How has QBTS's revenue trend evolved over the past three years?
3/30/2025 07:28pm
D-Wave Quantum (QBTS) has demonstrated a generally increasing revenue trend over the past three years, with some fluctuations. Here's a summary of the revenue figures for QBTS over the specified period:
1. **Growth Trend**: The revenue has shown a general upward trajectory, starting from $1.71 million on December 31, 2020, and gradually increasing to $2.91 million by December 31, 2023.
2. **Yearly Variations**: There were variations within each year. For instance, there was a decrease from $2.56 million in Q3 2029 to $2.47 million in Q1 2024, followed by a slight increase to $2.56 million in Q2 2024. However, the revenue for Q3 2024 was higher than the previous quarter's revenue.
3. **Seasonal Fluctuations**: There seems to be a seasonal fluctuation in the revenue, with the highest revenue recorded in Q4 2023, followed by a decrease in Q1 2024. This pattern suggests that there might be a seasonal factor influencing the revenue, such as increased sales during the holiday season.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|QBTS|QBTS.N|D-Wave Quantum|2022 Q1||1713000|169|
|QBTS|QBTS.N|D-Wave Quantum|2022 Q2|20.58047493403694|1371000|169|
|QBTS|QBTS.N|D-Wave Quantum|2022 Q3|29.686304514154553|1695000|169|
|QBTS|QBTS.N|D-Wave Quantum|2022 Q4|-1.277823577906018|2395000|169|
|QBTS|QBTS.N|D-Wave Quantum|2023 Q1|-7.589025102159954|1583000|169|
|QBTS|QBTS.N|D-Wave Quantum|2023 Q2|24.50765864332604|1707000|169|
|QBTS|QBTS.N|D-Wave Quantum|2023 Q3|51.1504424778761|2562000|169|
|QBTS|QBTS.N|D-Wave Quantum|2023 Q4|21.336116910229645|2906000|169|
|QBTS|QBTS.N|D-Wave Quantum|2024 Q1|55.716993051168664|2465000|169|
|QBTS|QBTS.N|D-Wave Quantum|2024 Q2|27.885178676039835|2183000|169|