D-Wave Quantum (QBTS) Accumulated Expenses (2021 - 2026)

D-Wave Quantum (QBTS) posted Accumulated Expenses of $15.5 million for Q1 2026, down 2.39% sequentially from $15.8 million in Q4 2025, and up 135.81% YoY from $6.6 million in Q1 2025.

D-Wave Quantum (QBTS) Accumulated Expenses (2021 - 2026) Analysis & Trends

D-Wave Quantum has reported Accumulated Expenses for 6 years, with the latest figure at $15.5 million in Q1 2026.

  • Quarterly Accumulated Expenses rose 135.81% year-over-year to $15.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.5 million (up 135.81% YoY) and the FY2025 annual result came in at $15.8 million, up 80.31% from the prior year.
  • Accumulated Expenses fell to $15.5 million in Q1 2026 per QBTS's latest filing, from $15.8 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $15.8 million in Q4 2025 and troughed at $1.4 million in Q3 2022.
  • A 5-year average of $8.6 million and a median of $8.5 million in 2022 frame the typical range for Accumulated Expenses.
  • The sharpest annual moves came in 2023 and 2024: Accumulated Expenses surged 567.87% in 2023, then slumped 53.35% in 2024.
  • Over 5 years, Accumulated Expenses stood at $6.7 million in 2022, then fell by 20.1% to $5.3 million in 2023, then surged by 64.4% to $8.8 million in 2024, then soared by 80.31% to $15.8 million in 2025, then decreased by 2.39% to $15.5 million in 2026.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $15.5 million, $15.8 million, and $9.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn
10 D-Wave Quantum 7.35 Bn 7.35 Bn 1.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.46 Mn
Dec 31, 2025 15.84 Mn
Sep 30, 2025 9.50 Mn
Jun 30, 2025 11.58 Mn
Mar 31, 2025 6.56 Mn
Dec 31, 2024 8.78 Mn
Sep 30, 2024 6.57 Mn
Jun 30, 2024 5.04 Mn
Mar 31, 2024 6.01 Mn
Dec 31, 2023 5.34 Mn
Sep 30, 2023 9.60 Mn
Jun 30, 2023 10.80 Mn
Mar 31, 2023 9.86 Mn
Dec 31, 2022 6.69 Mn
Sep 30, 2022 1.44 Mn
Jun 30, 2022 8.30 Mn
Dec 31, 2021 3.59 Mn