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

D-Wave Quantum (QBTS) has disclosed EBITDA for 5 consecutive years, with -$42.2 million as the latest value for Q4 2025.

  • Quarterly EBITDA rose 50.9% to -$42.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was -$353.6 million through Dec 2025, down 145.76% year-over-year, with the annual reading at -$353.6 million for FY2025, 145.76% down from the prior year.
  • EBITDA hit -$42.2 million in Q4 2025 for D-Wave Quantum, up from -$139.9 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$4.2 million in Q3 2021 to a low of -$166.5 million in Q2 2025.
  • Historically, EBITDA has averaged -$35.0 million across 5 years, with a median of -$17.8 million in 2022.
  • Biggest YoY gain for EBITDA was 71.49% in 2025; the steepest drop was 837.95% in 2025.
  • Year by year, EBITDA stood at -$23.3 million in 2021, then rose by 23.77% to -$17.8 million in 2022, then rose by 9.56% to -$16.1 million in 2023, then plummeted by 435.45% to -$86.0 million in 2024, then surged by 50.9% to -$42.2 million in 2025.
  • Business Quant data shows EBITDA for QBTS at -$42.2 million in Q4 2025, -$139.9 million in Q3 2025, and -$166.5 million in Q2 2025.