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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Sales

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

Historic EBITDA Margin for Wave Quantum (QBTS) over the last 5 years, with Q3 2025 value amounting to 3741.29%.

  • Wave Quantum's EBITDA Margin fell 25186700.0% to 3741.29% in Q3 2025 from the same period last year, while for Sep 2025 it was 1645.71%, marking a year-over-year decrease of 8610800.0%. This contributed to the annual value of 1629.91% for FY2024, which is 6841400.0% down from last year.
  • Per Wave Quantum's latest filing, its EBITDA Margin stood at 3741.29% for Q3 2025, which was down 25186700.0% from 5381.0% recorded in Q2 2025.
  • In the past 5 years, Wave Quantum's EBITDA Margin ranged from a high of 32.82% in Q1 2025 and a low of 5381.0% during Q2 2025
  • Its 5-year average for EBITDA Margin is 1364.98%, with a median of 777.38% in 2022.
  • Its EBITDA Margin has fluctuated over the past 5 years, first surged by 8425500bps in 2024, then tumbled by -45676300bps in 2025.
  • Quarter analysis of 5 years shows Wave Quantum's EBITDA Margin stood at 960.14% in 2021, then increased by 23bps to 741.38% in 2022, then increased by 25bps to 552.62% in 2023, then plummeted by -574bps to 3724.04% in 2024, then fell by 0bps to 3741.29% in 2025.
  • Its EBITDA Margin was 3741.29% in Q3 2025, compared to 5381.0% in Q2 2025 and 32.82% in Q1 2025.