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D-Wave Quantum (QBTS) Gross Margin: 2021-2025

Historic Gross Margin for D-Wave Quantum (QBTS) over the last 5 years, with Sep 2025 value amounting to 71.38%.

  • D-Wave Quantum's Gross Margin rose 1561.00% to 71.38% in Q3 2025 from the same period last year, while for Sep 2025 it was 82.82%, marking a year-over-year increase of 1854.00%. This contributed to the annual value of 63.02% for FY2024, which is 1025.00% up from last year.
  • As of Q3 2025, D-Wave Quantum's Gross Margin stood at 71.38%, which was up 11.81% from 63.84% recorded in Q2 2025.
  • D-Wave Quantum's 5-year Gross Margin high stood at 92.51% for Q1 2025, and its period low was 26.60% during Q1 2023.
  • Moreover, its 3-year median value for Gross Margin was 63.79% (2024), whereas its average is 61.22%.
  • In the last 5 years, D-Wave Quantum's Gross Margin plummeted by 3,744bps in 2023 and then spiked by 4,071bps in 2024.
  • D-Wave Quantum's Gross Margin (Quarterly) stood at 63.85% in 2021, then crashed by 832bps to 55.53% in 2022, then skyrocketed by 1,216bps to 67.69% in 2023, then tumbled by 389bps to 63.79% in 2024, then spiked by 1,561bps to 71.38% in 2025.
  • Its last three reported values are 71.38% in Q3 2025, 63.84% for Q2 2025, and 92.51% during Q1 2025.