D-Wave Quantum (D-Wave Quantum) Retained Earnings : $-483.06 Mil (As of Dec. 2023)

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What is D-Wave Quantum Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. D-Wave Quantum's retained earnings for the quarter that ended in Dec. 2023 was $-483.06 Mil.

D-Wave Quantum's quarterly retained earnings declined from Jun. 2023 ($-427.30 Mil) to Sep. 2023 ($-443.13 Mil) and declined from Sep. 2023 ($-443.13 Mil) to Dec. 2023 ($-483.06 Mil).

D-Wave Quantum's annual retained earnings declined from Dec. 2021 ($-346.64 Mil) to Dec. 2022 ($-400.35 Mil) and declined from Dec. 2022 ($-400.35 Mil) to Dec. 2023 ($-483.06 Mil).

D-Wave Quantum Retained Earnings Historical Data

The historical data trend for D-Wave Quantum's Retained Earnings 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.

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D-Wave Quantum Retained Earnings Chart

D-Wave Quantum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-293.72

-346.64

-400.35

-483.06

D-Wave Quantum Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial								-400.35	-401.41	-427.30	-443.13	-483.06

D-Wave Quantum Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

D-Wave Quantum (NYSE:QBTS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

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

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Wave Quantum Inc (NYSE:QBTS) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

RQ0:Germany

Address

3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9

Website

https://www.dwavesys.com

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