D-Wave Quantum (QBTS) Debt Ratio (2020 - 2026)

D-Wave Quantum has reported Debt Ratio for 7 years, with the latest figure at 0.03 in Q1 2026.

• Quarterly Debt Ratio fell 68.58% year-over-year to 0.03 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.03 (down 68.58% YoY) and the FY2025 annual result came in at 0.04, down 74.25% from the prior year.
• Debt Ratio declined to 0.03 in Q1 2026 per QBTS's latest filing, from 0.04 in the prior quarter.
• Over five years, Debt Ratio peaked at 1.93 in Q2 2023 and troughed at 0.03 in Q1 2026.
• A 5-year average of 0.71 and a median of 0.91 in 2023 frame the typical range for Debt Ratio.
• The sharpest annual moves came in 2023 and 2025: Debt Ratio jumped 103.43% in 2023, then sank 96.34% in 2025.
• Over 5 years, Debt Ratio stood at 1.23 in 2022, then slipped by 11.69% to 1.08 in 2023, then sank by 85.91% to 0.15 in 2024, then slumped by 74.25% to 0.04 in 2025, then declined by 24.51% to 0.03 in 2026.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.03, 0.04, and 0.04 for Q1 2026, Q4 2025, and Q3 2025 respectively.