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D-Wave Quantum (QBTS) R&D spending by quarter

D-Wave Quantum's R&D spending was $28.2M in Q2 2026 (second quarter 2026), +9% from Q1 2026. Over the last 7 quarters it ranged from $9.8M (Q4 2024) to $28.2M (Q2 2026).

D-Wave Quantum R&D spending by quarterD-Wave Quantum R&D spending by quarter$9.8MQ4 2024$10.3MQ1 2025$12.7MQ2 2025$14.1MQ3 2025$13.7MQ4 2025$25.8MQ1 2026$28.2MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$28.2M+9%+122%
Q1 2026$25.8M+89%+151%
Q4 2025$13.7M-3%+40%
Q3 2025$14.1M+11%—
Q2 2025$12.7M+23%—
Q1 2025$10.3M+5%—
Q4 2024$9.8M——

Q2 2026 at a glance

D-Wave Quantum, Q2 2026: revenue $3.1M (-0.6% year over year), net loss $48.0M, operating cash flow −$28.5M. The chart follows the revenue to costs, profit and cash.

Questions

What is D-Wave Quantum's R&D spending?

D-Wave Quantum's R&D spending was $28.2M in Q2 2026 (second quarter 2026), +9% from Q1 2026.

How has D-Wave Quantum's R&D spending changed?

Over the last 7 quarters it ranged from $9.8M (Q4 2024) to $28.2M (Q2 2026).

Q2 2026 results → · How D-Wave Quantum makes money →