D-Wave Quantum Inc. revenue by segment QBTS

Annual Quarterly

D-Wave Quantum Inc. splits its revenue into 4 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was System Sales at $16.2 million, 66% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022
Revenue	12	25	9	9	7
System Sales	3 share 22.9%	16 share 65.8%	—	—	—
Q Caa S	6 +5.2% share 51.2%	6 -18.2% share 22.4%	7 +37.8% share 76.4%	5 -12.8% share 55.9%	6 share 78.3%
Professional Services	3 +24.5% share 24.7%	3 +40.4% share 11.1%	2 -49.2% share 22.0%	4 +158.2% share 43.6%	1 share 20.6%
Product And Service Other	0 +59.6% share 1.1%	0 +16.7% share 0.7%	0 +206.4% share 1.6%	0 -40.5% share 0.5%	0 share 1.1%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Services-Computer Processing & Data Preparation (SIC 7374)
Listed as: QBTS (Nasdaq)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Palo Alto, CA
SEC filer status: Non-accelerated filer
SEC CIK: 1907982

Other Services-Computer Processing & Data Preparation companies

All 110 Services-Computer Processing & Data Preparation companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.