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D-Wave Quantum (QBTS) Cost Of Revenue (2021 - 2025)

D-Wave Quantum's Cost of Revenue history spans 5 years, with the latest figure at $14.1 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 11.81% year-over-year to $14.1 million; the TTM value through Dec 2025 reached $28.8 million, up 213.22%, while the annual FY2025 figure was $28.8 million, 90.88% up from the prior year.
  • Cost of Revenue for Q4 2025 was $14.1 million at D-Wave Quantum, up from $1.1 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $14.1 million in Q4 2025 and bottomed at -$5.1 million in Q3 2024.
  • The 5-year median for Cost of Revenue is $1.7 million (2021), against an average of $3.1 million.
  • The largest annual shift saw Cost of Revenue tumbled 304.41% in 2024 before it surged 758.93% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at -$2.2 million in 2021, then soared by 468.99% to $8.2 million in 2022, then crashed by 49.43% to $4.2 million in 2023, then skyrocketed by 204.34% to $12.6 million in 2024, then rose by 11.81% to $14.1 million in 2025.
  • Per Business Quant, the three most recent readings for QBTS's Cost of Revenue are $14.1 million (Q4 2025), $1.1 million (Q3 2025), and $6.6 million (Q2 2025).