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
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeNon Operating Investment IncomeNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
Others
Accumulated Depreciation & AmortizationAccumulated Depreciation & AmortizationCost of RevenueGross ProfitLeasesLong-Term Debt IssuancesLong-Term Debt RepaymentsMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Property, Plant & Equipment (Gross)Receivables - AccuredReceivables - NetReceivables - OtherShares IssuedShares OutstandingShares Outstanding
Ratios

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

D-Wave Quantum (QBTS) has disclosed Cost of Revenue for 5 consecutive years, with $968000.0 as the latest value for Q4 2025.

  • Quarterly Cost of Revenue fell 74.71% to $968000.0 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $15.6 million through Dec 2025, up 82.75% year-over-year, with the annual reading at $4.3 million for FY2025, 71.58% down from the prior year.
  • Cost of Revenue hit $968000.0 in Q4 2025 for D-Wave Quantum, down from $1.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $6.9 million in Q1 2025 to a low of -$3.1 million in Q4 2022.
  • Historically, Cost of Revenue has averaged $2.1 million across 5 years, with a median of $1.7 million in 2021.
  • Biggest five-year swings in Cost of Revenue: crashed 157.65% in 2022 and later soared 734.34% in 2025.
  • Year by year, Cost of Revenue stood at $5.3 million in 2021, then plummeted by 157.65% to -$3.1 million in 2022, then skyrocketed by 178.91% to $2.4 million in 2023, then soared by 58.53% to $3.8 million in 2024, then crashed by 74.71% to $968000.0 in 2025.
  • Business Quant data shows Cost of Revenue for QBTS at $968000.0 in Q4 2025, $1.1 million in Q3 2025, and $6.6 million in Q2 2025.