D-Wave Quantum (QBTS) Return on Capital Employed (2022 - 2026)
D-Wave Quantum's (QBTS) quarterly Return on Capital Employed came in at 13.97% in Q1 2026, up 1469.0% year-on-year from 0.89% in Q1 2025, and down 21.04% quarter-over-quarter from 11.54% in Q4 2025.
D-Wave Quantum (QBTS) Return on Capital Employed (2022 - 2026) Analysis & Trends
D-Wave Quantum has disclosed Return on Capital Employed across 5 years of filings, most recently posting 13.97% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 13.97%, up 1469.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.97% (up 1469.0% YoY), and the FY2025 annual result was 18.7%, up 5894.0% from the prior year.
- Return on Capital Employed came in at 13.97% for Q1 2026 at D-Wave Quantum, down from 11.54% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 1069.6% in Q2 2023 to a low of 2113.72% in Q3 2023.
- The 5-year median for Return on Capital Employed is 150.5% (2023), against an average of 255.01%.
- Across the five-year window, Return on Capital Employed sank 187955 bps in 2023 and jumped 186744 bps in 2024, its largest moves.
- 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 slipped by 21 bps to 13.97% in 2026.
- The last three Return on Capital Employed figures came in at 13.97% (Q1 2026), 11.54% (Q4 2025), and 10.22% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 26.19% |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 40.93% |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 29.70% |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 55.82% |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 33.39% |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 8.58% |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 4.53% |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 25.32% |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -12.83% |
| 10 | D-Wave Quantum | 8.82 Bn | 8.82 Bn | 1.82 Mn | -13.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |