D-Wave Quantum Ratios (2020-2026) | QBTS

Ratios Dec2020 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025 Dec2025 Mar2026
Profitability
Gross Margin (Quarter)
60.60%76.51%63.85%64.04%54.78%61.42%55.53%26.60%41.30%59.68%67.69%67.30%63.58%55.78%63.79%92.51%63.84%71.38%64.83%63.61%
EBT Margin (Quarter)
-839.31%-764.96%-494.31%-642.97%-882.79%-957.70%-715.78%-1,573.09%-1,224.78%-718.46%-569.24%-710.59%-862.99%-1,103.53%-876.22%-36.14%-856.28%-741.80%-1,265.95%-1,637.82%
EBIT Margin (Quarter)
-821.11%-749.27%-447.40%-639.29%-904.67%-894.63%-878.12%-1,559.70%-1,224.78%-718.46%-569.24%-710.59%-862.99%-1,103.53%-876.22%-75.27%-856.28%-741.80%-1,265.95%-1,914.87%
EBITDA Margin (Quarter)
-413.90%-319.82%-960.14%-678.52%-894.60%-684.01%-741.38%-1,542.96%-1,538.08%-628.06%-552.62%-700.41%-813.38%-1,222.62%-3,724.04%-32.82%-5,381.00%-3,741.29%-1,534.19%-647.03%
Operating Margin (Quarter)
-821.11%-749.27%-447.40%-639.29%-904.67%-894.63%-878.12%-1,559.70%-1,224.78%-718.46%-569.24%-710.59%-862.99%-1,103.53%-876.22%-75.27%-856.28%-741.80%-1,265.95%-1,914.87%
Net Margin (Quarter)
-839.31%-322.04%-494.31%-642.97%-882.79%-785.31%-715.78%-1,573.09%-1,224.78%-718.46%-569.24%-710.59%-862.99%-1,103.53%-876.22%-36.14%-856.28%-741.80%-1,265.95%-642.30%
FCF Margin (Quarter)
-672.30%-243.90%-556.33%-885.78%-748.85%-455.45%-861.53%-899.94%-661.01%-524.71%-495.17%-668.53%-1,016.90%124.90%-131.44%-518.09%-536.53%-727.87%-1,610.95%
Efficiency
Inventory Average (Quarter)
2.34M2.36M2.22M2.28M2.28M2.16M2.08M2.10M2.01M1.79M1.69M2.08M2.64M2.80M2.85M
Assets Average (Quarter)
34.67M30.30M27.20M26.18M47.54M64.77M53.98M55.21M55.69M124.71M262.73M584.60M854.71M890.82M1,057.81M
Equity Average (Quarter)
18.92M15.07M-2.63M-23.77M-34.98M-31.79M-26.14M-30.06M-41.10M-33.33M-19.80M-30.72M-29.24M-19.21M22.87M135.02M450.82M682.40M761.39M988.24M
Invested Capital (Quarter)
17.05M13.10M-5.90M-29.19M-6.51M-7.68M-28.06M-21.61M-35.43M15.08M6.92M-5.86M10.79M-3.21M62.65M207.74M694.25M670.70M852.36M1,124.39M
Asset Utilization Ratio (Quarter)
0.210.240.260.280.170.140.180.180.170.070.080.040.030.030.01
Leverage & Solvency
Interest Coverage Ratio (Quarter)
-45.10-47.77-9.54-173.8341.34-14.195.41-116.46-49.96-211.30
Debt to Equity (Quarter)
-1.67-0.84-0.55-1.12-1.06-0.93-4.17-2.62-1.72-2.98-2.720.490.150.050.050.040.03
Debt Ratio (Quarter)
1.040.960.381.231.181.930.901.081.301.040.930.150.090.040.040.040.03
Equity Ratio (Quarter)
-0.62-1.14-0.68-1.09-1.12-2.07-0.22-0.41-0.76-0.35-0.340.310.640.820.770.930.94
Times Interest Earned (Quarter)
-45.10-47.77-9.54-173.8341.34-14.195.41-116.46-49.96-211.30
Valuation
Enterprise Value (Quarter)
-8.04M-9.54M-10.50M-13.80M-41.31M-177.98M-304.32M-819.31M-836.23M-884.48M-588.39M
Return Ratios
Return on Sales (Quarter)
-0.08%-0.08%-0.05%-0.06%-0.09%-0.10%-0.07%-0.16%-0.12%-0.07%-0.06%-0.07%-0.09%-0.11%-0.09%0.00%-0.09%-0.07%-0.13%-0.06%
Return on Capital Employed (Quarter)
-234.17%-417.58%-821.15%1,069.60%-2,113.72%-150.50%-170.16%-581.27%-246.28%-81.66%-28.66%-13.91%-10.22%-11.54%-13.97%
Return on Assets (Quarter)
-0.01%-0.02%-0.03%-0.03%-0.02%-0.01%-0.01%-0.01%-0.01%-0.01%0.00%0.00%0.00%0.00%0.00%
Return on Equity (Quarter)
0.12%0.02%0.01%0.02%0.02%0.02%0.02%0.02%0.04%0.02%0.02%0.04%-0.03%0.00%0.00%0.00%0.00%0.00%