D-Wave Quantum QBTS Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Professional services | $983K+44.1% | $682K+43.3% | $476K-39.4% | $785K+1.0% | $777K+22.7% | |
| QCaaS | $1.76M+29.4% | $1.36M-1.8% | $1.38M+11.5% | $1.24M-19.0% | $1.53M-8.4% | |
| System sales | $86K-87.1% | $667K-63.8% | $1.84M+79.8% | $1.03M-91.9% | $12.65M— | |
| Revenue by Geography | ||||||
| Canada | $141K+23.7% | $114K-40.6% | $192K-28.4% | $268K-11.8% | $304K-6.7% | |
| Germany | $175K-78.2% | $803K-59.3% | $1.97M+66.3% | $1.19M-90.7% | $12.8M+3,054% | |
| Japan | $382K-7.3% | $412K+54.9% | $266K+70.5% | $156K-67.6% | $482K-7.8% | |
| Other | $470K+282% | $123K-79.3% | $594K+55.5% | $382K-58.3% | $915K+406% | |
| United States | $1.69M+131% | $732K+2.4% | $715K+0.7% | $710K+42.9% | $497K+62.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does D-Wave Quantum break its business down?
- D-Wave Quantum (QBTS) reports revenue by product across 3 parts — Professional services, QCaaS and System sales. Each is extracted from the segment footnotes and tracked over time.
- Where does D-Wave Quantum's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in D-Wave Quantum's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
