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

D-Wave Quantum (QBTS) has 6 years of EBITDA data on file, last reported at -$18.5 million in Q1 2026.

• Quarterly EBITDA fell 275.62% year-over-year to -$18.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$367.1 million (down 179.13% YoY) and the FY2025 annual result came in at -$353.6 million, down 145.76% from the prior year.
• EBITDA advanced to -$18.5 million in Q1 2026 per QBTS's latest filing, from -$42.2 million in the prior quarter.
• The five-year high for EBITDA was -$4.9 million in Q1 2025, with the low at -$166.5 million in Q2 2025.
• Average EBITDA over 5 years is -$38.4 million, with a median of -$17.8 million recorded in 2022.
• The widest YoY moves for EBITDA: up 71.49% in 2025, down 837.95% in 2025.
• D-Wave Quantum's EBITDA stood at -$17.8 million in 2022, then gained by 9.56% to -$16.1 million in 2023, then sank by 435.45% to -$86.0 million in 2024, then soared by 50.9% to -$42.2 million in 2025, then surged by 56.2% to -$18.5 million in 2026.
• Business Quant data shows QBTS's EBITDA at -$18.5 million in Q1 2026, -$42.2 million in Q4 2025, and -$139.9 million in Q3 2025.