D-Wave Quantum (QBTS) Operating Expenses (2021 - 2026)

D-Wave Quantum has disclosed Operating Expenses across 6 years of filings, most recently posting $55.0 million for Q2 2026.

• In Q2 2026, Operating Expenses rose 93.07% year-over-year to $55.0 million; the TTM figure through Jun 2026 stood at $178.6 million (up 84.02% YoY), while the FY2025 annual figure was $120.7 million, up 45.77% from the prior year.
• Operating Expenses came in at $55.0 million for Q2 2026 at D-Wave Quantum, down from $56.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $56.5 million in Q1 2026 to a low of $12.0 million in Q1 2022.
• Average Operating Expenses over 5 years is $25.8 million, with a median of $21.7 million recorded in 2024.
• Year-over-year, Operating Expenses retreated 23.64% in 2024 and jumped 124.67% in 2026.
• Over 5 years, Operating Expenses stood at $22.4 million in 2022, then declined by 17.23% to $18.5 million in 2023, then gained by 17.27% to $21.7 million in 2024, then soared by 68.73% to $36.6 million in 2025, then jumped by 50.13% to $55.0 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $55.0 million in Q2 2026, $56.5 million in Q1 2026, and $36.6 million in Q4 2025.