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
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D-Wave Quantum Inc. (QBTS) Return on equity
D-Wave Quantum Inc.'s return on equity over the twelve months to 30 June 2026 was −28.0%, up 49.6 percentage points from fiscal 2025 (−77.6%). Over the past ten years it has ranged from −754.0% (fiscal 2024) to 306.7% (fiscal 2023); the current reading is higher than 33% 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 equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | −77.6% | 676.37 |
| FY2024 | −754.0% | (1,060.66) |
| FY2023 | 306.7% | 261.49 |
| FY2022 | 45.2% | 13.19 |
| FY2021 | 32.0% | 40.31 |
| FY2020 | −8.32% | — |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| LOGI Logitech International S.A. compare | 38.2% |
| CRCT Cricut, Inc. compare | 25.1% |
| IONQ IonQ, Inc. compare | 6.98% |
| IQMX IQM Quantum Computers Oyj compare | 0.00% |
| CRSR Corsair Gaming, Inc. compare | 0.00% |
| QBTS D-Wave Quantum Inc. | −28.0% |
| RGTI Rigetti Computing, Inc. compare | −43.8% |
| QUBT Quantum Computing Inc. compare | −48.2% |
| ADIG ADI Global Distribution Inc compare | — |
| Computer Hardware industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
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