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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

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

D-Wave Quantum's EBITDA Margin history spans 5 years, with the latest figure at 1534.19% for Q4 2025.

  • For Q4 2025, EBITDA Margin rose 218984.0% year-over-year to 1534.19%; the TTM value through Dec 2025 reached 1438.05%, up 19186.0%, while the annual FY2025 figure was 1438.05%, 19186.0% up from the prior year.
  • EBITDA Margin for Q4 2025 was 1534.19% at D-Wave Quantum, up from 3741.29% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 32.82% in Q1 2025 and bottomed at 5381.0% in Q2 2025.
  • The 5-year median for EBITDA Margin is 890.62% (2021), against an average of 1453.24%.
  • The largest YoY upside for EBITDA Margin was 218984bps in 2025 against a maximum downside of -456763bps in 2025.
  • A 5-year view of EBITDA Margin shows it stood at 960.14% in 2021, then soared by 35bps to 623.76% in 2022, then increased by 11bps to 552.62% in 2023, then tumbled by -574bps to 3724.04% in 2024, then surged by 59bps to 1534.19% in 2025.
  • Per Business Quant, the three most recent readings for QBTS's EBITDA Margin are 1534.19% (Q4 2025), 3741.29% (Q3 2025), and 5381.0% (Q2 2025).