Growth Metrics

D-Wave Quantum (QBTS) FCF Margin (2021 - 2025)

Historic FCF Margin for Wave Quantum (QBTS) over the last 5 years, with Q3 2025 value amounting to 536.53%.

  • Wave Quantum's FCF Margin rose 4463000.0% to 536.53% in Q3 2025 from the same period last year, while for Sep 2025 it was 226.75%, marking a year-over-year increase of 4205000.0%. This contributed to the annual value of 506.96% for FY2024, which is 1922000.0% up from last year.
  • Per Wave Quantum's latest filing, its FCF Margin stood at 536.53% for Q3 2025, which was up 4463000.0% from 518.09% recorded in Q2 2025.
  • In the past 5 years, Wave Quantum's FCF Margin registered a high of 46.21% during Q4 2024, and its lowest value of 982.83% during Q3 2024.
  • For the 5-year period, Wave Quantum's FCF Margin averaged around 578.27%, with its median value being 562.29% (2022).
  • Within the past 5 years, the most significant YoY rise in Wave Quantum's FCF Margin was 5686100bps (2024), while the steepest drop was -3221000bps (2024).
  • Quarter analysis of 5 years shows Wave Quantum's FCF Margin stood at 307.75% in 2021, then crashed by -50bps to 461.84% in 2022, then fell by -13bps to 522.4% in 2023, then skyrocketed by 109bps to 46.21% in 2024, then crashed by -1261bps to 536.53% in 2025.
  • Its FCF Margin stands at 536.53% for Q3 2025, versus 518.09% for Q2 2025 and 131.44% for Q1 2025.