stockrowD-Wave Quantum Inc.
QBTS Technology Computer Hardware
D-Wave Quantum Inc.’s revenue for fiscal 2025 (year ended December 2025) was $24.6 million, up 178.5% from fiscal 2024.
- Revenue
- −0.61%
- EPS
- +76.4%
- Free cash flow
- −105.8%
- Total debt
- +9.27%
Quarter to June 2026, against a year earlier
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D-Wave Quantum Inc. (QBTS) EBITDA
D-Wave Quantum Inc.'s EBITDA for fiscal 2025 was −$98.1M, compared with −$75.3M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$160.1M. Over the past ten years it has ranged from −$98.1M (fiscal 2025) to −$28.7M (fiscal 2020) — the current reading is the lowest in ten years. D-Wave Quantum Inc. ranks 37th of 38 Computer Hardware companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | −$98.1M | — |
| FY2024 | −$75.3M | — |
| FY2023 | −$78.7M | — |
| FY2022 | −$57.3M | — |
| FY2021 | −$36.3M | — |
| FY2020 | −$28.7M | — |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | −$48.2M | — |
| Mar 2026 | −$50.6M | — |
| Dec 2025 | −$34.2M | — |
| Sep 2025 | −$27.2M | — |
| 21 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| LOGI Logitech International S.A. compare | $954.7M |
| CRCT Cricut, Inc. compare | $142.6M |
| CRSR Corsair Gaming, Inc. compare | $96.3M |
| IQMX IQM Quantum Computers Oyj compare | −$569.5K |
| QUBT Quantum Computing Inc. compare | −$35.3M |
| RGTI Rigetti Computing, Inc. compare | −$95.9M |
| QBTS D-Wave Quantum Inc. | −$160.1M |
| IONQ IonQ, Inc. compare | −$860.5M |
| ADIG ADI Global Distribution Inc compare | — |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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