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EBITDA Margin for D-Wave Quantum (QBTS)

As of · Reported

Metric

TTM

-3206.6%

YoY change

+145.55pp

Trough year (2024)

-1564.0%

Peak year (2020)

-272.5%

EBITDA Margin history chart for D-Wave Quantum (QBTS) from 2020 to 2025

Latest: -1418.4%

EBITDA Margin change chart for D-Wave Quantum (QBTS) from 2020 to 2025

Latest: +145.55pp

EBITDA Margin history table for D-Wave Quantum (QBTS) from 2020 to 2025

  • 2025-1418.4%+145.55pp
  • 2024-1564.0%-640.99pp
  • 2023-923.0%-239.37pp
  • 2022-683.6%-136.40pp
  • 2021-547.2%-274.65pp
  • 2020-272.5%—

EBITDA Margin values are taken from D-Wave Quantum's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at D-Wave Quantum (QBTS)

According to D-Wave Quantum's latest reported financial statements, the company's latest reported EBITDA margin is -3206.6%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of D-Wave Quantum (QBTS) EBITDA margin is -1418.40% – expanded 145.5 percentage points year-over-year.

The record annual EBITDA margin stands at -272.54%, reached in 2020; the historical low of -1563.95% was recorded in 2024.

D-Wave Quantum EBITDA Margin by Year

D-Wave Quantum EBITDA Margin 2025: -1418.4%

D-Wave Quantum posted EBITDA margin of -1418.40% in 2025, expanded 145.5 percentage points from 2024.

D-Wave Quantum EBITDA Margin 2024: -1564.0%

In 2024, D-Wave Quantum reported EBITDA margin of -1563.95%, contracted 641.0 percentage points from 2023. This figure represents the lowest annual value in the available history.

D-Wave Quantum EBITDA Margin 2023: -923.0%

D-Wave Quantum EBITDA margin in 2023 was -922.96%, contracted 239.4 percentage points from 2022.

D-Wave Quantum EBITDA Margin 2022: -683.6%

2022's EBITDA margin for D-Wave Quantum came in at -683.59%, contracted 136.4 percentage points from 2021.

D-Wave Quantum EBITDA Margin 2021: -547.2%

D-Wave Quantum EBITDA margin in 2021 was -547.19%.

See more financial history for D-Wave Quantum (QBTS).

Sector peers by EBITDA Margin

Technology peers of D-Wave Quantum (QBTS), ranked by their latest EBITDA margin

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