D-Wave Quantum (QBTS) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -18.9% | -11.5% | -23.2% | +40.5% | +48.6% | -20.4% | -2.0% | — | — | — | — | — |
| 2025 | -29.3% | -7.7% | +38.7% | -9.1% | +136.3% | -10.3% | +17.4% | -9.1% | +58.2% | +50.0% | -38.8% | +15.4% |
| 2024 | -4.0% | +118.9% | +10.3% | -32.8% | -1.5% | -15.6% | -12.3% | +1.0% | -2.7% | +7.8% | +184.9% | +178.1% |
| 2023 | -13.2% | -44.4% | -4.5% | -25.2% | +153.5% | +65.9% | +0.5% | -44.8% | -16.8% | -25.2% | +13.6% | +7.3% |
| 2022 | -0.2% | +1.0% | -0.1% | +0.0% | -0.1% | +0.3% | -11.6% | -23.7% | +17.8% | -63.0% | -19.6% | -38.5% |
| 2021 | +4.8% | -4.7% | -5.2% | +0.6% | -1.0% | +0.6% | -1.3% | +0.2% | +0.0% | +0.5% | +0.6% | -0.6% |
| 2020 | — | — | — | — | — | — | — | — | — | — | — | — |
| Avg | -10.1% | +8.6% | +2.7% | -4.3% | +56.0% | +3.4% | -1.5% | -15.3% | +11.3% | -6.0% | +28.1% | +32.4% |
| Median | -8.6% | -6.2% | -2.3% | -4.5% | +24.3% | -5.0% | -1.3% | -9.1% | +0.0% | +0.5% | +0.6% | +7.3% |
| Last 5Y Avg | -13.1% | +11.2% | +4.2% | -5.3% | +67.4% | +4.0% | -1.5% | -15.3% | +11.3% | -6.0% | +28.1% | +32.4% |
| Std Dev (σ) | 12.7% | 56.3% | 20.7% | 25.8% | 71.7% | 31.7% | 12.0% | 19.3% | 29.0% | 41.8% | 89.9% | 84.1% |
| Consistency (μ/σ) | -0.79 | 0.15 | 0.13 | -0.17 | 0.78 | 0.11 | -0.12 | -0.79 | 0.39 | -0.14 | 0.31 | 0.38 |
| Win Rate (%) | 17% | 33% | 33% | 33% | 50% | 50% | 40% | 40% | 40% | 60% | 60% | 60% |
| Winning / Losing Months | ▲1▼5 | ▲2▼4 | ▲2▼4 | ▲2▼4 | ▲3▼3 | ▲3▼3 | ▲2▼3 | ▲2▼3 | ▲2▼3 | ▲3▼2 | ▲3▼2 | ▲3▼2 |
| Longest Win / Loss Streak | ▲1▼5 | ▲1▼2 | ▲2▼3 | ▲1▼4 | ▲2▼2 | ▲3▼3 | ▲1▼2 | ▲1▼2 | ▲1▼2 | ▲2▼2 | ▲2▼1 | ▲3▼2 |
| Best | +4.8%in January 2021 | +118.9%in February 2024 | +38.7%in March 2025 | +40.5%in April 2026 | +153.5%in May 2023 | +65.9%in June 2023 | +17.4%in July 2025 | +1.0%in August 2024 | +58.2%in September 2025 | +50.0%in October 2025 | +184.9%in November 2024 | +178.1%in December 2024 |
| Worst | -29.3%in January 2025 | -44.4%in February 2023 | -23.2%in March 2026 | -32.8%in April 2024 | -1.5%in May 2024 | -20.4%in June 2026 | -12.3%in July 2024 | -44.8%in August 2023 | -16.8%in September 2023 | -63.0%in October 2022 | -38.8%in November 2025 | -38.5%in December 2022 |
