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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

D-Wave Quantum (QBTS) Debt to Equity (2020 - 2026)

D-Wave Quantum's Debt to Equity history spans 7 years, with the latest figure at $0.03 for Q1 2026.

  • On a quarterly basis, Debt to Equity fell 78.64% to $0.03 in Q1 2026 year-over-year; TTM through Mar 2026 was $0.03, a 78.64% decrease, with the full-year FY2025 number at $0.04, down 91.33% from a year prior.
  • Debt to Equity hit $0.03 in Q1 2026 for D-Wave Quantum, down from $0.04 in the prior quarter.
  • Over the last five years, Debt to Equity for QBTS hit a ceiling of $0.49 in Q4 2024 and a floor of -$4.17 in Q3 2023.
  • Historically, Debt to Equity has averaged -$1.12 across 5 years, with a median of -$0.89 in 2023.
  • Biggest five-year swings in Debt to Equity: tumbled 651.88% in 2023 and later surged 118.54% in 2024.
  • Tracing QBTS's Debt to Equity over 5 years: stood at -$1.12 in 2022, then tumbled by 134.1% to -$2.62 in 2023, then surged by 118.54% to $0.49 in 2024, then tumbled by 91.33% to $0.04 in 2025, then fell by 25.03% to $0.03 in 2026.
  • Business Quant data shows Debt to Equity for QBTS at $0.03 in Q1 2026, $0.04 in Q4 2025, and $0.05 in Q3 2025.