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D-Wave Quantum (D-Wave Quantum) Pretax Margin % : -551.07% (As of Dec. 2023)


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What is D-Wave Quantum Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. D-Wave Quantum's Pre-Tax Income for the three months ended in Dec. 2023 was $-16.01 Mil. D-Wave Quantum's Revenue for the three months ended in Dec. 2023 was $2.91 Mil. Therefore, D-Wave Quantum's pretax margin for the quarter that ended in Dec. 2023 was -551.07%.

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

QBTS' s Pretax Margin % Range Over the Past 10 Years
Min: -947.77   Med: -700.61   Max: -425.72
Current: -947.77


QBTS's Pretax Margin % is ranked worse than
98.9% of 2465 companies
in the Hardware industry
Industry Median: 3.56 vs QBTS: -947.77

D-Wave Quantum Pretax Margin % Historical Data

The historical data trend for D-Wave Quantum's Pretax 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 Pretax Margin % Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax 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
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -742.34 -1,554.52 -1,534.21 -628.65 -551.07

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

For the Computer Hardware subindustry, D-Wave Quantum's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Hardware Industry

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

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



D-Wave Quantum Pretax Margin % Calculation

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

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

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

D-Wave Quantum's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-16.014/2.906
=-551.07 %

* 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  (NYSE:QBTS) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


D-Wave Quantum Pretax Margin % Related Terms

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D-Wave Quantum (D-Wave Quantum) Business Description

Traded in Other Exchanges
Address
3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9
D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of 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. Geographically, it derives a majority of its revenue from the United States.
Executives
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
Broad Street Principal Investments, L.l.c. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Roger Biscay director 1545 RIVER PARK DRIVE, SUITE 210, SACRAMENTO CA 95815
Alan E Baratz director, officer: President & CEO 3033 BETA AVENUE, BURNABY A1 V5G 4M9
Gelderen Eduard Van director 3033 BETA AVENUE, BURNABY A1 V5G 4M9