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D-Wave Quantum Inc. (QBTS)
NASDAQ: QBTS · Real-Time Price · USD
16.18
-1.46 (-8.25%)
At close: Jul 29, 2026, 4:00 PM EDT
16.70
+0.52 (3.21%)
Pre-market: Jul 30, 2026, 7:16 AM EDT

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
System Sales Revenue
3.62M16.18M-
Quantum Computing as a Service (QCaaS) Revenue
5.74M5.52M6.75M
Professional Services Revenue
2.93M2.72M1.94M
Other Product or Services Revenue
154.00K168.00K144.00K
Revenue (Total)
12.44M24.59M8.83M

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Germany Revenue
4.14M16.77M1.89M
United States Revenue
3.85M2.65M2.15M
Japan Revenue
1.22M1.32M1.13M
Canada Revenue
715.00K878.00K1.10M
Other Countries Revenue
2.53M2.98M2.55M
Revenue (Other)
-2.00K-3.00K-
Revenue (Total)
12.44M24.59M8.83M

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Remaining Performance Obligations (RPO)
42.40M13.40M19.40M
Remaining Performance Obligations (RPO) to be Recognized Over NTM
54.00%14.00%93.00%
Bookings
50.50M18.70M23.90M
Number of Commercial Customers
-70.0076.00
Number of Research Institution and Government Customers
-65.0059.00
Total Number of Customers
100.00135.00135.00