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D-Wave Quantum (QBTS) Free Cash Flow (2021 - 2025)

D-Wave Quantum (QBTS) has disclosed Free Cash Flow for 5 consecutive years, with -$21.9 million as the latest value for Q4 2025.

  • Quarterly Free Cash Flow fell 1193.36% to -$21.9 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was -$75.8 million through Dec 2025, down 76.66% year-over-year, with the annual reading at -$75.8 million for FY2025, 76.66% down from the prior year.
  • Free Cash Flow hit -$21.9 million in Q4 2025 for D-Wave Quantum, down from -$19.2 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $2.0 million in Q4 2024 to a low of -$21.9 million in Q4 2025.
  • Historically, Free Cash Flow has averaged -$13.4 million across 5 years, with a median of -$14.1 million in 2023.
  • Biggest five-year swings in Free Cash Flow: skyrocketed 113.15% in 2024 and later crashed 1193.36% in 2025.
  • Year by year, Free Cash Flow stood at -$8.8 million in 2021, then dropped by 22.29% to -$10.7 million in 2022, then crashed by 42.24% to -$15.2 million in 2023, then surged by 113.15% to $2.0 million in 2024, then plummeted by 1193.36% to -$21.9 million in 2025.
  • Business Quant data shows Free Cash Flow for QBTS at -$21.9 million in Q4 2025, -$19.2 million in Q3 2025, and -$15.4 million in Q2 2025.