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

D-Wave Quantum's EBITDA Margin history spans 6 years, with the latest figure at 647.03% for Q1 2026.

  • On a quarterly basis, EBITDA Margin fell 61421.0% to 647.03% in Q1 2026 year-over-year; TTM through Mar 2026 was 2950.35%, a 233466.0% decrease, with the full-year FY2025 number at 1438.05%, up 19186.0% from a year prior.
  • EBITDA Margin hit 647.03% in Q1 2026 for D-Wave Quantum, up from 1534.19% in the prior quarter.
  • Over the last five years, EBITDA Margin for QBTS hit a ceiling of 32.82% in Q1 2025 and a floor of 5381.0% in Q2 2025.
  • Historically, EBITDA Margin has averaged 1473.94% across 5 years, with a median of 813.38% in 2024.
  • The widest YoY moves for EBITDA Margin: up 218984bps in 2025, down -456763bps in 2025.
  • Tracing QBTS's EBITDA Margin over 5 years: stood at 741.38% in 2022, then grew by 25bps to 552.62% in 2023, then tumbled by -574bps to 3724.04% in 2024, then surged by 59bps to 1534.19% in 2025, then soared by 58bps to 647.03% in 2026.
  • Business Quant data shows EBITDA Margin for QBTS at 647.03% in Q1 2026, 1534.19% in Q4 2025, and 3741.29% in Q3 2025.