D-Wave Quantum (QBTS) EBIT (2021 - 2026)
D-Wave Quantum (QBTS) posted EBIT of -$54.7 million for Q1 2026, down 57.09% sequentially from -$34.8 million in Q4 2025, and down 384.7% YoY from $19.2 million in Q1 2025.
D-Wave Quantum (QBTS) EBIT (2021 - 2026) Analysis & Trends
D-Wave Quantum (QBTS) has 6 years of EBIT data on file, last reported at -$54.7 million in Q1 2026.
- Quarterly EBIT fell 384.7% year-over-year to -$54.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$143.8 million (down 102.55% YoY) and the FY2025 annual result came in at -$100.4 million, down 29.97% from the prior year.
- EBIT eased to -$54.7 million in Q1 2026 per QBTS's latest filing, from -$34.8 million in the prior quarter.
- The five-year high for EBIT was -$11.0 million in Q1 2022, with the low at -$54.7 million in Q1 2026.
- Average EBIT over 5 years is -$21.9 million, with a median of -$20.2 million recorded in 2024.
- Year-over-year, EBIT soared 35.54% in 2025 and sank 384.7% in 2026.
- D-Wave Quantum's EBIT stood at -$21.0 million in 2022, then advanced by 21.34% to -$16.5 million in 2023, then slipped by 22.31% to -$20.2 million in 2024, then tumbled by 72.2% to -$34.8 million in 2025, then sank by 57.09% to -$54.7 million in 2026.
- Business Quant data shows QBTS's EBIT at -$54.7 million in Q1 2026, -$34.8 million in Q4 2025, and -$27.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 4.11 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 3.66 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 1.16 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 1.19 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 998.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 19.94 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 612.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 625.87 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 135.80 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | -54.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -54.73 Mn |
| Dec 31, 2025 | -34.84 Mn |
| Sep 30, 2025 | -27.74 Mn |
| Jun 30, 2025 | -26.50 Mn |
| Mar 31, 2025 | -11.29 Mn |
| Dec 31, 2024 | -20.23 Mn |
| Sep 30, 2024 | -20.64 Mn |
| Jun 30, 2024 | -18.84 Mn |
| Mar 31, 2024 | -17.52 Mn |
| Dec 31, 2023 | -16.54 Mn |
| Sep 30, 2023 | -18.41 Mn |
| Jun 30, 2023 | -20.91 Mn |
| Mar 31, 2023 | -24.69 Mn |
| Dec 31, 2022 | -21.03 Mn |
| Sep 30, 2022 | -15.16 Mn |
| Jun 30, 2022 | -12.40 Mn |
| Mar 31, 2022 | -10.95 Mn |
| Dec 31, 2021 | -10.85 Mn |
| Sep 30, 2021 | -9.79 Mn |
| Jun 30, 2021 | -9.34 Mn |