D-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

10.69 1.64 +18.12%
Market cap
$3.4B
P/E
0.0×
Fwd P/E
−26.3×
Dividend yield
—
F-score
5/9
Altman Z
78.57
Beneish M
−2.93
Dividend safety
n/a

D-Wave Quantum Inc. (QBTS) Return on assets

Alert me on Return on assets

D-Wave Quantum Inc.'s return on assets over the twelve months to 30 June 2026 was −24.8%, up 38.8 percentage points from fiscal 2025 (−63.7%). Over the past ten years it has ranged from −191.7% (fiscal 2023) to −14.6% (fiscal 2020); the current reading is higher than 67% of that period. That is below the Computer Hardware industry median of 0.00% and below the Technology sector median of 0.00%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 −63.7% 47.36
FY2024 −111.0% 80.68
FY2023 −191.7% (1.31)
FY2022 −190.4% (165.62)
FY2021 −24.8% (10.19)
FY2020 −14.6% —

Against its own ten years

Low −191.7% High −14.6%
Ten-year median −87.3%
Current reading's percentile 67

Return on assets against peers

Company Return on assets
LOGI Logitech International S.A. compare 21.3%
CRCT Cricut, Inc. compare 15.6%
IONQ IonQ, Inc. compare 4.19%
IQMX IQM Quantum Computers Oyj compare 0.00%
QUBT Quantum Computing Inc. compare 0.00%
CRSR Corsair Gaming, Inc. compare 0.00%
QBTS D-Wave Quantum Inc. −24.8%
RGTI Rigetti Computing, Inc. compare −37.2%
ADIG ADI Global Distribution Inc compare —
Computer Hardware industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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