D-Wave Quantum (QBTS) Accumulated Expenses (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Accumulated Expenses came in at $15.5 million in Q1 2026, up 135.81% year-on-year from $6.6 million in Q1 2025, and down 2.39% quarter-over-quarter from $15.8 million in Q4 2025.
D-Wave Quantum (QBTS) Accumulated Expenses (2021 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Accumulated Expenses across 6 years of filings, most recently posting $15.5 million for Q1 2026.
- Accumulated Expenses for Q1 2026 came in at $15.5 million, up 135.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.5 million (up 135.81% YoY), and the FY2025 annual result was $15.8 million, up 80.31% from the prior year.
- Accumulated Expenses came in at $15.5 million for Q1 2026 at D-Wave Quantum, down from $15.8 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $15.8 million in Q4 2025 to a low of $1.4 million in Q3 2022.
- The 5-year median for Accumulated Expenses is $8.5 million (2022), against an average of $8.6 million.
- Across the five-year window, Accumulated Expenses soared 567.87% in 2023 and slumped 53.35% in 2024, its largest moves.
- D-Wave Quantum's Accumulated Expenses stood at $6.7 million in 2022, then dropped by 20.1% to $5.3 million in 2023, then soared by 64.4% to $8.8 million in 2024, then jumped by 80.31% to $15.8 million in 2025, then fell by 2.39% to $15.5 million in 2026.
- The last three Accumulated Expenses figures came in at $15.5 million (Q1 2026), $15.8 million (Q4 2025), and $9.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn |
| 10 | D-Wave Quantum | 8.82 Bn | 8.82 Bn | 1.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |