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 has reported Return on Capital Employed for 5 years, with the latest figure 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.
- Over five years, Return on Capital Employed peaked at 1069.6% in Q2 2023 and troughed at 2113.72% in Q3 2023.
- A 5-year average of 255.01% and a median of 150.5% in 2023 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed sank 187955 bps in 2023, then soared 186744 bps in 2024.
- Over 5 years, Return on Capital Employed stood at 417.58% in 2022, then soared by 64 bps to 150.5% in 2023, then jumped by 46 bps to 81.66% in 2024, then surged by 86 bps to 11.54% in 2025, then declined by 21 bps to 13.97% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 13.97%, 11.54%, and 10.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 31.76% |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 29.70% |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 40.93% |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 55.82% |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 33.39% |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 5.87% |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 25.32% |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 8.58% |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 33.64% |
| 10 | D-Wave Quantum | 7.35 Bn | 7.35 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% |