D-Wave Quantum (QBTS) Operating Expenses (2021 - 2025)
D-Wave Quantum (QBTS) has disclosed Operating Expenses for 5 consecutive years, with $36.6 million as the latest value for Q4 2025.
- Quarterly Operating Expenses rose 68.73% to $36.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $120.7 million through Dec 2025, up 45.77% year-over-year, with the annual reading at $120.7 million for FY2025, 45.77% up from the prior year.
- Operating Expenses hit $36.6 million in Q4 2025 for D-Wave Quantum, up from $30.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $36.6 million in Q4 2025 to a low of $10.0 million in Q2 2021.
- Historically, Operating Expenses has averaged $20.3 million across 5 years, with a median of $20.2 million in 2024.
- Biggest five-year swings in Operating Expenses: skyrocketed 108.42% in 2023 and later decreased 23.64% in 2024.
- Year by year, Operating Expenses stood at $12.4 million in 2021, then soared by 80.29% to $22.4 million in 2022, then dropped by 17.23% to $18.5 million in 2023, then rose by 17.27% to $21.7 million in 2024, then surged by 68.73% to $36.6 million in 2025.
- Business Quant data shows Operating Expenses for QBTS at $36.6 million in Q4 2025, $30.4 million in Q3 2025, and $28.5 million in Q2 2025.