D-Wave Quantum (QBTS) EBITDA Margin (2021 - 2025)

D-Wave Quantum (QBTS) has disclosed EBITDA Margin for 5 consecutive years, with 1534.19% as the latest value for Q4 2025.

  • Quarterly EBITDA Margin rose 218984.0% to 1534.19% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 1438.05% through Dec 2025, up 19186.0% year-over-year, with the annual reading at 1438.05% for FY2025, 19186.0% up from the prior year.
  • EBITDA Margin hit 1534.19% in Q4 2025 for D-Wave Quantum, up from 3741.29% 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.
  • Historically, EBITDA Margin has averaged 1373.89% across 5 years, with a median of 813.38% in 2024.
  • Biggest YoY gain for EBITDA Margin was 218984bps in 2025; the steepest drop was -456763bps in 2025.
  • Year by year, EBITDA Margin stood at 960.14% in 2021, then rose by 23bps to 741.38% in 2022, then increased by 25bps to 552.62% in 2023, then crashed by -574bps to 3724.04% in 2024, then soared by 59bps to 1534.19% in 2025.
  • Business Quant data shows EBITDA Margin for QBTS at 1534.19% in Q4 2025, 3741.29% in Q3 2025, and 5381.0% in Q2 2025.