D-Wave Quantum (QBTS) Debt to Equity (2020 - 2025)

D-Wave Quantum (QBTS) has disclosed Debt to Equity for 6 consecutive years, with $0.04 as the latest value for Q4 2025.

  • Quarterly Debt to Equity fell 91.33% to $0.04 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $0.04 through Dec 2025, down 91.33% year-over-year, with the annual reading at $0.04 for FY2025, 91.33% down from the prior year.
  • Debt to Equity hit $0.04 in Q4 2025 for D-Wave Quantum, down from $0.05 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.49 in Q4 2024 to a low of -$4.17 in Q3 2023.
  • Historically, Debt to Equity has averaged -$1.23 across 5 years, with a median of -$0.99 in 2023.
  • Biggest five-year swings in Debt to Equity: crashed 1870.95% in 2021 and later surged 118.54% in 2024.
  • Year by year, Debt to Equity stood at -$1.67 in 2021, then soared by 32.98% to -$1.12 in 2022, then crashed by 134.1% to -$2.62 in 2023, then soared by 118.54% to $0.49 in 2024, then crashed by 91.33% to $0.04 in 2025.
  • Business Quant data shows Debt to Equity for QBTS at $0.04 in Q4 2025, $0.05 in Q3 2025, and $0.05 in Q2 2025.