D-Wave Quantum (QBTS) Selling, General & Administrative (2021 - 2026)
D-Wave Quantum (QBTS) reported Selling, General & Administrative of $15.39 million for Q2 2026, up 68.2% from $9.15 million a year earlier but down 24.1% from the prior quarter.
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Analysis
D-Wave Quantum (QBTS) Selling, General & Administrative (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, D-Wave Quantum's Selling, General & Administrative came in at $59.74 million, up 73.2% year-over-year; for FY2025, it was $41.19 million, up 27.0% from FY2024.
- Selling, General & Administrative has a five-year compound annual growth rate of 28.9% (FY2020 to FY2025).
- By year, Selling, General & Administrative came in at $32.42 million in FY2024 (-12.4%), $37.01 million in FY2023 (+71.8%), $21.54 million in FY2022 (+81.0%) and $11.9 million in FY2021 (+2.7%).
- Five-year quarterly Selling, General & Administrative spans a low of $2.8 million in Q3 2021 and a high of $20.28 million in Q1 2026.
- Year over year, Selling, General & Administrative has now increased in each of the last six quarters, with growth averaging 43.5% over the last eight quarters.
- The high point for year-over-year Selling, General & Administrative in five years was Q1 2023 (growth of 209.8%); the low point was Q1 2024 (a decline of 33.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $20.28 million (Q1 2026), $14.7 million (Q4 2025) and $9.38 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 330.54 Bn | 315.61 Bn | 2.30 Bn | 226.00 Mn |
| 2 | CrowdStrike Holdings | 271.79 Bn | 252.23 Bn | 1.10 Bn | 175.95 Mn |
| 3 | Fortinet | 138.86 Bn | 124.79 Bn | 1.64 Bn | 61.10 Mn |
| 4 | Snowflake | 117.29 Bn | 104.60 Bn | 1.04 Bn | 120.59 Mn |
| 5 | Datadog | 97.40 Bn | 79.04 Bn | 881.34 Mn | 86.40 Mn |
| 6 | Okta | 36.44 Bn | 26.53 Bn | 641.00 Mn | 98.00 Mn |
| 7 | Zscaler | 34.82 Bn | 20.94 Bn | - | - |
| 8 | Axon Enterprise | 32.98 Bn | 27.51 Bn | 546.45 Mn | 290.98 Mn |
| 9 | MongoDB | 29.24 Bn | 19.71 Bn | 569.77 Mn | 74.42 Mn |
| 10 | D-Wave Quantum | 5.66 Bn | 5.66 Bn | 1.70 Mn | 15.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.39 Mn |
| Mar 31, 2026 | 20.28 Mn |
| Dec 31, 2025 | 14.70 Mn |
| Sep 30, 2025 | 9.38 Mn |
| Jun 30, 2025 | 9.15 Mn |
| Mar 31, 2025 | 7.96 Mn |
| Dec 31, 2024 | 8.13 Mn |
| Sep 30, 2024 | 9.26 Mn |
| Jun 30, 2024 | 7.47 Mn |
| Mar 31, 2024 | 7.57 Mn |
| Dec 31, 2023 | 8.14 Mn |
| Sep 30, 2023 | 8.00 Mn |
| Jun 30, 2023 | 9.58 Mn |
| Mar 31, 2023 | 11.30 Mn |
| Dec 31, 2022 | 7.97 Mn |
| Sep 30, 2022 | 5.93 Mn |
| Jun 30, 2022 | 3.96 Mn |
| Mar 31, 2022 | 3.65 Mn |
| Dec 31, 2021 | 4.07 Mn |
| Sep 30, 2021 | 2.80 Mn |
API Access
D-Wave Quantum Selling, General & Administrative API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=QBTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "ticker": "QBTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=QBTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();