D-Wave Quantum (QBTS) Return on Capital Employed (2022 - 2026)

D-Wave Quantum (QBTS) posted Return on Capital Employed of 13.97% for Q1 2026, down 21.04% sequentially from 11.54% in Q4 2025, and up 1469.0% YoY from 0.89% in Q1 2025.

D-Wave Quantum (QBTS) Return on Capital Employed (2022 - 2026) Analysis & Trends

D-Wave Quantum (QBTS) has 5 years of Return on Capital Employed data on file, last reported at 13.97% in Q1 2026.

  • Quarterly Return on Capital Employed rose 1469.0% year-over-year to 13.97% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.97% (up 1469.0% YoY) and the FY2025 annual result came in at 18.7%, up 5894.0% from the prior year.
  • Return on Capital Employed declined to 13.97% in Q1 2026 per QBTS's latest filing, from 11.54% in the prior quarter.
  • The five-year high for Return on Capital Employed was 1069.6% in Q2 2023, with the low at 2113.72% in Q3 2023.
  • Average Return on Capital Employed over 5 years is 255.01%, with a median of 150.5% recorded in 2023.
  • Year-over-year, Return on Capital Employed tumbled 187955 bps in 2023 and surged 186744 bps in 2024.
  • D-Wave Quantum's Return on Capital Employed stood at 417.58% in 2022, then jumped by 64 bps to 150.5% in 2023, then surged by 46 bps to 81.66% in 2024, then soared by 86 bps to 11.54% in 2025, then fell by 21 bps to 13.97% in 2026.
  • Business Quant data shows QBTS's Return on Capital Employed at 13.97% in Q1 2026, 11.54% in Q4 2025, and 10.22% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 40.93%
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 31.76%
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 29.70%
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 33.39%
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 55.82%
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 5.87%
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 25.32%
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 8.58%
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 29.15%
10 D-Wave Quantum 8.64 Bn 8.64 Bn 1.82 Mn -13.97%

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.97%
Dec 31, 2025 -11.54%
Sep 30, 2025 -10.22%
Jun 30, 2025 -13.91%
Mar 31, 2025 -28.66%
Dec 31, 2024 -81.66%
Sep 30, 2024 -246.28%
Jun 30, 2024 -581.27%
Mar 31, 2024 -170.16%
Dec 31, 2023 -150.50%
Sep 30, 2023 -2,113.72%
Jun 30, 2023 1,069.60%
Mar 31, 2023 -821.15%
Dec 31, 2022 -417.58%
Sep 30, 2022 -234.17%