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D-Wave Quantum Inc. (QBTS)
NYSE: QBTS · Real-Time Price · USD
18.11
-0.69 (-3.67%)
At close: Apr 28, 2026, 4:00 PM EDT
18.08
-0.03 (-0.14%)
After-hours: Apr 28, 2026, 7:59 PM EDT

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
System Sales Revenue
16.18M-
Quantum Computing as a Service (QCaaS) Revenue
5.52M6.75M
Quantum Computing as a Service (QCaaS) Revenue Growth
-18.21%37.79%
Professional Services Revenue
2.72M1.94M
Professional Services Revenue Growth
40.35%-49.21%
Other Product or Services Revenue
168.00K144.00K
Other Product or Services Revenue Growth
16.67%206.38%
Revenue (Total)
24.59M8.83M
Revenue (Total) Growth
178.54%0.79%

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Germany Revenue
16.77M1.89M
Germany Revenue Growth
785.16%49.37%
United States Revenue
2.65M2.15M
United States Revenue Growth
23.38%-35.31%
Japan Revenue
1.32M1.13M
Japan Revenue Growth
16.15%24.64%
Canada Revenue
878.00K1.10M
Canada Revenue Growth
-20.25%154.86%
Other Countries Revenue
2.98M2.55M
Other Countries Revenue Growth
16.84%-9.77%
Revenue (Other)
-3.00K-
Revenue (Total)
24.59M8.83M
Revenue (Total) Growth
178.54%0.79%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Remaining Performance Obligations (RPO)
13.40M19.40M
Remaining Performance Obligations (RPO) Growth
-30.93%288.00%
Remaining Performance Obligations (RPO) to be Recognized Over NTM
14.00%93.00%
Bookings
18.70M23.90M
Bookings Growth
-21.76%127.62%
Number of Commercial Customers
70.0076.00
Number of Commercial Customers Growth
-7.90%-2.56%
Number of Research Institution and Government Customers
65.0059.00
Number of Research Institution and Government Customers Growth
10.17%7.27%
Total Number of Customers
135.00135.00
Total Number of Customers Growth
-1.50%
Updated Feb 26, 2026. Data Source: Fiscal.ai.