D-Wave Quantum (QBTS) Current Deferred Revenue (2020 - 2026)
D-Wave Quantum (QBTS) posted Current Deferred Revenue of $11.6 million for Q1 2026, up 316.7% sequentially from $2.8 million in Q4 2025, and up 85.25% YoY from $6.2 million in Q1 2025.
D-Wave Quantum (QBTS) Current Deferred Revenue (2020 - 2026) Analysis & Trends
D-Wave Quantum has reported Current Deferred Revenue for 7 years, with the latest figure at $11.6 million in Q1 2026.
- Quarterly Current Deferred Revenue rose 85.25% year-over-year to $11.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.6 million (up 85.25% YoY) and the FY2025 annual result came in at $2.8 million, down 85.65% from the prior year.
- Current Deferred Revenue rose to $11.6 million in Q1 2026 per QBTS's latest filing, from $2.8 million in the prior quarter.
- Over five years, Current Deferred Revenue peaked at $19.4 million in Q4 2024 and troughed at $1.7 million in Q3 2022.
- A 5-year average of $4.5 million and a median of $2.8 million in 2023 frame the typical range for Current Deferred Revenue.
- The sharpest annual moves came in 2024 and 2025: Current Deferred Revenue jumped 604.37% in 2024, then sank 85.65% in 2025.
- Over 5 years, Current Deferred Revenue stood at $1.8 million in 2022, then jumped by 53.52% to $2.7 million in 2023, then surged by 604.37% to $19.4 million in 2024, then tumbled by 85.65% to $2.8 million in 2025, then jumped by 316.7% to $11.6 million in 2026.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $11.6 million, $2.8 million, and $3.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn |
| 10 | D-Wave Quantum | 7.35 Bn | 7.35 Bn | 1.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.58 Mn |
| Dec 31, 2025 | 2.78 Mn |
| Sep 30, 2025 | 3.39 Mn |
| Jun 30, 2025 | 5.56 Mn |
| Mar 31, 2025 | 6.25 Mn |
| Dec 31, 2024 | 19.36 Mn |
| Sep 30, 2024 | 2.97 Mn |
| Jun 30, 2024 | 2.62 Mn |
| Mar 31, 2024 | 2.40 Mn |
| Dec 31, 2023 | 2.75 Mn |
| Sep 30, 2023 | 2.27 Mn |
| Jun 30, 2023 | 2.95 Mn |
| Mar 31, 2023 | 1.79 Mn |
| Dec 31, 2022 | 1.79 Mn |
| Sep 30, 2022 | 1.67 Mn |
| Jun 30, 2022 | 2.60 Mn |
| Dec 31, 2021 | 2.72 Mn |
| Dec 31, 2020 | 4.71 Mn |