D-Wave Quantum annual revenue
2020
2021
2022
2023
2024
2025
D-Wave Quantum Revenue Growth & History (QBTS)
D-Wave Quantum reported $24.6M in revenue for fiscal 2025, an increase of 178.54% from the previous fiscal year.
View full D-Wave Quantum company overviewD-Wave Quantum annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $24.6M | $15.8M | +178.54% |
| 2024 | 2024-12-31 | $8.8M | $69,000 | +0.79% |
| 2023 | 2023-12-31 | $8.8M | $1.6M | +22.10% |
| 2022 | 2022-12-31 | $7.2M | $894,000 | +14.24% |
| 2021 | 2021-12-31 | $6.3M | $1.1M | +21.69% |
| 2020 | 2020-12-31 | $5.2M | — | — |
D-Wave Quantum quarterly revenue
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.1M | −$19,000 | −0.61% |
| Q1 2026 | 2026-03-31 | $2.9M | −$12.1M | −80.95% |
| Q4 2025 | 2025-12-31 | $2.8M | $443,000 | +19.19% |
| Q3 2025 | 2025-09-30 | $3.7M | $1.9M | +99.95% |
| Q2 2025 | 2025-06-30 | $3.1M | $912,000 | +41.78% |
| Q1 2025 | 2025-03-31 | $15.0M | $12.5M | +508.56% |
| Q4 2024 | 2024-12-31 | $2.3M | −$597,000 | −20.54% |
| Q3 2024 | 2024-09-30 | $1.9M | −$692,000 | −27.01% |
| Q2 2024 | 2024-06-30 | $2.2M | $476,000 | +27.89% |
| Q1 2024 | 2024-03-31 | $2.5M | $882,000 | +55.72% |
| Q4 2023 | 2023-12-31 | $2.9M | $512,000 | +21.39% |
| Q3 2023 | 2023-09-30 | $2.6M | $867,000 | +51.15% |
| Q2 2023 | 2023-06-30 | $1.7M | $336,000 | +24.51% |
| Q1 2023 | 2023-03-31 | $1.6M | −$130,000 | −7.59% |
| Q4 2022 | 2022-12-31 | $2.4M | — | — |
| Q3 2022 | 2022-09-30 | $1.7M | $388,000 | +29.69% |
| Q2 2022 | 2022-06-30 | $1.4M | $234,000 | +20.58% |
| Q1 2022 | 2022-03-31 | $1.7M | — | — |
| Q3 2021 | 2021-09-30 | $1.3M | — | — |
| Q2 2021 | 2021-06-30 | $1.1M | — | — |
D-Wave Quantum revenue growth trends
Over the last five reported fiscal years, revenue grew from $5.2M to $24.6M, a compound annual growth rate of 36.65%. D-Wave Quantum's latest reported quarter, Q2 2026, generated $3.1M in revenue, a decrease of 0.61% year over year.
About the data
What revenue means
Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Financial data
Standardized company financials
TickerStat standardizes company financial facts for consistent comparison. Derived growth rates use the displayed values and are not guidance or forecasts.
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