D-Wave Quantum (QBTS) FCF Margin (2021 - 2026)
D-Wave Quantum (QBTS) posted FCF Margin of 1610.95% for Q1 2026, down 121.32% sequentially from 727.87% in Q4 2025, and down 147951.0% YoY from N/an in Q1 2025.
D-Wave Quantum (QBTS) FCF Margin (2021 - 2026) Analysis & Trends
D-Wave Quantum (QBTS) has 6 years of FCF Margin data on file, last reported at 1610.95% in Q1 2026.
- Quarterly FCF Margin fell 147951.0% year-over-year to 1610.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 821.02% (down 58490.0% YoY) and the FY2025 annual result came in at 308.47%, up 17790.0% from the prior year.
- FCF Margin fell to 1610.95% in Q1 2026 per QBTS's latest filing, from 727.87% in the prior quarter.
- The five-year high for FCF Margin was 124.9% in Q4 2024, with the low at 1610.95% in Q1 2026.
- Average FCF Margin over 5 years is 657.3%, with a median of 661.01% recorded in 2023.
- Year-over-year, FCF Margin surged 64961 bps in 2024 and sank 147951 bps in 2026.
- D-Wave Quantum's FCF Margin stood at 455.45% in 2022, then slipped by 15 bps to 524.71% in 2023, then jumped by 124 bps to 124.9% in 2024, then sank by 683 bps to 727.87% in 2025, then plunged by 121 bps to 1610.95% in 2026.
- Business Quant data shows QBTS's FCF Margin at 1610.95% in Q1 2026, 727.87% in Q4 2025, and 536.53% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 50.30% |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 7.11% |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 60.50% |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 29.31% |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 42.83% |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 14.92% |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 5.25% |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | -64.58% |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 18.29% |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | -1,610.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1,610.95% |
| Dec 31, 2025 | -727.87% |
| Sep 30, 2025 | -536.53% |
| Jun 30, 2025 | -518.09% |
| Mar 31, 2025 | -131.44% |
| Dec 31, 2024 | 124.90% |
| Sep 30, 2024 | -1,016.90% |
| Jun 30, 2024 | -668.53% |
| Mar 31, 2024 | -495.17% |
| Dec 31, 2023 | -524.71% |
| Sep 30, 2023 | -661.01% |
| Jun 30, 2023 | -899.94% |
| Mar 31, 2023 | -861.53% |
| Dec 31, 2022 | -455.45% |
| Sep 30, 2022 | -748.85% |
| Jun 30, 2022 | -885.78% |
| Mar 31, 2022 | -556.33% |
| Dec 31, 2021 | -243.90% |
| Sep 30, 2021 | -672.30% |