D-Wave Quantum Inc. (QBTS)

D-Wave Quantum Revenue

D-Wave Quantum had revenue of $4.51M in the quarter ending September 30, 2026, with 20.70% growth. This brings the company's total for the last twelve months to $13.20M, down -45.33% 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 36,400th largest company in the world by revenue and 4,775th in the United States.

• Revenue (ttm): $13.20M
• Revenue Growth: -45.33%
• P/S Ratio: 290.50
• Revenue / Employee: $34,018
• Employees: 388
• Market Cap: 3.90B

Revenue Chart

Chart

Chart

Revenue by Segment

By Segment

Chart

• 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

Chart

• 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: Nov 10, 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:

Nov 10, 2026

Data Sources Report a data error