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D-Wave Quantum Inc. (QBTS)
NASDAQ: QBTS · Real-Time Price · USD
17.20
+0.21 (1.24%)
At close: Aug 31, 2026, 4:00 PM EDT
17.21
+0.01 (0.06%)
After-hours: Aug 31, 2026, 7:59 PM EDT

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
System Sales Revenue
2.85M16.18M-
Quantum Computing as a Service (QCaaS) Revenue
6.36M5.52M6.75M
Professional Services Revenue
3.07M2.72M1.94M
Other Product or Services Revenue
142.00K168.00K144.00K
Revenue (Total)
12.43M24.59M8.83M

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Germany Revenue
3.08M16.77M1.89M
United States Revenue
5.31M2.65M2.15M
Japan Revenue
1.20M1.32M1.13M
Canada Revenue
577.00K878.00K1.10M
Other Countries Revenue
2.26M2.98M2.55M
Revenue (Other)
-2.00K-3.00K-
Revenue (Total)
12.43M24.59M8.83M

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Remaining Performance Obligations (RPO)
40.70M13.40M19.40M
Remaining Performance Obligations (RPO) to be Recognized Over NTM
57.00%14.00%93.00%
Bookings
84.70M18.70M23.90M
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