D-Wave Quantum (QBTS) EBT (2021 - 2026)
D-Wave Quantum (QBTS) posted EBT of -$46.8 million for Q1 2026, down 34.36% sequentially from -$34.8 million in Q4 2025, and down 763.48% YoY from $7.1 million in Q1 2025.
D-Wave Quantum (QBTS) EBT (2021 - 2026) Analysis & Trends
D-Wave Quantum (QBTS) has 6 years of EBT data on file, last reported at -$46.8 million in Q1 2026.
- Quarterly EBT fell 763.48% year-over-year to -$46.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$135.9 million (down 108.64% YoY) and the FY2025 annual result came in at -$80.3 million, down 1.11% from the prior year.
- EBT slipped to -$46.8 million in Q1 2026 per QBTS's latest filing, from -$34.8 million in the prior quarter.
- The five-year high for EBT was -$5.4 million in Q1 2025, with the low at -$46.8 million in Q1 2026.
- Average EBT over 5 years is -$20.9 million, with a median of -$18.8 million recorded in 2024.
- Year-over-year, EBT soared 69.05% in 2025 and slumped 763.48% in 2026.
- D-Wave Quantum's EBT stood at -$17.1 million in 2022, then rose by 3.51% to -$16.5 million in 2023, then slipped by 22.31% to -$20.2 million in 2024, then tumbled by 72.2% to -$34.8 million in 2025, then tumbled by 34.36% to -$46.8 million in 2026.
- Business Quant data shows QBTS's EBT at -$46.8 million in Q1 2026, -$34.8 million in Q4 2025, and -$27.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 4.11 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 3.95 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 1.27 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 3.36 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 864.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 33.87 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 493.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 610.97 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 149.85 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | -46.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -46.81 Mn |
| Dec 31, 2025 | -34.84 Mn |
| Sep 30, 2025 | -27.74 Mn |
| Jun 30, 2025 | -26.50 Mn |
| Mar 31, 2025 | -5.42 Mn |
| Dec 31, 2024 | -20.23 Mn |
| Sep 30, 2024 | -20.64 Mn |
| Jun 30, 2024 | -18.84 Mn |
| Mar 31, 2024 | -17.52 Mn |
| Dec 31, 2023 | -16.54 Mn |
| Sep 30, 2023 | -18.41 Mn |
| Jun 30, 2023 | -20.91 Mn |
| Mar 31, 2023 | -24.90 Mn |
| Dec 31, 2022 | -17.14 Mn |
| Sep 30, 2022 | -16.23 Mn |
| Jun 30, 2022 | -12.10 Mn |
| Mar 31, 2022 | -11.01 Mn |
| Dec 31, 2021 | -11.99 Mn |
| Sep 30, 2021 | -10.00 Mn |
| Jun 30, 2021 | -9.54 Mn |