D-Wave Quantum (QBTS) Accumulated Expenses (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly Accumulated Expenses came in at $12.1 million in Q2 2026, up 4.77% year-over-year from $11.6 million in Q2 2025, and down 21.51% quarter-over-quarter from $15.5 million in Q1 2026.
Analysis
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 $12.1 million for Q2 2026.
- In Q2 2026, Accumulated Expenses rose 4.77% year-over-year to $12.1 million; the TTM figure through Jun 2026 stood at $12.1 million (up 4.77% YoY), while the FY2025 annual figure was $15.8 million, up 80.31% from the prior year.
- Accumulated Expenses came in at $12.1 million for Q2 2026 at D-Wave Quantum, down from $15.5 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 $5.0 million in Q2 2024.
- Average Accumulated Expenses over 5 years is $9.0 million, with a median of $8.8 million recorded in 2024.
- Year-over-year, Accumulated Expenses sank 53.35% in 2024 and soared 135.81% in 2026.
- Over 5 years, 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 dropped by 23.38% to $12.1 million in 2026.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $12.1 million in Q2 2026, $15.5 million in Q1 2026, and $15.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.14 Mn |
| 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 | 5.32 Mn |
| Jun 30, 2022 | 8.30 Mn |
| Dec 31, 2021 | 3.59 Mn |