D-Wave Quantum (QBTS) Cost of Revenue (2021 - 2026)

D-Wave Quantum (QBTS) has 6 years of Cost of Revenue data on file, last reported at $1.0 million in Q1 2026.

• Quarterly Cost of Revenue fell 84.98% year-over-year to $1.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $22.9 million (up 221.99% YoY) and the FY2025 annual result came in at $28.8 million, up 780.94% from the prior year.
• Cost of Revenue fell to $1.0 million in Q1 2026 per QBTS's latest filing, from $8.3 million in the prior quarter.
• The five-year high for Cost of Revenue was $8.3 million in Q4 2025, with the low at -$8.0 million in Q4 2024.
• Average Cost of Revenue over 5 years is $2.8 million, with a median of $2.5 million recorded in 2023.
• Year-over-year, Cost of Revenue sank 430.28% in 2024 and surged 758.93% in 2025.
• D-Wave Quantum's Cost of Revenue stood at $4.1 million in 2022, then plunged by 40.92% to $2.4 million in 2023, then slumped by 430.28% to -$8.0 million in 2024, then soared by 203.49% to $8.3 million in 2025, then sank by 87.4% to $1.0 million in 2026.
• Business Quant data shows QBTS's Cost of Revenue at $1.0 million in Q1 2026, $8.3 million in Q4 2025, and $6.9 million in Q3 2025.