Yes, that's a lot considering that large systems today have in the order of 100-1000 qubits. Mind you, the systems currently saying that are larger than 100 qubits are debated if they really are quantum computers in the broadest sense, or a subset (consensus is they are a subset of quantum computers, and not full fledged). So the largest, "really quantum computers" are in the order of ~100 qubits.
Edit: for context, I'm referring to D-Wave, that some years ago said they had broken the 1000-qubit mark, but their systems aren't generic quantum computers, but rather computers tham implement quantum annealing.