TTM
66.3%
YoY change
+19.57pp
Trough year (2023)
52.8%
Peak year (2025)
82.6%
Latest annual
82.6%
Gross Margin history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Latest: 82.6%
Gross Margin change chart for D-Wave Quantum (QBTS) from 2020 to 2025
Latest: +19.57pp
Gross Margin history table for D-Wave Quantum (QBTS) from 2020 to 2025
| 2025 | 82.6% | +19.57pp | ||
| 2024 | 63.0% | +10.25pp | ||
| 2023 | 52.8% | -6.48pp | ||
| 2022 | 59.2% | -12.88pp | ||
| 2021 | 72.1% | -10.14pp | ||
| 2020 | 82.3% | — |
- 202582.6%+19.57pp
- 202463.0%+10.25pp
- 202352.8%-6.48pp
- 202259.2%-12.88pp
- 202172.1%-10.14pp
- 202082.3%—
Gross 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 Gross Margin at D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's latest reported gross margin is 66.3%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, D-Wave Quantum (QBTS) reported gross margin of 82.59% – expanded 19.6 percentage points year-over-year.
The record annual gross margin stands at 82.59%, reached in 2025; the historical low of 52.77% was recorded in 2023.
D-Wave Quantum Gross Margin by Year
D-Wave Quantum Gross Margin 2025: 82.6%
In 2025, D-Wave Quantum reported gross margin of 82.59%, expanded 19.6 percentage points from 2024. This figure represents the highest annual value in the available history.
D-Wave Quantum Gross Margin 2024: 63.0%
D-Wave Quantum gross margin in 2024 was 63.02%, expanded 10.2 percentage points from 2023.
D-Wave Quantum Gross Margin 2023: 52.8%
2023's gross margin for D-Wave Quantum came in at 52.77%, contracted 6.5 percentage points from 2022. This figure represents the lowest annual value in the available history.
D-Wave Quantum Gross Margin 2022: 59.2%
D-Wave Quantum posted gross margin of 59.25% in 2022, contracted 12.9 percentage points from 2021.
D-Wave Quantum Gross Margin 2021: 72.1%
D-Wave Quantum gross margin in 2021 was 72.13%.
See more financial history for D-Wave Quantum (QBTS).
Sector peers by Gross Margin
Technology peers of D-Wave Quantum (QBTS), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
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