D-Wave Quantum (QBTS) Current Deferred Revenue (2020 - 2026)
D-Wave Quantum's (QBTS) quarterly Current Deferred Revenue came in at $10.6 million in Q2 2026, up 89.86% year-over-year from $5.6 million in Q2 2025, and down 8.81% quarter-over-quarter from $11.6 million in Q1 2026.
Analysis
D-Wave Quantum (QBTS) Current Deferred Revenue (2020 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Current Deferred Revenue across 7 years of filings, most recently posting $10.6 million for Q2 2026.
- In Q2 2026, Current Deferred Revenue rose 89.86% year-over-year to $10.6 million; the TTM figure through Jun 2026 stood at $10.6 million (up 89.86% YoY), while the FY2025 annual figure was $3.3 million, down 82.75% from the prior year.
- Current Deferred Revenue came in at $10.6 million for Q2 2026 at D-Wave Quantum, down from $11.6 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $19.4 million in Q4 2024 to a low of $1.7 million in Q3 2022.
- Average Current Deferred Revenue over 5 years is $5.0 million, with a median of $2.9 million recorded in 2023.
- Year-over-year, Current Deferred Revenue soared 604.37% in 2024 and slumped 82.75% in 2025.
- Over 5 years, Current Deferred Revenue stood at $1.8 million in 2022, then surged by 53.52% to $2.7 million in 2023, then soared by 604.37% to $19.4 million in 2024, then tumbled by 82.75% to $3.3 million in 2025, then jumped by 216.24% to $10.6 million in 2026.
- Per Business Quant data, the three most recent Current Deferred Revenue figures were $10.6 million in Q2 2026, $11.6 million in Q1 2026, and $3.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.56 Mn |
| Mar 31, 2026 | 11.58 Mn |
| Dec 31, 2025 | 3.34 Mn |
| Sep 30, 2025 | 4.02 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 | 2.62 Mn |
| Dec 31, 2021 | 2.72 Mn |
| Dec 31, 2020 | 4.71 Mn |