Wave Quantum's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-42.585+0.388+-0.204+4.019+7.105427357601E-15
=-38.38

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-220.41 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of CHF-220.41 Mil mean?
D-Wave Quantum (XSWX:QBTS) has a Pre-Tax Income of CHF-220.41 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on D-Wave Quantum and its competitors.
Is D-Wave Quantum's Pre-Tax Income too high?
D-Wave Quantum's current Pre-Tax Income is CHF-220.41 Mil. Overall, D-Wave Quantum has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-Wave Quantum's Pre-Tax Income compare to RGTI and QUBT?
D-Wave Quantum's Pre-Tax Income of CHF-220.41 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Hardware company?
A good Pre-Tax Income depends on the Hardware industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on D-Wave Quantum and its competitors. D-Wave Quantum's current Pre-Tax Income is CHF-220.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-Wave Quantum stock overvalued right now?
Based on GuruFocus' analysis, D-Wave Quantum (XSWX:QBTS) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF6.38, compared to a current price of CHF17.00 — trading 166.5% above its estimated fair value. The current Pre-Tax Income is CHF-220.41 Mil. D-Wave Quantum's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For D-Wave Quantum (XSWX:QBTS), the current Pre-Tax Income is CHF-220.41 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is D-Wave Quantum (XSWX:QBTS) Overvalued in 2026?

Based on GuruFocus' analysis, D-Wave Quantum stock appears to be overvalued. The current stock price of CHF17.00 is trading 166.5% above its estimated GF Value™ of CHF6.38. GuruFocus considers D-Wave Quantum to be Significantly Overvalued.

Key valuation signals for XSWX:QBTS:

  • Pre-Tax Income: CHF-220.41 Mil
  • GF Value™: CHF6.38 vs. price of CHF17.00 (166.5% above fair value)
  • GF Score™: 40/100 with 6 warning signs

No single metric tells the full story. See the XSWX:QBTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D-Wave Quantum Business Description

Address 2650 East Bayshore Road, Palo Alto, CA, USA, 94303
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. 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.
40GF Score

Get the complete analysis for XSWX:QBTS

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF17.00
Price
CHF6.38
GF Value