D-Wave Quantum (QBTS) Research & Development (2021 - 2025)
D-Wave Quantum (QBTS) has disclosed Research & Development for 5 consecutive years, with $13.7 million as the latest value for Q4 2025.
- Quarterly Research & Development rose 40.25% to $13.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $50.7 million through Dec 2025, up 43.72% year-over-year, with the annual reading at $50.7 million for FY2025, 43.72% up from the prior year.
- Research & Development hit $13.7 million in Q4 2025 for D-Wave Quantum, down from $14.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $14.1 million in Q3 2025 to a low of $6.1 million in Q4 2021.
- Historically, Research & Development has averaged $9.2 million across 5 years, with a median of $8.7 million in 2024.
- Biggest five-year swings in Research & Development: surged 67.98% in 2022 and later fell 22.77% in 2023.
- Year by year, Research & Development stood at $6.1 million in 2021, then soared by 67.98% to $10.3 million in 2022, then fell by 22.77% to $8.0 million in 2023, then rose by 22.57% to $9.8 million in 2024, then skyrocketed by 40.25% to $13.7 million in 2025.
- Business Quant data shows Research & Development for QBTS at $13.7 million in Q4 2025, $14.1 million in Q3 2025, and $12.7 million in Q2 2025.