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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalMarket CapitalizationOperating MarginReturn on Capital Employed

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

Historic EBITDA Margin for D-Wave Quantum (QBTS) over the last 5 years, with Sep 2025 value amounting to -3,741.29%.

  • D-Wave Quantum's EBITDA Margin fell 251867.00% to -3,741.29% in Q3 2025 from the same period last year, while for Sep 2025 it was -1,645.71%, marking a year-over-year decrease of 86108.00%. This contributed to the annual value of -1,629.91% for FY2024, which is 68414.00% down from last year.
  • Per D-Wave Quantum's latest filing, its EBITDA Margin stood at -3,741.29% for Q3 2025, which was up 30.47% from -5,381.00% recorded in Q2 2025.
  • In the past 5 years, D-Wave Quantum's EBITDA Margin registered a high of -32.82% during Q1 2025, and its lowest value of -5,381.00% during Q2 2025.
  • In the last 3 years, D-Wave Quantum's EBITDA Margin had a median value of -1,222.62% in 2024 and averaged -1,807.02%.
  • As far as peak fluctuations go, D-Wave Quantum's EBITDA Margin soared by 84,255bps in 2024, and later tumbled by 456,763bps in 2025.
  • D-Wave Quantum's EBITDA Margin (Quarterly) stood at -960.14% in 2021, then skyrocketed by 21,876bps to -741.38% in 2022, then surged by 18,876bps to -552.62% in 2023, then crashed by 317,142bps to -3,724.04% in 2024, then crashed by 251,867bps to -3,741.29% in 2025.
  • Its EBITDA Margin was -3,741.29% in Q3 2025, compared to -5,381.00% in Q2 2025 and -32.82% in Q1 2025.