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D-Wave Quantum QBTS Business Segments

FY'25FY'24FY'23FY'22
Revenue by Product
Professional services$2.72M+44.3%$1.89M-50.1%$3.78M+155%$1.48M-17.2%
QCaaS$5.52M-18.2%$6.74M+37.8%$4.89M-12.9%$5.62M+27.0%
System sales$16.18M$0
Revenue by Geography
Canada$878K-20.3%$1.1M
Germany$16.77M+697%$2.1M+66.7%$1.26M+9.7%$1.15M+55.2%
Japan$1.32M+14.7%$1.15M+26.2%$909K-26.8%$1.24M-23.0%
Other$2.01M+13.8%$1.77M-34.7%$2.71M+78.7%$1.52M+204%
United States$2.65M+36.8%$1.94M-41.7%$3.33M+1.9%$3.26M-4.7%

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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.