Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q1 2026: D-Wave Quantum 0.003, Xanadu 0.002.
D-Wave Quantum vs Xanadu Net Worth and Market Cap
D-Wave Quantum (QBTS) and Xanadu (XNDU) are peers in Quantum. D-Wave Quantum reported revenue of $3M as of Q1 2026, compared with $2M for Xanadu. D-Wave Quantum leads on revenue.
D-Wave Quantum's gross margin is 63.6% versus 96.0% for Xanadu. D-Wave Quantum's net margin is -642.3% versus -727.5% 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 | $2.00M |
| Operating Income | $-55.00M | $-17.00M |
| Net Income | $-18.00M | $-15.00M |
| R&D Expense | $26.00M | $12.00M |
| Earnings Per Share | -$0.05 | -$0.49 |
| Gross Margin | 63.6% | 96.0% |
| Operating Margin | -1914.9% | -821.6% |
| Net Profit Margin | -642.3% | -727.5% |
| Free Cash Flow | $-46.00M | $-5.00M |
| Cumulative Free Cash Flow | $-311.00M | $-16.00M |
| Operating Cash Flow | $-45.00M | $-5.00M |
| Cash & Equivalents | $338.00M | $194.00M |
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