D-Wave Quantum (QBTS) EBITDA Margin (2021 - 2026)
D-Wave Quantum's (QBTS) quarterly EBITDA Margin came in at 647.03% in Q1 2026, down 61421.0% year-on-year from N/an in Q1 2025, and up 57.83% quarter-over-quarter from 1534.19% in Q4 2025.
D-Wave Quantum (QBTS) EBITDA Margin (2021 - 2026) Analysis & Trends
D-Wave Quantum has disclosed EBITDA Margin across 6 years of filings, most recently posting 647.03% for Q1 2026.
- EBITDA Margin for Q1 2026 came in at 647.03%, down 61421.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2950.35% (down 233466.0% YoY), and the FY2025 annual result was 1438.05%, up 19186.0% from the prior year.
- EBITDA Margin came in at 647.03% for Q1 2026 at D-Wave Quantum, up from 1534.19% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 32.82% in Q1 2025 to a low of 5381.0% in Q2 2025.
- The 5-year median for EBITDA Margin is 813.38% (2024), against an average of 1473.94%.
- Peak annual rise in EBITDA Margin reached 218984 bps in 2025, while the deepest fall reached 456763 bps in 2025.
- D-Wave Quantum's EBITDA Margin stood at 741.38% in 2022, then climbed by 25 bps to 552.62% in 2023, then sank by 574 bps to 3724.04% in 2024, then jumped by 59 bps to 1534.19% in 2025, then surged by 58 bps to 647.03% in 2026.
- The last three EBITDA Margin figures came in at 647.03% (Q1 2026), 1534.19% (Q4 2025), and 3741.29% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA 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 | -402.37% |
| 10 | D-Wave Quantum | 8.82 Bn | 8.82 Bn | 1.82 Mn | -647.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -647.03% |
| Dec 31, 2025 | -1,534.19% |
| Sep 30, 2025 | -3,741.29% |
| Jun 30, 2025 | -5,381.00% |
| Mar 31, 2025 | -32.82% |
| Dec 31, 2024 | -3,724.04% |
| Sep 30, 2024 | -1,222.62% |
| Jun 30, 2024 | -813.38% |
| Mar 31, 2024 | -700.41% |
| Dec 31, 2023 | -552.62% |
| Sep 30, 2023 | -628.06% |
| Jun 30, 2023 | -1,538.08% |
| Mar 31, 2023 | -1,542.96% |
| Dec 31, 2022 | -741.38% |
| Sep 30, 2022 | -684.01% |
| Jun 30, 2022 | -894.60% |
| Mar 31, 2022 | -678.52% |
| Dec 31, 2021 | -960.14% |
| Sep 30, 2021 | -319.82% |
| Jun 30, 2021 | -413.90% |