D-Wave Quantum (QBTS) EBIT (2021 - 2025)

D-Wave Quantum (QBTS) has disclosed EBIT for 5 consecutive years, with -$34.8 million as the latest value for Q4 2025.

  • Quarterly EBIT fell 72.2% to -$34.8 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was -$100.4 million through Dec 2025, down 29.97% year-over-year, with the annual reading at -$100.4 million for FY2025, 29.97% down from the prior year.
  • EBIT hit -$34.8 million in Q4 2025 for D-Wave Quantum, down from -$27.7 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of -$9.3 million in Q2 2021 to a low of -$34.8 million in Q4 2025.
  • Historically, EBIT has averaged -$18.3 million across 5 years, with a median of -$18.4 million in 2023.
  • Biggest five-year swings in EBIT: crashed 125.46% in 2023 and later skyrocketed 35.54% in 2025.
  • Year by year, EBIT stood at -$10.9 million in 2021, then crashed by 93.76% to -$21.0 million in 2022, then grew by 21.34% to -$16.5 million in 2023, then decreased by 22.31% to -$20.2 million in 2024, then plummeted by 72.2% to -$34.8 million in 2025.
  • Business Quant data shows EBIT for QBTS at -$34.8 million in Q4 2025, -$27.7 million in Q3 2025, and -$26.5 million in Q2 2025.