D-Wave Quantum (QBTS) Debt Ratio (2020 - 2025)

D-Wave Quantum's Debt Ratio history spans 5 years, with the latest figure at 0.04 for Q4 2025.

  • For Q4 2025, Debt Ratio fell 74.25% year-over-year to 0.04; the TTM value through Dec 2025 reached 0.04, down 74.25%, while the annual FY2025 figure was 0.04, 74.25% down from the prior year.
  • Debt Ratio for Q4 2025 was 0.04 at D-Wave Quantum, up from 0.04 in the prior quarter.
  • Across five years, Debt Ratio topped out at 1.23 in Q4 2022 and bottomed at 0.01 in Q1 2024.
  • The 5-year median for Debt Ratio is 0.33 (2023), against an average of 0.38.
  • The largest annual shift saw Debt Ratio crashed 97.7% in 2024 before it skyrocketed 1142.57% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.39 in 2021, then skyrocketed by 216.59% to 1.23 in 2022, then decreased by 11.69% to 1.08 in 2023, then tumbled by 85.91% to 0.15 in 2024, then tumbled by 74.25% to 0.04 in 2025.
  • Per Business Quant, the three most recent readings for QBTS's Debt Ratio are 0.04 (Q4 2025), 0.04 (Q2 2025), and 0.09 (Q1 2025).