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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

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

D-Wave Quantum's FCF Margin history spans 5 years, with the latest figure at 727.87% for Q4 2025.

  • For Q4 2025, FCF Margin fell 85277.0% year-over-year to 727.87%; the TTM value through Dec 2025 reached 308.47%, up 17790.0%, while the annual FY2025 figure was 308.47%, 17790.0% up from the prior year.
  • FCF Margin for Q4 2025 was 727.87% at D-Wave Quantum, down from 536.53% in the prior quarter.
  • Across five years, FCF Margin topped out at 124.9% in Q4 2024 and bottomed at 1016.9% in Q3 2024.
  • The 5-year median for FCF Margin is 561.76% (2022), against an average of 584.82%.
  • The largest annual shift saw FCF Margin surged 64596bps in 2024 before it plummeted -85277bps in 2025.
  • A 5-year view of FCF Margin shows it stood at 360.47% in 2021, then decreased by -28bps to 460.75% in 2022, then fell by -13bps to 521.06% in 2023, then surged by 124bps to 124.9% in 2024, then tumbled by -683bps to 727.87% in 2025.
  • Per Business Quant, the three most recent readings for QBTS's FCF Margin are 727.87% (Q4 2025), 536.53% (Q3 2025), and 518.09% (Q2 2025).