D-Wave Quantum Financial Ratios
NASDAQ: QBTSTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
D-Wave Quantum ratio analysis
D-Wave Quantum earned a net margin of -1444.1% in FY 2025, up from -1630.0% a year earlier. Gross margin was 82.6% compared with a median of 63.0% over the prior 5 years. Return on equity reached -41.7%, meaning D-Wave Quantum generated -0.42 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.04 versus 0.48 the year before, and the current ratio was 42.38. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
D-Wave Quantum financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Price / sales | 367.49 | 198.94 | 13.87 | 24.02 | 196.03 | 256.54 |
| Price / book | 10.60 | 28.03 | — | — | — | 63.70 |
| Gross margin | 82.6% | 63.0% | 52.8% | 59.2% | 72.1% | 82.3% |
| Operating margin | -408.2% | -874.8% | -919.7% | -828.9% | -620.3% | -609.8% |
| Net margin | -1,444.1% | -1,630.0% | -944.5% | -748.7% | -652.5% | -425.7% |
| Free cash flow margin | -308.5% | -507.0% | -699.2% | -636.4% | -582.5% | -581.8% |
| Return on equity (ROE) | -41.7% | -229.7% | — | — | — | -105.7% |
| Return on assets (ROA) | -38.8% | -72.0% | -139.4% | -199.3% | -139.0% | -61.4% |
| Debt / equity | 0.04 | 0.48 | — | — | — | 0.08 |
| Current ratio | 42.38 | 6.14 | 4.18 | 0.87 | 1.53 | 2.47 |
| Revenue growth | 178.5% | 0.8% | 22.1% | 14.2% | 21.7% | — |