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D-Wave Quantum (QBTS) Revenue & Revenue Breakdown

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D-Wave Quantum Revenue Highlights

Latest Revenue (Y)

$24.59M

Latest Revenue (Q)

$3.74M

Main Segment (Y)

System Sales

Main Geography (Y)

GERMANY

D-Wave Quantum Revenue by Period

D-Wave Quantum Revenue by Year

DateRevenueChange
2025-12-31$24.59M178.54%
2024-12-31$8.83M0.79%
2023-12-31$8.76M22.10%
2022-12-31$7.17M14.24%
2021-12-31$6.28M21.69%
2020-12-31$5.16M-

D-Wave Quantum generated $24.59M in revenue during NA 2025, up 178.54% compared to the previous quarter, and up 476.49% compared to the same period a year ago.

D-Wave Quantum Revenue by Quarter

DateRevenueChange
2025-09-30$3.74M20.81%
2025-06-30$3.10M-79.37%
2025-03-31$15.00M549.68%
2024-12-31$2.31M23.48%
2024-09-30$1.87M-14.34%
2024-06-30$2.18M-11.44%
2024-03-31$2.46M-15.18%
2023-12-31$2.91M13.43%
2023-09-30$2.56M50.09%
2023-06-30$1.71M7.83%
2023-03-31$1.58M-33.90%
2022-12-31$2.40M41.30%
2022-09-30$1.70M23.63%
2022-06-30$1.37M-19.96%
2022-03-31$1.71M-29.39%
2021-12-31$2.43M85.62%
2021-09-30$1.31M14.95%
2021-06-30$1.14M-19.36%
2021-03-31$1.41M-

D-Wave Quantum generated $3.74M in revenue during Q3 2025, up 20.81% compared to the previous quarter, and up 171.28% compared to the same period a year ago.

D-Wave Quantum Revenue Breakdown

D-Wave Quantum Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22
System Sales$16.18M---
Professional Services$2.72M$1.94M$3.82M$1.48M
Product and Service, Other$168.00K$144.00K$47.00K$79.00K

D-Wave Quantum's latest annual revenue breakdown by segment (product or service), as of Dec 25: System Sales (84.86%), Professional Services (14.26%), and Product and Service, Other (0.88%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Mar 24Dec 23Jun 23Dec 22Sep 22Jun 22
System Sales$667.00K$1.84M$1.02M$12.65M-------
Professional Services$682.00K$476.00K$785.00K$777.00K$1.30M$639.00K$2.75M$655.00K$666.00K$347.00K$156.00K
Product and Service, Other$44.00K$36.00K$44.00K$44.00K$10.00K$134.00K$18.00K$20.00K$18.00K$2.00K$39.00K

D-Wave Quantum's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Professional Services (48.96%), System Sales (47.88%), and Product and Service, Other (3.16%).

D-Wave Quantum Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22
UNITED STATES$2.65M$2.15M$3.33M$3.34M
Other Geographical Areas$2.01M$2.55M$3.26M$1.44M
SWITZERLAND$960.00K---
JAPAN$1.32M$1.13M$909.00K$1.24M
GERMANY$16.77M$1.89M$1.27M$1.15M
CANADA$878.00K$1.10M--

D-Wave Quantum's latest annual revenue breakdown by geography, as of Dec 25: GERMANY (68.19%), UNITED STATES (10.79%), Other Geographical Areas (8.19%), JAPAN (5.35%), SWITZERLAND (3.90%), and CANADA (3.57%).

Quarterly Revenue by Country

CountryDec 25Sep 25Jun 25Mar 25Dec 24Mar 24Dec 23Jun 23Dec 22Sep 22Jun 22
SWITZERLAND$629.00K$331.00K$274.00K--------
Other Geographical Areas$123.00K$594.00K$382.00K$915.00K$1.64M$905.00K$2.52M$231.00K$888.00K$214.00K$177.00K
JAPAN$412.00K$266.00K$156.00K$482.00K$808.00K$325.00K$338.00K$263.00K$233.00K$293.00K$282.00K
GERMANY$803.00K$1.97M$1.19M$12.80M$1.38M$512.00K$696.00K$284.00K$393.00K$237.00K$257.00K
CANADA$114.00K$192.00K$268.00K$304.00K-------
UNITED STATES$732.00K$715.00K$710.00K$497.00K$1.43M$723.00K$2.59M$485.00K$881.00K$951.00K$655.00K
UNITED KINGDOM--$62.00K--------

D-Wave Quantum's latest quarterly revenue breakdown by geography, as of Dec 25: GERMANY (28.55%), UNITED STATES (26.02%), SWITZERLAND (22.36%), JAPAN (14.65%), Other Geographical Areas (4.37%), and CANADA (4.05%).

D-Wave Quantum Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
QXOQXO$6.84B$2.73B
SWKSSkyworks Solutions$4.09B$1.04B
JKHYJack Henry & Associates$2.34B$619.33M
PCORProcore$1.32B$338.85M
GTMZoomInfo$1.25B$318.00M
MTSIMACOM Technology Solutions$967.26M$271.61M
SAILSailPoint$699.57M$202.71M
IONQIonQ$130.02M$20.69M
QBTSD-Wave Quantum$24.59M$3.74M
RGTIRigetti Computing$7.09M$1.95M

QBTS Revenue FAQ

What is D-Wave Quantum’s yearly revenue?

D-Wave Quantum's yearly revenue for 2025 was $24.59M, representing an increase of 178.54% compared to 2024. The company's yearly revenue for 2024 was $8.83M, representing an increase of 0.79% compared to 2023. QBTS's yearly revenue for 2023 was $8.76M, representing an increase of 22.10% compared to 2022.

What is D-Wave Quantum’s quarterly revenue?

D-Wave Quantum's quarterly revenue for Q3 2025 was $3.74M, a 20.81% increase from the previous quarter (Q2 2025), and a 99.95% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $3.1M, a -79.37% decrease from the previous quarter (Q1 2025), and a 41.78% increase year-over-year (Q2 2024). QBTS's quarterly revenue for Q1 2025 was $15M, a 549.68% increase from the previous quarter (Q4 2024), and a 508.56% increase year-over-year (Q1 2024).

What is D-Wave Quantum’s revenue growth rate?

D-Wave Quantum's revenue growth rate for the last 3 years (2023-2025) was 180.74%, and for the last 5 years (2021-2025) was 291.58%.

What are D-Wave Quantum’s revenue streams?

D-Wave Quantum's revenue streams in c 25 are System Sales, Professional Services, and Product and Service, Other. System Sales generated $16.18M in revenue, accounting 84.86% of the company's total revenue Professional Services generated $2.72M in revenue, accounting 14.26% of the company's total revenue, up 40.35% year-over-year. Product and Service, Other generated $168K in revenue, accounting 0.88% of the company's total revenue, up 16.67% year-over-year.

What is D-Wave Quantum’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of D-Wave Quantum was System Sales. This segment made a revenue of $16.18M, representing 84.86% of the company's total revenue.