D-Wave Quantum (QBTS) Return on Capital Employed (2022 - 2025)

D-Wave Quantum (QBTS) has disclosed Return on Capital Employed for 4 consecutive years, with 0.12% as the latest value for Q4 2025.

  • Quarterly Return on Capital Employed rose 70.0% to 0.12% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.12% through Dec 2025, up 70.0% year-over-year, with the annual reading at 0.19% for FY2025, 59.0% up from the prior year.
  • Return on Capital Employed hit 0.12% in Q4 2025 for D-Wave Quantum, down from 0.1% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 10.7% in Q2 2023 to a low of 21.14% in Q3 2023.
  • Historically, Return on Capital Employed has averaged 2.72% across 4 years, with a median of 1.6% in 2024.
  • Biggest five-year swings in Return on Capital Employed: plummeted -1880bps in 2023 and later skyrocketed 1867bps in 2024.
  • Year by year, Return on Capital Employed stood at 4.18% in 2022, then soared by 64bps to 1.51% in 2023, then skyrocketed by 46bps to 0.82% in 2024, then skyrocketed by 86bps to 0.12% in 2025.
  • Business Quant data shows Return on Capital Employed for QBTS at 0.12% in Q4 2025, 0.1% in Q3 2025, and 0.14% in Q2 2025.