D-Wave Quantum (QBTS) Equity Ratio (2020 - 2025)

D-Wave Quantum's Equity Ratio history spans 5 years, with the latest figure at 0.93 for Q4 2025.

  • For Q4 2025, Equity Ratio rose 196.87% year-over-year to 0.93; the TTM value through Dec 2025 reached 0.93, up 196.87%, while the annual FY2025 figure was 0.93, 196.87% up from the prior year.
  • Equity Ratio for Q4 2025 was 0.93 at D-Wave Quantum, up from 0.82 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.93 in Q4 2025 and bottomed at 1.15 in Q2 2022.
  • The 5-year median for Equity Ratio is 0.41 (2023), against an average of 0.28.
  • The largest annual shift saw Equity Ratio tumbled 94.24% in 2022 before it skyrocketed 196.87% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.56 in 2021, then tumbled by 94.24% to 1.09 in 2022, then skyrocketed by 62.28% to 0.41 in 2023, then surged by 176.0% to 0.31 in 2024, then surged by 196.87% to 0.93 in 2025.
  • Per Business Quant, the three most recent readings for QBTS's Equity Ratio are 0.93 (Q4 2025), 0.82 (Q2 2025), and 0.64 (Q1 2025).