QBTS Q4 Earnings Miss Estimates, Revenue Rise Y/Y, Stock Climbs

Key Takeaways QBTS reports a Q4 loss of 12 cents, missing estimates, as revenues rise 19% y/y.D-Wave posts $13.4M in Q4 bookings, down 27%, but January bookings exceed $30M.QBTS ends 2025 with $884.5M cash after warrant exercises and the Advantage2 system launch.D-Wave Quantum Inc. (QBTS) reported a fourth-quarter 2025 net loss of 12 cents per share compared with the Zacks Consensus Estimate of a loss of 5 cents. However, the figure compares favorably with the year-ago period’s loss of 37 cents.Excluding on ...