D-Wave Quantum Inc.QBTSNYSE
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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+23.7%
5Y CAGR+27.6%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+23.7%/yr
Annual compound
5Y CAGR
+27.6%/yr
Recent deceleration
Percentile
P100
Near historical high
vs 5Y Ago
3.4x
Strong expansion
Streak
1 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$120.67M+45.8%
2024$82.79M-2.8%
2023$85.17M+33.7%
2022$63.71M+46.5%
2021$43.48M+21.7%
2020$35.71M-