D-Wave Quantum QBTS Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Professional services | $983K+26.5% | $682K+7.7% | $476K+75.6% | $785K+130% | $777K+21.6% | |
| QCaaS | $1.76M+14.7% | $1.36M-18.8% | $1.38M-13.4% | $1.24M-30.2% | $1.53M-9.4% | |
| System sales | $86K-99.3% | $667K— | $1.84M— | $1.03M— | $12.65M— | |
| Revenue by Geography | ||||||
| Canada | $141K-53.6% | $114K-65.0% | $192K-16.5% | $268K-23.4% | $304K+55.9% | |
| Germany | $175K-98.6% | $803K+97.8% | $1.97M+308% | $1.19M+141% | $12.8M+1,671% | |
| Japan | $382K-20.7% | $412K-21.2% | $266K+52.0% | $156K+25.8% | $482K+48.3% | |
| Other | $470K-48.6% | $123K-32.0% | $594K+19.3% | $382K+0.3% | $915K+28.9% | |
| United States | $1.69M+240% | $732K+139% | $715K+47.7% | $710K+11.3% | $497K-2.9% | |
| Total long-lived assets by Geography | ||||||
| Canada | $15.61M+46.1% | $13.8M+25.4% | $11.81M— | $10.88M— | $10.68M— | |
| Other | $27K-62.0% | $42K+425% | $58K— | $66K— | $71K— | |
| United States | $9.76M+2,857% | $515K+35.2% | $454K— | $470K— | $330K— |
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.
