D-Wave Quantum (QBTS) Research & Development (2021 - 2026)

D-Wave Quantum has reported Research & Development for 6 years, with the latest figure at $10.5 million in Q1 2026.

• Quarterly Research & Development rose 51.34% year-over-year to $10.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $39.4 million (up 32.58% YoY) and the FY2025 annual result came in at $28.8 million, down 18.54% from the prior year.
• Research & Development improved to $10.5 million in Q1 2026 per QBTS's latest filing, from $8.3 million in the prior quarter.
• Over five years, Research & Development peaked at $14.1 million in Q3 2025 and troughed at $1.6 million in Q1 2022.
• A 5-year average of $6.9 million and a median of $7.5 million in 2022 frame the typical range for Research & Development.
• The sharpest annual moves came in 2023 and 2024: Research & Development surged 582.19% in 2023, then plunged 71.75% in 2024.
• Over 5 years, Research & Development stood at $4.1 million in 2022, then soared by 94.71% to $8.0 million in 2023, then rose by 22.57% to $9.8 million in 2024, then decreased by 15.39% to $8.3 million in 2025, then gained by 26.98% to $10.5 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $10.5 million, $8.3 million, and $14.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.