D-Wave Quantum Inc.
QBTS Technology Computer Hardware
D-Wave Quantum Inc.’s revenue for fiscal 2025 (year ended December 2025) was $24.6 million, up 178.5% from fiscal 2024.
- Revenue
- −0.61%
- EPS
- +76.4%
- Free cash flow
- −105.8%
- Total debt
- +9.27%
Quarter to June 2026, against a year earlier
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D-Wave Quantum Inc. (QBTS) Revenue
D-Wave Quantum Inc.'s revenue for fiscal 2025 was $24.6M, up 178.5% from $8.8M in fiscal 2024. Over the twelve months to 30 June 2026 it was $12.4M. Over the past ten years it has ranged from $5.2M (fiscal 2020) to $24.6M (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 5 consecutive fiscal years. D-Wave Quantum Inc. ranks 30th of 37 Computer Hardware companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $24.6M | 178.54% |
| FY2024 | $8.8M | 0.79% |
| FY2023 | $8.8M | 22.10% |
| FY2022 | $7.2M | 14.24% |
| FY2021 | $6.3M | 21.69% |
| FY2020 | $5.2M | — |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Jun 2026 | $3.1M | 7.63% |
| Mar 2026 | $2.9M | 3.85% |
| Dec 2025 | $2.8M | (26.40%) |
| Sep 2025 | $3.7M | 20.81% |
| 17 more quarters | Free account |
Against its own ten years
Revenue against peers
| Company | Revenue |
|---|---|
| LOGI Logitech International S.A. compare | $5.0B |
| CRSR Corsair Gaming, Inc. compare | $1.5B |
| CRCT Cricut, Inc. compare | $708.0M |
| IONQ IonQ, Inc. compare | $380.4M |
| RGTI Rigetti Computing, Inc. compare | $13.4M |
| QBTS D-Wave Quantum Inc. | $12.4M |
| QUBT Quantum Computing Inc. compare | $284.4K |
| ADIG ADI Global Distribution Inc compare | — |
| IQMX IQM Quantum Computers Oyj compare | — |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
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