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
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