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

D-Wave Quantum (QBTS) has 6 years of Research & Development data on file, last reported at $25.8 million in Q1 2026.

• Quarterly Research & Development rose 150.71% year-over-year to $25.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $66.2 million (up 78.72% YoY) and the FY2025 annual result came in at $50.7 million, up 43.72% from the prior year.
• Research & Development improved to $25.8 million in Q1 2026 per QBTS's latest filing, from $13.7 million in the prior quarter.
• The five-year high for Research & Development was $25.8 million in Q1 2026, with the low at $6.8 million in Q1 2022.
• Average Research & Development over 5 years is $10.7 million, with a median of $9.5 million recorded in 2023.
• Year-over-year, Research & Development declined 22.77% in 2023 and soared 150.71% in 2026.
• D-Wave Quantum's Research & Development stood at $10.3 million in 2022, then retreated by 22.77% to $8.0 million in 2023, then gained by 22.57% to $9.8 million in 2024, then surged by 40.25% to $13.7 million in 2025, then jumped by 88.59% to $25.8 million in 2026.
• Business Quant data shows QBTS's Research & Development at $25.8 million in Q1 2026, $13.7 million in Q4 2025, and $14.1 million in Q3 2025.