D-Wave Quantum (QBTS) Revenue (2021 - 2026)

D-Wave Quantum has disclosed Revenue across 6 years of filings, most recently posting $2.9 million for Q1 2026.

• Revenue for Q1 2026 came in at $2.9 million, down 80.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.4 million (down 41.75% YoY), and the FY2025 annual result was $24.6 million, up 178.54% from the prior year.
• Revenue came in at $2.9 million for Q1 2026 at D-Wave Quantum, up from $2.8 million in the prior quarter.
• In the past five years, Revenue ranged from a high of $15.0 million in Q1 2025 to a low of $1.4 million in Q2 2022.
• The 5-year median for Revenue is $2.4 million (2022), against an average of $3.1 million.
• Across the five-year window, Revenue surged 508.56% in 2025 and slumped 80.95% in 2026, its largest moves.
• D-Wave Quantum's Revenue stood at $2.4 million in 2022, then advanced by 21.34% to $2.9 million in 2023, then fell by 20.54% to $2.3 million in 2024, then climbed by 19.19% to $2.8 million in 2025, then advanced by 3.85% to $2.9 million in 2026.
• The last three Revenue figures came in at $2.9 million (Q1 2026), $2.8 million (Q4 2025), and $3.7 million (Q3 2025), per Business Quant data.