D-Wave Quantum (QBTS) FCF Margin (2021 - 2026)
D-Wave Quantum (QBTS) posted FCF Margin of 1610.95% for Q1 2026, down 166.84% sequentially from 603.71% in Q4 2025, and down 148116.0% YoY from N/an in Q1 2025.
D-Wave Quantum (QBTS) FCF Margin (2021 - 2026) Analysis & Trends
D-Wave Quantum has reported FCF Margin for 6 years, with the latest figure at 1610.95% in Q1 2026.
- Quarterly FCF Margin fell 148116.0% year-over-year to 1610.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 795.55% (down 56498.0% YoY) and the FY2025 annual result came in at 294.57%, up 18094.0% from the prior year.
- FCF Margin fell to 1610.95% in Q1 2026 per QBTS's latest filing, from 603.71% in the prior quarter.
- Over five years, FCF Margin peaked at 90.08% in Q4 2024 and troughed at 1610.95% in Q1 2026.
- A 5-year average of 646.61% and a median of 603.71% in 2025 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2024 and 2026: FCF Margin soared 59604 bps in 2024, then tumbled 148116 bps in 2026.
- Over 5 years, FCF Margin stood at 469.98% in 2022, then slipped by 8 bps to 505.95% in 2023, then soared by 118 bps to 90.08% in 2024, then plunged by 770 bps to 603.71% in 2025, then tumbled by 167 bps to 1610.95% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 1610.95%, 603.71%, and 536.53% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 7.11% |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 60.50% |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 50.30% |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 42.83% |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 29.31% |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 14.92% |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 5.25% |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | -64.58% |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 12.22% |
| 10 | D-Wave Quantum | 7.35 Bn | 7.35 Bn | 1.82 Mn | -1,610.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1,610.95% |
| Dec 31, 2025 | -603.71% |
| Sep 30, 2025 | -536.53% |
| Jun 30, 2025 | -526.07% |
| Mar 31, 2025 | -129.79% |
| Dec 31, 2024 | 90.08% |
| Sep 30, 2024 | -928.56% |
| Jun 30, 2024 | -664.36% |
| Mar 31, 2024 | -494.40% |
| Dec 31, 2023 | -505.95% |
| Sep 30, 2023 | -656.56% |
| Jun 30, 2023 | -906.80% |
| Mar 31, 2023 | -859.13% |
| Dec 31, 2022 | -469.98% |
| Sep 30, 2022 | -748.85% |
| Jun 30, 2022 | -878.99% |
| Mar 31, 2022 | -561.76% |
| Dec 31, 2021 | -308.37% |
| Sep 30, 2021 | -590.97% |