D-Wave Quantum vs Quantinuum: Revenue Comparison
D-Wave Quantum (QBTS) and Quantinuum (QNT) are peers in Quantum. D-Wave Quantum reported revenue of $3M as of Q1 2026, compared with $5M for Quantinuum. Quantinuum leads on revenue.
D-Wave Quantum's gross margin is 63.6% versus 65.1% for Quantinuum. D-Wave Quantum's net margin is -642.3% versus -319.6% for Quantinuum.
Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q1 2026: D-Wave Quantum 0.003, Quantinuum 0.005.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, D-Wave Quantum, Quantinuum.| Metric | D-Wave Quantum | Quantinuum |
|---|---|---|
| Market Cap | - | - |
| Revenue | $3.00M | $5.00M |
| Cost of Revenue | $1.00M | $2.00M |
| Gross Profit | $2.00M | $3.00M |
| Operating Income | $-55.00M | $-138.00M |
| Net Income | $-18.00M | $-17.00M |
| R&D Expense | $26.00M | $75.00M |
| Earnings Per Share | -$0.05 | -$0.48 |
| Gross Margin | 63.6% | 65.1% |
| Operating Margin | -1914.9% | -2628.9% |
| Net Profit Margin | -642.3% | -319.6% |
| Free Cash Flow | $-46.00M | $-86.00M |
| Cumulative Free Cash Flow | $-311.00M | $-134.00M |
| Operating Cash Flow | $-45.00M | $-63.00M |
| Cash & Equivalents | $338.00M | $2.26B |