D-Wave Quantum (QBTS) Cost of Revenue (2021 - 2026)
D-Wave Quantum's Cost of Revenue came in at $1.37 million for Q2 2026, up 22.6% from $1.12 million a year earlier and up 31.9% from the prior quarter.
D-Wave Quantum (QBTS) Cost of Revenue (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, D-Wave Quantum reported Cost of Revenue of $4.45 million, up 13.9% year-over-year; for FY2025, it was $4.28 million, up 31.2% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 36.2% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $3.26 million in FY2024 (-21.1%), $4.14 million in FY2023 (+41.5%), $2.92 million in FY2022 (+67.0%) and $1.75 million in FY2021 (+91.3%).
- The Q2 2026 figure represents the highest quarterly Cost of Revenue in data going back to Q2 2021.
- Year-over-year, Cost of Revenue increased in five of the last eight quarters, with growth averaging 13.7%.
- The fastest year-over-year change in Cost of Revenue over five years came in Q3 2022 (growth of 113.0%), and the weakest in Q1 2024 (a decline of 30.6%).
- Business Quant data shows QBTS's Cost of Revenue at $1.04 million (Q1 2026), $968,000 (Q4 2025) and $1.07 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
D-Wave Quantum Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=QBTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "QBTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();