KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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) Net Margin (2021 - 2026)

D-Wave Quantum's Net Margin history spans 6 years, with the latest figure at 642.3% for Q1 2026.

  • On a quarterly basis, Net Margin fell 60616.0% to 642.3% in Q1 2026 year-over-year; TTM through Mar 2026 was 863.34%, a 55848.0% decrease, with the full-year FY2025 number at 326.46%, up 57285.0% from a year prior.
  • Net Margin hit 642.3% in Q1 2026 for D-Wave Quantum, up from 1265.95% in the prior quarter.
  • Over the last five years, Net Margin for QBTS hit a ceiling of 36.14% in Q1 2025 and a floor of 1573.09% in Q1 2023.
  • Historically, Net Margin has averaged 835.78% across 5 years, with a median of 785.31% in 2022.
  • Biggest five-year swings in Net Margin: crashed -93012bps in 2023 and later soared 86250bps in 2024.
  • Tracing QBTS's Net Margin over 5 years: stood at 715.78% in 2022, then grew by 20bps to 569.24% in 2023, then crashed by -54bps to 876.22% in 2024, then tumbled by -44bps to 1265.95% in 2025, then soared by 49bps to 642.3% in 2026.
  • Business Quant data shows Net Margin for QBTS at 642.3% in Q1 2026, 1265.95% in Q4 2025, and 741.8% in Q3 2025.