It’s that time again for quarterly earnings. Here’s the schedule and some background.
Three of the four small public quantum computing companies have announced their earnings and financial results calls for the first quarter of 2025. The online events are usually open to the public, and the access information for each is in the links below.
I’ve also included links to my previous coverage of the companies’ Q4 and FY 2024 earnings reports.
The fourth company, Quantum Computing Inc., announced its earnings in March. It makes interesting reading. I suggest you read my Rigetti and D-Wave reports before you read QCI’s statement.
Don’t forget to check out and bookmark our new sortable list of upcoming quantum technology conferences.
The latest Sutor Group report is freely available online: Quantum Processing Unit (QPU) Market Landscape (Abridged) – April 3, 2025. Updates and the full report are available for purchase or by subscription. Contact us for details.
Contents
D-Wave Quantum
Sutor Group Earnings Brief: D-Wave Quantum Announces Financial Results for Q4 2024 and FY 2024 – Sutor Group
Author: Bob Sutor
Date: Friday, March 14, 2025
Excerpt: Despite talk of bookings and technical achievements, D-Wave’s revenue was down year-over-year for the fourth quarter and only up 0.8% for the full year. This is not a growth scenario, especially for a company founded in 1999.
D-Wave Quantum to Report First Quarter Fiscal Year 2025 Financial Results on May 8, 2025
Date: Thursday, April 24, 2025
Excerpt: D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the first quarter of fiscal year 2025 ended March 31, 2025 on Thursday, May 8 before market open.
IonQ
Sutor Group Earnings Brief: IonQ Announces Financial Results for Q4 2024 and FY 2024 – Sutor Group
Author: Bob Sutor
Date: Thursday, February 27, 2025
Excerpt: While quarterly income was up an impressive 91.8% from Q4 2023, it was down 5.8% from the previous quarter.
IonQ to Report First Quarter 2025 Financial Results on May 7, 2025
Date: Wednesday, April 16, 2025
Excerpt: IonQ (NYSE: IONQ), a leader in the quantum computing and networking industries, today announced that the company will release its financial results for the quarter ended March 31, 2025, on Wednesday, May 7, 2025, after the financial markets close.
Quantum Computing Inc.
Quantum Computing Inc. Reports Fourth Quarter 2024 Financial Results
Date: Thursday, March 20, 2025
Excerpt: Fourth quarter 2024 revenues totaled approximately $62,000 (55% gross margin) compared to $75,000 (13% gross margin) generated in the fourth quarter 2023.
Rigetti Computing
Sutor Group Earnings Brief: Rigetti Computing Announces Financial Results for Q4 2024 and FY 2024 – Sutor Group
Author: Bob Sutor
Date: Thursday, March 6, 2025
Excerpt: Revenue continues to drop over sequential quarters and year to year in Q4.
Rigetti Computing to Report First Quarter 2025 Financial Results and Host Conference Call on May 12, 2025
Date: Monday, April 28, 2025
Excerpt: Rigetti Computing, Inc. (“Rigetti” or the “Company”) (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release first quarter 2025 results on May 12, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day.
Sutor Group Intelligence and Advisory
Dr. Bob Sutor is the CEO and Founder of Sutor Group Intelligence and Advisory. Sutor Group provides broad market insights and deep technical expertise based on over four decades of experience with startups and large corporations. It advises Deep Tech startups, companies, and investors on quantum technologies, AI, and other emerging tech fields.
Sutor Group shares its knowledge and analysis through direct client engagements and seminars, reports, newsletters, books, written and on-air media appearances, and speaking and panel moderation at the top conferences and client events.
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