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| 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 |