D-Wave Quantum (QBTS) EBT Margin (2021 - 2026)

D-Wave Quantum's (QBTS) quarterly EBT Margin came in at 1637.82% in Q1 2026, down 160169.0% year-on-year from N/an in Q1 2025, and down 29.37% quarter-over-quarter from 1265.95% in Q4 2025.

D-Wave Quantum (QBTS) EBT Margin (2021 - 2026) Analysis & Trends

D-Wave Quantum has disclosed EBT Margin across 6 years of filings, most recently posting 1637.82% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 1637.82%, down 160169.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1091.98% (down 78712.0% YoY), and the FY2025 annual result was 326.46%, up 57285.0% from the prior year.
  • EBT Margin came in at 1637.82% for Q1 2026 at D-Wave Quantum, down from 1265.95% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 36.14% in Q1 2025 to a low of 1637.82% in Q1 2026.
  • The 5-year median for EBT Margin is 862.99% (2024), against an average of 904.48%.
  • Across the five-year window, EBT Margin jumped 86250 bps in 2024 and slumped 160169 bps in 2026, its largest moves.
  • D-Wave Quantum's EBT Margin stood at 715.78% in 2022, then rose by 20 bps to 569.24% in 2023, then slumped by 54 bps to 876.22% in 2024, then slumped by 44 bps to 1265.95% in 2025, then dropped by 29 bps to 1637.82% in 2026.
  • The last three EBT Margin figures came in at 1637.82% (Q1 2026), 1265.95% (Q4 2025), and 741.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 8.39%
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 69.03%
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 46.93%
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 27.76%
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 100.66%
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 5.96%
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 10.15%
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 3.42%
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 1,234.35%
10 D-Wave Quantum 8.82 Bn 8.82 Bn 1.82 Mn -1,637.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1,637.82%
Dec 31, 2025 -1,265.95%
Sep 30, 2025 -741.80%
Jun 30, 2025 -856.28%
Mar 31, 2025 -36.14%
Dec 31, 2024 -876.22%
Sep 30, 2024 -1,103.53%
Jun 30, 2024 -862.99%
Mar 31, 2024 -710.59%
Dec 31, 2023 -569.24%
Sep 30, 2023 -718.46%
Jun 30, 2023 -1,224.78%
Mar 31, 2023 -1,573.09%
Dec 31, 2022 -715.78%
Sep 30, 2022 -957.70%
Jun 30, 2022 -882.79%
Mar 31, 2022 -642.97%
Dec 31, 2021 -494.31%
Sep 30, 2021 -764.96%
Jun 30, 2021 -839.31%