D-Wave Quantum (QBTS) EBITDA (2021 - 2026)

D-Wave Quantum has disclosed EBITDA across 6 years of filings, most recently posting -$53.3 million for Q2 2026.

• In Q2 2026, EBITDA fell 101.03% year-over-year to -$53.3 million; the TTM figure through Jun 2026 stood at -$170.6 million (down 116.85% YoY), while the FY2025 annual figure was -$100.4 million, down 29.97% from the prior year.
• EBITDA came in at -$53.3 million for Q2 2026 at D-Wave Quantum, up from -$54.7 million in the prior quarter.
• In the past five years, EBITDA ranged from a high of -$11.0 million in Q1 2022 to a low of -$54.7 million in Q1 2026.
• Average EBITDA over 5 years is -$23.6 million, with a median of -$20.4 million recorded in 2024.
• Year-over-year, EBITDA soared 35.54% in 2025 and slumped 384.7% in 2026.
• Over 5 years, EBITDA stood at -$21.0 million in 2022, then increased by 21.34% to -$16.5 million in 2023, then fell by 22.31% to -$20.2 million in 2024, then plunged by 72.2% to -$34.8 million in 2025, then sank by 52.93% to -$53.3 million in 2026.
• Per Business Quant data, the three most recent EBITDA figures were -$53.3 million in Q2 2026, -$54.7 million in Q1 2026, and -$34.8 million in Q4 2025.