D-Wave Quantum (QBTS) EBITDA Margin (2021 - 2026)
D-Wave Quantum (QBTS) posted EBITDA Margin of 647.03% for Q1 2026, up 57.83% sequentially from 1534.19% in Q4 2025, and down 61421.0% YoY from N/an in Q1 2025.
D-Wave Quantum (QBTS) EBITDA Margin (2021 - 2026) Analysis & Trends
D-Wave Quantum (QBTS) has 6 years of EBITDA Margin data on file, last reported at 647.03% in Q1 2026.
- Quarterly EBITDA Margin fell 61421.0% year-over-year to 647.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2950.35% (down 233466.0% YoY) and the FY2025 annual result came in at 1438.05%, up 19186.0% from the prior year.
- EBITDA Margin grew to 647.03% in Q1 2026 per QBTS's latest filing, from 1534.19% in the prior quarter.
- The five-year high for EBITDA Margin was 32.82% in Q1 2025, with the low at 5381.0% in Q2 2025.
- Average EBITDA Margin over 5 years is 1473.94%, with a median of 813.38% recorded in 2024.
- The widest YoY moves for EBITDA Margin: up 218984 bps in 2025, down 456763 bps in 2025.
- D-Wave Quantum's EBITDA Margin stood at 741.38% in 2022, then rose by 25 bps to 552.62% in 2023, then slumped 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.
- Business Quant data shows QBTS's EBITDA Margin at 647.03% in Q1 2026, 1534.19% in Q4 2025, and 3741.29% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 69.09% |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 8.34% |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 42.74% |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 35.66% |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 32.07% |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 1.89% |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 4.25% |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 6.11% |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 12.51% |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 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% |