D-Wave Quantum (QBTS) Revenue (2021 - 2026)
D-Wave Quantum (QBTS) posted Revenue of $2.9 million for Q1 2026, up 3.85% sequentially from $2.8 million in Q4 2025, and down 80.95% YoY from $15.0 million in Q1 2025.
D-Wave Quantum (QBTS) Revenue (2021 - 2026) Analysis & Trends
D-Wave Quantum (QBTS) has 6 years of Revenue data on file, last reported at $2.9 million in Q1 2026.
- Quarterly Revenue fell 80.95% year-over-year to $2.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.4 million (down 41.75% YoY) and the FY2025 annual result came in at $24.6 million, up 178.54% from the prior year.
- Revenue advanced to $2.9 million in Q1 2026 per QBTS's latest filing, from $2.8 million in the prior quarter.
- The five-year high for Revenue was $15.0 million in Q1 2025, with the low at $1.4 million in Q2 2022.
- Average Revenue over 5 years is $3.1 million, with a median of $2.4 million recorded in 2022.
- Year-over-year, Revenue soared 508.56% in 2025 and plunged 80.95% in 2026.
- D-Wave Quantum's Revenue stood at $2.4 million in 2022, then increased by 21.34% to $2.9 million in 2023, then slipped by 20.54% to $2.3 million in 2024, then rose by 19.19% to $2.8 million in 2025, then increased by 3.85% to $2.9 million in 2026.
- Business Quant data shows QBTS's Revenue at $2.9 million in Q1 2026, $2.8 million in Q4 2025, and $3.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 5.95 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 43.84 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 2.71 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 3.34 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 3.11 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 1.05 Bn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 14.41 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 10.24 Bn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 1.09 Bn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | 2.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.86 Mn |
| Dec 31, 2025 | 2.75 Mn |
| Sep 30, 2025 | 3.74 Mn |
| Jun 30, 2025 | 3.10 Mn |
| Mar 31, 2025 | 15.00 Mn |
| Dec 31, 2024 | 2.31 Mn |
| Sep 30, 2024 | 1.87 Mn |
| Jun 30, 2024 | 2.18 Mn |
| Mar 31, 2024 | 2.47 Mn |
| Dec 31, 2023 | 2.91 Mn |
| Sep 30, 2023 | 2.56 Mn |
| Jun 30, 2023 | 1.71 Mn |
| Mar 31, 2023 | 1.58 Mn |
| Dec 31, 2022 | 2.40 Mn |
| Sep 30, 2022 | 1.70 Mn |
| Jun 30, 2022 | 1.37 Mn |
| Mar 31, 2022 | 1.71 Mn |
| Dec 31, 2021 | 2.43 Mn |
| Sep 30, 2021 | 1.31 Mn |
| Jun 30, 2021 | 1.14 Mn |