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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) Invested Capital (2020 - 2026)

D-Wave Quantum's Invested Capital history spans 7 years, with the latest figure at $1.1 billion for Q1 2026.

  • On a quarterly basis, Invested Capital rose 441.26% to $1.1 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $1.1 billion, a 441.26% increase, with the full-year FY2025 number at $852.4 million, up 1260.6% from a year prior.
  • Invested Capital hit $1.1 billion in Q1 2026 for D-Wave Quantum, up from $852.4 million in the prior quarter.
  • Over the last five years, Invested Capital for QBTS hit a ceiling of $1.1 billion in Q1 2026 and a floor of -$35.4 million in Q2 2023.
  • Historically, Invested Capital has averaged $206.3 million across 5 years, with a median of $6.9 million in 2023.
  • Biggest five-year swings in Invested Capital: tumbled 444.54% in 2023 and later surged 20961.52% in 2025.
  • Tracing QBTS's Invested Capital over 5 years: stood at -$28.1 million in 2022, then soared by 124.66% to $6.9 million in 2023, then surged by 805.42% to $62.6 million in 2024, then skyrocketed by 1260.6% to $852.4 million in 2025, then soared by 31.91% to $1.1 billion in 2026.
  • Business Quant data shows Invested Capital for QBTS at $1.1 billion in Q1 2026, $852.4 million in Q4 2025, and $670.7 million in Q3 2025.