Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: D-Wave Quantum 0.003, Xanadu 0.002.
D-Wave Quantum vs Xanadu: Revenue Comparison
D-Wave Quantum (QBTS) and Xanadu (XNDU) are peers in Quantum. D-Wave Quantum reported revenue of $3M as of Q2 2026, compared with $2M for Xanadu. D-Wave Quantum leads on revenue.
D-Wave Quantum's gross margin is 55.4% versus 91.5% for Xanadu. D-Wave Quantum's net margin is -1561.4% versus -2783.0% for Xanadu.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, D-Wave Quantum, Xanadu.| Metric | D-Wave Quantum | Xanadu |
|---|---|---|
| Market Cap | - | - |
| Revenue | $3.00M | $2.00M |
| Cost of Revenue | $1.00M | $0 |
| Gross Profit | $2.00M | $1.00M |
| Operating Income | $-53.00M | $-30.00M |
| Net Income | $-48.00M | $-43.00M |
| R&D Expense | $28.00M | $20.00M |
| Earnings Per Share | -$0.13 | -$0.14 |
| Gross Margin | 55.4% | 91.5% |
| Operating Margin | -1732.0% | -1984.8% |
| Net Profit Margin | -1561.4% | -2783.0% |
| Free Cash Flow | $-33.00M | $-31.00M |
| Cumulative Free Cash Flow | $-344.00M | $-50.00M |
| Operating Cash Flow | $-29.00M | $-24.00M |
| Cash & Equivalents | $297.00M | $317.00M |