QBTS Earnings

QBTS reported its earnings on 2026-05-12, showcasing a revenue of against an estimate of 5.01M, resulting in a 0% surprise. The EPS was 0, surpassing the expected -0.1 by 0%. The stock experienced a -6.99% price change on the earnings day and a -15.31% change over the next five days, reflecting market reactions to the results.

Following QBTS's earnings announcement on 2026-05-12, the stock price moved by -6.99% on the day of the release. Over the subsequent five days, it saw a -15.31% change. Historically, QBTS's stock price tends to shift by an average of -1.87% in the 10 days leading up to earnings and 10.6% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate QBTS's annual revenue to reach 6.38M, while the EPS is projected at -0.06. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between QBTS's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, QBTS's stock price typically moves by -1.87% in the 10 days before its earnings and 10.6% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of -0.06 and revenue of 6.38M.

The earnings call showed a strong financial performance with a 25% increase in revenue and improved gross margins. Operating expenses decreased, and there was a notable improvement in adjusted EBITDA loss. Bookings rose by 20%, indicating strong customer acquisition and retention. The lack of strategic initiatives or risks discussed may limit the upside, but overall, the financial metrics suggest a positive sentiment, likely leading to a 2% to 8% stock price increase.