D-Wave Quantum (QBTS) EBIT Margin (2021 - 2026)

D-Wave Quantum's (QBTS) quarterly EBIT Margin came in at 1914.87% in Q1 2026, down 183960.0% year-on-year from N/an in Q1 2025, and down 51.26% quarter-over-quarter from 1265.95% in Q4 2025.

D-Wave Quantum (QBTS) EBIT Margin (2021 - 2026) Analysis & Trends

D-Wave Quantum has disclosed EBIT Margin across 6 years of filings, most recently posting 1914.87% for Q1 2026.

  • EBIT Margin for Q1 2026 came in at 1914.87%, down 183960.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1155.61% (down 82327.0% YoY), and the FY2025 annual result was 408.22%, up 46663.0% from the prior year.
  • EBIT Margin came in at 1914.87% for Q1 2026 at D-Wave Quantum, down from 1265.95% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 75.27% in Q1 2025 to a low of 1914.87% in Q1 2026.
  • The 5-year median for EBIT Margin is 876.22% (2024), against an average of 929.2%.
  • Across the five-year window, EBIT Margin surged 84911 bps in 2024 and plunged 183960 bps in 2026, its largest moves.
  • D-Wave Quantum's EBIT Margin stood at 878.12% in 2022, then surged by 35 bps to 569.24% in 2023, then slumped by 54 bps to 876.22% in 2024, then slumped by 44 bps to 1265.95% in 2025, then tumbled by 51 bps to 1914.87% in 2026.
  • The last three EBIT Margin figures came in at 1914.87% (Q1 2026), 1265.95% (Q4 2025), and 741.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 9.26%
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 69.09%
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 42.74%
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 32.07%
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 35.66%
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 6.11%
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 8.23%
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 4.25%
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -419.85%
10 D-Wave Quantum 8.82 Bn 8.82 Bn 1.82 Mn -1,914.87%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1,914.87%
Dec 31, 2025 -1,265.95%
Sep 30, 2025 -741.80%
Jun 30, 2025 -856.28%
Mar 31, 2025 -75.27%
Dec 31, 2024 -876.22%
Sep 30, 2024 -1,103.53%
Jun 30, 2024 -862.99%
Mar 31, 2024 -710.59%
Dec 31, 2023 -569.24%
Sep 30, 2023 -718.46%
Jun 30, 2023 -1,224.78%
Mar 31, 2023 -1,559.70%
Dec 31, 2022 -878.12%
Sep 30, 2022 -894.63%
Jun 30, 2022 -904.67%
Mar 31, 2022 -639.29%
Dec 31, 2021 -447.40%
Sep 30, 2021 -749.27%
Jun 30, 2021 -821.11%