stockrowD-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
Follow QBTS
Alert me
D-Wave Quantum Inc. (QBTS) Revenue growth
D-Wave Quantum Inc.'s revenue growth over the twelve months to 30 June 2026 was −44.2%, down 222.8 percentage points from fiscal 2025 (178.5%). Over the past ten years it has ranged from 0.79% (fiscal 2024) to 178.5% (fiscal 2025) — the current reading is the highest in ten years. That is below the Computer Hardware industry median of 27.2% and below the Technology sector median of 11.8%.
Revenue growth, annual
Embed this chart
Annual newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| FY2025 | 178.5% | 177.75 |
| FY2024 | 0.79% | (21.31) |
| FY2023 | 22.1% | 7.86 |
| FY2022 | 14.2% | (7.45) |
| FY2021 | 21.7% | — |
Quarterly newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| Jun 2026 | −0.61% | 80.34 |
| Mar 2026 | −81.0% | (100.14) |
| Dec 2025 | 19.2% | (80.76) |
| Sep 2025 | 100.0% | 58.17 |
| 13 more quarters | Free account |
Against its own ten years
Revenue growth against peers
| Company | Revenue growth |
|---|---|
| IONQ IonQ, Inc. compare | 376.5% |
| RGTI Rigetti Computing, Inc. compare | 68.5% |
| LOGI Logitech International S.A. compare | 5.74% |
| CRSR Corsair Gaming, Inc. compare | 1.62% |
| CRCT Cricut, Inc. compare | −0.91% |
| QBTS D-Wave Quantum Inc. | −44.2% |
| ADIG ADI Global Distribution Inc compare | — |
| QUBT Quantum Computing Inc. compare | — |
| IQMX IQM Quantum Computers Oyj compare | — |
| Computer Hardware industry median | 27.2% |
| Technology sector median | 11.8% |
| Market median | 7.58% |
What Revenue growth is
Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.
(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|
More on QBTS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement