D-Wave Quantum QBTS
NASDAQ QBTS
$18.69 -1.70 (-8.34%)
As of: Aug 24, 2026 · 3:59 PM EDT

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

D-Wave Quantum (QBTS) posted EBT Margin of 1637.82% for Q1 2026, down 16.05% sequentially from 1411.3% in Q4 2025, and down 160169.0% YoY from N/an in Q1 2025.

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

D-Wave Quantum has reported EBT Margin for 6 years, with the latest figure at 1637.82% in Q1 2026.

  • Quarterly EBT Margin fell 160169.0% year-over-year to 1637.82% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2955.38% (down 263586.0% YoY) and the FY2025 annual result came in at 945.53%, up 137227.0% from the prior year.
  • EBT Margin retreated to 1637.82% in Q1 2026 per QBTS's latest filing, from 1411.3% in the prior quarter.
  • Over five years, EBT Margin peaked at 36.14% in Q1 2025 and troughed at 7228.5% in Q3 2022.
  • A 5-year average of 1712.85% and a median of 1151.5% in 2024 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2022 and 2023: EBT Margin slumped 646354 bps in 2022, then jumped 647881 bps in 2023.
  • Over 5 years, EBT Margin stood at 790.1% in 2022, then soared by 33 bps to 527.94% in 2023, then plunged by 63 bps to 858.6% in 2024, then tumbled by 64 bps to 1411.3% in 2025, then decreased by 16 bps to 1637.82% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 1637.82%, 1411.3%, and 4486.76% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Dell Technologies 280.00 Bn 268.42 Bn 7.78 Bn 9.01%
2 Arista Networks 236.48 Bn 223.14 Bn 1.91 Bn 49.55%
3 Sandisk 219.05 Bn 214.29 Bn 7.58 Bn 87.55%
4 Seagate Technology Holdings 173.77 Bn 172.06 Bn 1.90 Bn 41.47%
5 Western Digital 148.61 Bn 145.37 Bn 1.68 Bn 100.66%
6 Everpure 33.29 Bn 31.79 Bn 723.33 Mn 3.22%
7 Hp 26.26 Bn 22.56 Bn 3.02 Bn 3.42%
8 Super Micro Computer 21.11 Bn 19.82 Bn 1.02 Bn 5.96%
9 Logitech International 13.96 Bn 12.21 Bn 607.94 Mn 22.46%
10 D-Wave Quantum 6.93 Bn 6.93 Bn 1.70 Mn -1,561.12%

Historic Data

Download Data
DateValue
Jun 30, 2026 -1,561.12%
Mar 31, 2026 -1,637.82%
Dec 31, 2025 -1,411.30%
Sep 30, 2025 -4,486.76%
Jun 30, 2025 -3,694.96%
Mar 31, 2025 -36.14%
Dec 31, 2024 -858.60%
Sep 30, 2024 -1,151.50%
Jun 30, 2024 -983.97%
Mar 31, 2024 -1,226.53%
Dec 31, 2023 -527.94%
Sep 30, 2023 -749.69%
Jun 30, 2023 -1,235.79%
Mar 31, 2023 -1,573.09%
Dec 31, 2022 -790.10%
Sep 30, 2022 -7,228.50%
Jun 30, 2022 -882.79%
Mar 31, 2022 -642.97%
Dec 31, 2021 -487.92%
Sep 30, 2021 -764.96%