D-Wave Quantum Inc. (QBTS)
NYSE: QBTS · Real-Time Price · USD
18.33
+0.28 (1.55%)
Feb 24, 2026, 12:57 PM EST - Market open
Revenue
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|
| Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
|---|
Quantum Computing as a Service (QCaaS) Revenue | 5.83M | 6.75M | 4.90M | | | |
Quantum Computing as a Service (QCaaS) Revenue Growth | -13.54% | 37.79% | -12.84% | | | |
Professional Services Revenue | 2.67M | 1.94M | 3.82M | | | |
Professional Services Revenue Growth | 37.82% | -49.21% | 158.19% | | | |
Other Product or Services Revenue | 126.00K | 144.00K | 47.00K | | | |
Other Product or Services Revenue Growth | -12.50% | 206.38% | -40.51% | | | |
| 15.52M | - | - | | | |
| 24.14M | 8.83M | 8.76M | | | |
| 173.52% | 0.79% | 22.10% | | | |
Revenue by Geography
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|
| Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
|---|
| 16.37M | 1.89M | 1.27M | | | |
| 764.20% | 49.37% | 10.26% | | | |
| 2.23M | 2.15M | 3.33M | | | |
United States Revenue Growth | 3.58% | -35.31% | -0.51% | | | |
| 1.43M | 1.13M | 909.00K | | | |
| 25.95% | 24.64% | -26.75% | | | |
| 1.09M | 1.10M | 432.00K | | | |
| -1.00% | 154.86% | - | | | |
| 3.03M | 2.55M | 2.82M | | | |
Other Countries Revenue Growth | 19.00% | -9.77% | 96.11% | | | |
| -1.00K | - | - | | | |
| 24.14M | 8.83M | 8.76M | | | |
| 173.52% | 0.79% | 22.10% | | | |
Key Performance Indicators
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|
| Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
|---|
Remaining Performance Obligations (RPO) | 2.90M | 19.40M | 5.00M | | | |
Remaining Performance Obligations (RPO) Growth | -85.05% | 288.00% | 177.78% | | | |
Remaining Performance Obligations (RPO) to be Recognized Over NTM | 69.00% | 93.00% | 73.00% | | | |
| 23.60M | 23.90M | 10.50M | | | |
| -1.26% | 127.62% | 72.13% | | | |
Number of Commercial Customers | - | 76.00 | 78.00 | | | |
Number of Commercial Customers Growth | - | -2.56% | 5.41% | | | |
Number of Research Institution and Government Customers | - | 59.00 | 55.00 | | | |
Number of Research Institution and Government Customers Growth | - | 7.27% | 19.56% | | | |
Total Number of Customers | - | 135.00 | 133.00 | | | |
Total Number of Customers Growth | - | 1.50% | 10.83% | | | |
Updated Nov 6, 2025. Data Source:
Fiscal.ai.
