D-Wave Q3 revenue $1.7M (+30% YoY); net loss $13.1M, adjusted EBITDA -$12.4M

D-Wave Quantum Inc.

2022-Q3 EPS reported -$0.31 revenue$4,778,000

Revenue of $1.7M in Q3 2022, up 30% from $1.3M in Q3 2021.
Net loss of $13.1M ($0.11 per share) vs $4.2M ($0.03 per share) in Q3 2021.
Adjusted EBITDA negative $12.4M, up 36% from negative $9.2M in prior year.
Commercial customers grew 34% YoY to 63 in first nine months of 2022.
Operating expenses rose 52% to $16.4M, driven by investment in growth.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

D-Wave Quantum Inc. reported third quarter ended September 30, 2022 results: revenue $1.7 million, net income $13.1 million, or $0.11 per share.

Period: third quarter ended September 30, 2022
Revenue: $1.7 million
Net income: $13.1 million, or $0.11 per share
Result: reported results

Exact text from the filing

Revenue for the third quarter of fiscal 2022 was $1.7 million, an increase of $388,000, or 30%, from $1.3 million in the third quarter of fiscal 2021 and an increase of $324,000, or 24%, from the immediately prior fiscal 2022 second quarter revenue of $1.4 million

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

D-Wave Quantum Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-281937

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.