D-Wave Quantum QBTS
NASDAQ QBTS
$16.42 -0.41 (-2.44%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

D-Wave Quantum's (QBTS) quarterly Revenue came in at $3.1 million in Q2 2026, down 0.61% year-over-year from $3.1 million in Q2 2025, and up 7.63% quarter-over-quarter from $2.9 million in Q1 2026.

Analysis

D-Wave Quantum (QBTS) Revenue (2021 - 2026) Analysis & Trends

D-Wave Quantum has disclosed Revenue across 6 years of filings, most recently posting $3.1 million for Q2 2026.

  • In Q2 2026, Revenue fell 0.61% year-over-year to $3.1 million; the TTM figure through Jun 2026 stood at $12.4 million (down 44.22% YoY), while the FY2025 annual figure was $24.6 million, up 178.54% from the prior year.
  • Revenue came in at $3.1 million for Q2 2026 at D-Wave Quantum, up from $2.9 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.
  • 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 sank 80.95% in 2026.
  • Over 5 years, 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 gained by 11.77% to $3.1 million in 2026.
  • Per Business Quant data, the three most recent Revenue figures were $3.1 million in Q2 2026, $2.9 million in Q1 2026, and $2.8 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 IonQ 9.47 Bn 7.36 Bn 19.94 Mn 80.05 Mn
2 D-Wave Quantum 6.07 Bn 6.07 Bn 1.70 Mn 3.08 Mn
3 Rigetti Computing 5.03 Bn 5.03 Bn 2.19 Mn 5.14 Mn
4 Quantum Computing 1.75 Bn 1.75 Bn -1.17 Mn 5.55 Mn
5 Infleqtion 1.32 Bn 839.31 Mn 2.17 Mn 13.54 Mn
6 BTQ Technologies 359.38 Mn 359.38 Mn - 108,293.48
7 Quantum eMotion 339.79 Mn 339.79 Mn - 1,069.21
8 Arqit Quantum 251.50 Mn 251.50 Mn - -
9 Horizon Quantum Holdings 13.39 -113.25 Mn - -
10 Xanadu Quantum Technologies 7.78 -312.78 Mn 1.38 Mn 1.51 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.08 Mn
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