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

D-Wave Quantum has reported Operating Leases for 6 years, with the latest figure at $9.7 million in Q1 2026.

• Quarterly Operating Leases rose 56.17% year-over-year to $9.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.7 million (up 56.17% YoY) and the FY2025 annual result came in at $6.0 million, down 5.31% from the prior year.
• Operating Leases grew to $9.7 million in Q1 2026 per QBTS's latest filing, from $6.0 million in the prior quarter.
• Over five years, Operating Leases peaked at $9.7 million in Q1 2026 and troughed at $6.0 million in Q4 2025.
• A 5-year average of $6.9 million and a median of $6.8 million in 2023 frame the typical range for Operating Leases.
• The sharpest annual moves came in 2025 and 2026: Operating Leases retreated 12.42% in 2025, then jumped 56.17% in 2026.
• Over 5 years, Operating Leases stood at $7.3 million in 2022, then declined by 3.74% to $7.0 million in 2023, then slipped by 9.09% to $6.4 million in 2024, then fell by 5.31% to $6.0 million in 2025, then surged by 60.38% to $9.7 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $9.7 million, $6.0 million, and $6.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.