−63.0%+184.9%
2026
Jan-18.9%
Feb-11.5%
Mar-23.2%
Apr+40.5%
May+48.6%
Jun-20.4%
Jul-2.0%
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-29.3%
Feb-7.7%
Mar+38.7%
Apr-9.1%
May+136.3%
Jun-10.3%
Jul+17.4%
Aug-9.1%
Sep+58.2%
Oct+50.0%
Nov-38.8%
Dec+15.4%
2024
Jan-4.0%
Feb+118.9%
Mar+10.3%
Apr-32.8%
May-1.5%
Jun-15.6%
Jul-12.3%
Aug+1.0%
Sep-2.7%
Oct+7.8%
Nov+184.9%
Dec+178.1%
2023
Jan-13.2%
Feb-44.4%
Mar-4.5%
Apr-25.2%
May+153.5%
Jun+65.9%
Jul+0.5%
Aug-44.8%
Sep-16.8%
Oct-25.2%
Nov+13.6%
Dec+7.3%
2022
Jan-0.2%
Feb+1.0%
Mar-0.1%
Apr+0.0%
May-0.1%
Jun+0.3%
Jul-11.6%
Aug-23.7%
Sep+17.8%
Oct-63.0%
Nov-19.6%
Dec-38.5%
2021
Jan+4.8%
Feb-4.7%
Mar-5.2%
Apr+0.6%
May-1.0%
Jun+0.6%
Jul-1.3%
Aug+0.2%
Sep+0.0%
Oct+0.5%
Nov+0.6%
Dec-0.6%
2020
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
Avg
Jan-10.1%
Feb+8.6%
Mar+2.7%
Apr-4.3%
May+56.0%
Jun+3.4%
Jul-1.5%
Aug-15.3%
Sep+11.3%
Oct-6.0%
Nov+28.1%
Dec+32.4%
Median
Jan-8.6%
Feb-6.2%
Mar-2.3%
Apr-4.5%
May+24.3%
Jun-5.0%
Jul-1.3%
Aug-9.1%
Sep+0.0%
Oct+0.5%
Nov+0.6%
Dec+7.3%
Last 5Y Avg
Jan-13.1%
Feb+11.2%
Mar+4.2%
Apr-5.3%
May+67.4%
Jun+4.0%
Jul-1.5%
Aug-15.3%
Sep+11.3%
Oct-6.0%
Nov+28.1%
Dec+32.4%
Std Dev (σ)
Jan12.7%
Feb56.3%
Mar20.7%
Apr25.8%
May71.7%
Jun31.7%
Jul12.0%
Aug19.3%
Sep29.0%
Oct41.8%
Nov89.9%
Dec84.1%
Consistency (μ/σ)
Jan-0.79
Feb0.15
Mar0.13
Apr-0.17
May0.78
Jun0.11
Jul-0.12
Aug-0.79
Sep0.39
Oct-0.14
Nov0.31
Dec0.38
Win Rate (%)
Jan17%
Feb33%
Mar33%
Apr33%
May50%
Jun50%
Jul40%
Aug40%
Sep40%
Oct60%
Nov60%
Dec60%
Winning / Losing Months
Jan▲1▼5
Feb▲2▼4
Mar▲2▼4
Apr▲2▼4
May▲3▼3
Jun▲3▼3
Jul▲2▼3
Aug▲2▼3
Sep▲2▼3
Oct▲3▼2
Nov▲3▼2
Dec▲3▼2
Longest Win / Loss Streak
Jan▲1▼5
Feb▲1▼2
Mar▲2▼3
Apr▲1▼4
May▲2▼2
Jun▲3▼3
Jul▲1▼2
Aug▲1▼2
Sep▲1▼2
Oct▲2▼2
Nov▲2▼1
Dec▲3▼2
Best
Jan+4.8%2021
Feb+118.9%2024
Mar+38.7%2025
Apr+40.5%2026
May+153.5%2023
Jun+65.9%2023
Jul+17.4%2025
Aug+1.0%2024
Sep+58.2%2025
Oct+50.0%2025
Nov+184.9%2024
Dec+178.1%2024
Worst
Jan-29.3%2025
Feb-44.4%2023
Mar-23.2%2026
Apr-32.8%2024
May-1.5%2024
Jun-20.4%2026
Jul-12.3%2024
Aug-44.8%2023
Sep-16.8%2023
Oct-63.0%2022
Nov-38.8%2025
Dec-38.5%2022
−63.0%+184.9%
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