Growth Metrics

D-Wave Quantum (QBTS) EBIAT: 2021-2025

Historic EBIAT for D-Wave Quantum (QBTS) over the last 5 years, with Sep 2025 value amounting to -$140.0 million.

  • D-Wave Quantum's EBIAT fell 516.35% to -$140.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$398.8 million, marking a year-over-year decrease of 440.31%. This contributed to the annual value of -$143.9 million for FY2024, which is 73.97% down from last year.
  • Per D-Wave Quantum's latest filing, its EBIAT stood at -$140.0 million for Q3 2025, which was up 16.34% from -$167.3 million recorded in Q2 2025.
  • In the past 5 years, D-Wave Quantum's EBIAT ranged from a high of -$4.2 million in Q3 2021 and a low of -$167.3 million during Q2 2025.
  • Moreover, its 3-year median value for EBIAT was -$22.7 million (2024), whereas its average is -$49.0 million.
  • Over the last 5 years, D-Wave Quantum's EBIAT had its largest YoY gain of 68.69% in 2025, and its largest YoY loss of 841.21% in 2025.
  • Over the past 5 years, D-Wave Quantum's EBIAT (Quarterly) stood at -$23.3 million in 2021, then rose by 23.68% to -$17.8 million in 2022, then climbed by 9.93% to -$16.0 million in 2023, then tumbled by 437.64% to -$86.1 million in 2024, then slumped by 516.35% to -$140.0 million in 2025.
  • Its last three reported values are -$140.0 million in Q3 2025, -$167.3 million for Q2 2025, and -$5.4 million during Q1 2025.