Growth Metrics

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

Historic Research & Development for Wave Quantum (QBTS) over the last 5 years, with Q3 2025 value amounting to $14.1 million.

  • Wave Quantum's Research & Development rose 6237.89% 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 3971.17%. This contributed to the annual value of $35.3 million for FY2024, which is 680.61% down from last year.
  • Latest data reveals that Wave Quantum reported Research & Development of $14.1 million as of Q3 2025, which was up 6237.89% from $12.7 million recorded in Q2 2025.
  • In the past 5 years, Wave Quantum's Research & Development registered a high of $14.1 million during Q3 2025, and its lowest value of $6.1 million during Q4 2021.
  • In the last 5 years, Wave Quantum's Research & Development had a median value of $8.6 million in 2024 and averaged $8.9 million.
  • Per our database at Business Quant, Wave Quantum's Research & Development skyrocketed by 6797.65% in 2022 and then tumbled by 2277.23% in 2023.
  • Over the past 5 years, Wave Quantum's Research & Development (Quarter) stood at $6.1 million in 2021, then skyrocketed 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 44.33% 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.