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Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
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D-Wave Quantum (QBTS) EBITDA (2021 - 2025)

D-Wave Quantum's EBITDA history spans 5 years, with the latest figure at -$42.2 million for Q4 2025.

  • For Q4 2025, EBITDA rose 50.9% year-over-year to -$42.2 million; the TTM value through Dec 2025 reached -$353.6 million, down 145.76%, while the annual FY2025 figure was -$353.6 million, 145.76% down from the prior year.
  • EBITDA for Q4 2025 was -$42.2 million at D-Wave Quantum, up from -$139.9 million in the prior quarter.
  • Across five years, EBITDA topped out at -$4.2 million in Q3 2021 and bottomed at -$166.5 million in Q2 2025.
  • The 5-year median for EBITDA is -$17.3 million (2024), against an average of -$35.2 million.
  • The largest YoY upside for EBITDA was 71.49% in 2025 against a maximum downside of 837.95% in 2025.
  • A 5-year view of EBITDA shows it stood at -$23.3 million in 2021, then surged by 35.86% to -$14.9 million in 2022, then fell by 7.5% to -$16.1 million in 2023, then crashed by 435.45% to -$86.0 million in 2024, then skyrocketed by 50.9% to -$42.2 million in 2025.
  • Per Business Quant, the three most recent readings for QBTS's EBITDA are -$42.2 million (Q4 2025), -$139.9 million (Q3 2025), and -$166.5 million (Q2 2025).