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D-Wave Quantum (QBTS) Research & Development: 2021-2025

Historic Research & Development for D-Wave Quantum (QBTS) over the last 5 years, with Sep 2025 value amounting to $14.1 million.

  • D-Wave Quantum's Research & Development rose 62.38% to $14.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $46.8 million, marking a year-over-year increase of 39.71%. This contributed to the annual value of $35.3 million for FY2024, which is 6.81% down from last year.
  • D-Wave Quantum's Research & Development amounted to $14.1 million in Q3 2025, which was up 10.88% from $12.7 million recorded in Q2 2025.
  • In the past 5 years, D-Wave Quantum's Research & Development ranged from a high of $14.1 million in Q3 2025 and a low of $6.1 million during Q4 2021.
  • For the 3-year period, D-Wave Quantum's Research & Development averaged around $10.0 million, with its median value being $9.5 million (2023).
  • In the last 5 years, D-Wave Quantum's Research & Development surged by 67.98% in 2022 and then dropped by 22.77% in 2023.
  • Quarterly analysis of 5 years shows D-Wave Quantum's Research & Development stood at $6.1 million in 2021, then soared by 67.98% to $10.3 million in 2022, then dropped by 22.77% to $8.0 million in 2023, then increased by 22.57% to $9.8 million in 2024, then skyrocketed by 62.38% to $14.1 million in 2025.
  • Its Research & Development was $14.1 million in Q3 2025, compared to $12.7 million in Q2 2025 and $10.3 million in Q1 2025.