D-Wave Quantum QBTS Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Professional services | $2.93M+44.6% | $2.72M+44.3% | $2.67M-5.8% | $2.47M-36.8% | $2.02M-50.9% | |
| QCaaS | $5.74M-12.8% | $5.52M-18.2% | $5.83M-12.1% | $6.05M-1.9% | $6.59M+21.5% | |
| System sales | $3.62M-71.4% | $16.18M— | $15.52M— | $13.67M— | $12.65M— | |
| Revenue by Geography | ||||||
| Canada | $715K-40.9% | $878K-20.3% | $1.09M-9.7% | $1.13M+15.5% | $1.21M+66.9% | |
| Germany | $4.14M-70.8% | $16.77M+697% | $16.37M+679% | $14.88M+681% | $14.19M+736% | |
| Japan | $1.22M-6.7% | $1.32M+14.7% | $1.43M+115% | $1.34M+69.8% | $1.3M+40.8% | |
| Other | $1.57M-20.6% | $2.01M+13.8% | $2.07M-27.2% | $1.98M-32.6% | $1.98M-26.4% | |
| United States | $3.85M+99.8% | $2.65M+36.8% | $2.23M-29.2% | $2M-46.7% | $1.93M-46.4% | |
| Total long-lived assets by Geography | ||||||
| Canada | $52.11M— | $47.18M— | $44.38M— | —— | —— | |
| Other | $193K— | $237K— | $203K— | —— | —— | |
| United States | $11.2M— | $1.77M— | $1.64M— | —— | —— |
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.
