QBTS Earnings

QBTS reported its earnings on 2026-02-26, showcasing a revenue of against an estimate of 4.14M, resulting in a 0% surprise. The EPS was 0, surpassing the expected -0.05 by 0%. The stock experienced a 2.49% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following QBTS's earnings announcement on 2026-02-26, the stock price moved by 2.49% on the day of the release. Over the subsequent five days, it saw a 0% change. Historically, QBTS's stock price tends to shift by an average of 2.93% in the 10 days leading up to earnings and 6.76% in the 10 days following, providing insight into potential market.

For 2025/Q4, analysts estimate QBTS's annual revenue to reach 3.73M, while the EPS is projected at -0.06. These estimates reflect recent revisions, with revenue estimates revised upward by 0.74% and EPS estimates revised upward by 6.51% 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 revised upward by 0.74%, while EPS estimates moved revised upward by 6.51%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, QBTS's stock price typically moves by 2.93% in the 10 days before its earnings and 6.76% in the 10 days after. For the upcoming 2025/Q4 earnings, analysts expect an EPS of -0.06 and revenue of 3.73M.

The earnings call highlights several positive aspects: ongoing product development, a strong pipeline, and strategic government opportunities. The Q&A section reveals some uncertainties, such as unclear timelines and retention rates, but these are outweighed by the positive sentiment around new contracts, system scalability, and the company's market positioning. The absence of negative financial indicators and the potential for significant government contracts suggest a positive outlook for stock price movement.