Growth Metrics

D-Wave Quantum (QBTS) Operating Expenses (2021 - 2025)

Historic Operating Expenses for Wave Quantum (QBTS) over the last 5 years, with Q3 2025 value amounting to $30.4 million.

  • Wave Quantum's Operating Expenses rose 4025.09% to $30.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $105.8 million, marking a year-over-year increase of 3287.6%. This contributed to the annual value of $82.8 million for FY2024, which is 279.68% down from last year.
  • As of Q3 2025, Wave Quantum's Operating Expenses stood at $30.4 million, which was up 4025.09% from $28.5 million recorded in Q2 2025.
  • In the past 5 years, Wave Quantum's Operating Expenses ranged from a high of $30.4 million in Q3 2025 and a low of $10.0 million during Q2 2021
  • In the last 5 years, Wave Quantum's Operating Expenses had a median value of $20.1 million in 2023 and averaged $19.4 million.
  • As far as peak fluctuations go, Wave Quantum's Operating Expenses soared by 10842.46% in 2023, and later plummeted by 2363.9% in 2024.
  • Quarter analysis of 5 years shows Wave Quantum's 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 skyrocketed by 40.08% to $30.4 million in 2025.
  • Its last three reported values are $30.4 million in Q3 2025, $28.5 million for Q2 2025, and $25.2 million during Q1 2025.