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AI Earnings Analysis
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue | $24.59M | $8.83M | +178.54% |
Cost of Revenue | $4.28M | $3.26M | +31.16% |
Gross Profit | $20.31M | $5.56M | +265.02% |
Operating Income | $-100.37M | $-77.22M | -29.97% |
Net Income | $-355.06M | $-143.88M | -146.78% |
EPS (Basic) | $-1.11 | $-0.75 | -48.00% |
EPS (Diluted) | $-1.11 | $-0.75 | -48.00% |
R&D Expense | $50.73M | $35.3M | +43.72% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Total Assets | $915.81M | $199.85M | +358.24% |
Current Assets | $896.23M | $185.04M | +384.35% |
Total Liabilities | $63.58M | $137.21M | -53.66% |
Current Liabilities | $21.15M | $30.14M | -29.85% |
Stockholders' Equity | $852.23M | $62.65M | +1260.39% |
Cash & Equivalents | $635.35M | $177.98M | +256.98% |
Long-Term Debt | $35.83M | $30.13M | +18.91% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Cash Flow | $-71.98M | $-42.64M | -68.80% |
Investing Cash Flow | $-251.13M | $-3.14M | -7895.38% |
Financing Cash Flow | $779.15M | $182.45M | +327.05% |
D&A | $1.56M | $1.11M | +40.94% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Gross Margin | 82.6% | 63.0% | +19.57% |
Operating Margin | -408.2% | -874.8% | +466.63% |
Net Margin | -1444.1% | — | — |
ROE | -41.7% | — | — |
ROA | -38.8% | — | — |
Current Ratio | $42.379 | — | — |
Debt to Equity | $0.075 | — | — |
QBTS experienced significant revenue growth in 2025, but faced increased net losses and cash flow challenges, highlighting a need for strategic financial management.
The company achieved a remarkable 178.5% increase in revenue, driven by expanded market reach and product offerings.
Source: Source: 10-K Income Statement, p.1
R&D expenses rose by 43.7%, indicating a focus on innovation and long-term product development.
Source: Source: 10-K Income Statement, p.1
Financing cash flow increased by 327%, primarily due to equity financing activities, boosting the company's liquidity position.
Source: Source: 10-K Cash Flow Statement, p.1
Despite revenue growth, the company reported a significant operating loss of $100.4M, which could impact future profitability if not addressed.
Source: Source: 10-K Income Statement, p.1
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