D-Wave Quantum Inc. (QBTS)

D-Wave Quantum Revenue

D-Wave Quantum had revenue of $3.08M in the quarter ending June 30, 2026, a decrease of -0.61%. This brings the company's total for the last twelve months to $12.43M, down -44.22% year-over-year. In the year 2025, D-Wave Quantum had annual revenue of $24.59M with 178.54% growth. That makes D-Wave Quantum the 36,322nd largest company in the world by revenue and 4,778th in the United States.

• Revenue (ttm): $12.43M
• Revenue Growth: -44.22%
• P/S Ratio: 360.90
• Revenue / Employee: $32,023
• Employees: 388
• Market Cap: 4.51B

Revenue Chart

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Revenue by Segment

By Segment

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• System Sales 16.18M 65.8%
• Quantum Computing as a Service (QCaaS) 5.52M 22.4%
• Professional Services 2.72M 11.1%
• Other Product or Services 168.00K 0.7%

By Geography

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• Germany 16.77M 68.2%
• Other Countries 2.98M 12.1%
• United States 2.65M 10.8%
• Japan 1.32M 5.4%
• Canada 878.00K 3.6%

Fiscal year ended Dec 31, 2025 See the full D-Wave Quantum breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	24.59M	15.76M	178.54%
Dec 31, 2024	8.83M	69.00K	0.79%
Dec 31, 2023	8.76M	1.59M	22.10%
Dec 31, 2022	7.17M	894.00K	14.24%
Dec 31, 2021	6.28M	1.12M	21.69%
Dec 31, 2020	5.16M	-	-

Data Source: Fiscal.ai Last updated: Aug 6, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 19, 2026

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