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| Date | Value |
|---|---|
| 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% |