KPIs & Operating Metrics(New)
BookingsBreakdown Of AssetsCommercial CustomersCommercial Customers AdditionsCost Of RevenueDeferred RevenueEmployee Statistics AnnualGross ProfitLong Lived Assets By GeographyNon Gaap ProfitabilityNon Gaap Profitability %Non Gaap Profitability AnnualNon Gaap Profitability Annual %Opex As A % Of RevenueOPEX SegregationRemaining Performance Obligations AnnualRevenue By GeographyRevenue By Geography %Revenue By Geography AnnualRevenue By Geography Annual %Revenue By Product Category AnnualRevenue By Product Category Annual %Revenue By Timing Of Recognition AnnualRevenue By Timing Of Recognition Annual %Total CustomersTotal Customers AdditionsTotal Net Loss Before Income TaxesTotal Property And Equipment, Net Breakdown
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Ratios

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

D-Wave Quantum's Cost of Revenue history spans 6 years, with the latest figure at $1.0 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue fell 84.98% to $1.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $22.9 million, a 221.99% increase, with the full-year FY2025 number at $28.8 million, up 780.94% from a year prior.
  • Cost of Revenue hit $1.0 million in Q1 2026 for D-Wave Quantum, down from $8.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for QBTS hit a ceiling of $8.3 million in Q4 2025 and a floor of -$8.0 million in Q4 2024.
  • Historically, Cost of Revenue has averaged $2.8 million across 5 years, with a median of $2.5 million in 2023.
  • Biggest five-year swings in Cost of Revenue: crashed 430.28% in 2024 and later soared 758.93% in 2025.
  • Tracing QBTS's Cost of Revenue over 5 years: stood at $4.1 million in 2022, then plummeted by 40.92% to $2.4 million in 2023, then crashed by 430.28% to -$8.0 million in 2024, then skyrocketed by 203.49% to $8.3 million in 2025, then crashed by 87.4% to $1.0 million in 2026.
  • Business Quant data shows Cost of Revenue for QBTS at $1.0 million in Q1 2026, $8.3 million in Q4 2025, and $6.9 million in Q3 2025.