D-Wave Quantum Inc. (QBTS) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for D-Wave Quantum Inc., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | -23.66x | -11.22x | -1.47x | -3.21x | -30.04x | -52.01x |
| P/B Ratio | 9.86x | 25.76x | -4.96x | -5.85x | -67.06x | 34.91x |
| P/S Ratio | 341.62x | 182.83x | 13.87x | 24.02x | 196.03x | 221.40x |
| Profitability | ||||||
| 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 | -1444.1% | -1630.0% | -944.5% | -748.7% | -652.5% | -425.7% |
| EBITDA Margin | -1418.4% | -1564.0% | -923.0% | -683.6% | -547.2% | -272.5% |
| Liquidity | ||||||
| Current Ratio | 42.38x | 6.14x | 4.18x | 0.87x | 1.53x | 3.45x |
| Quick Ratio | 42.25x | 6.08x | 4.00x | 0.73x | 1.33x | 3.24x |
| Leverage | ||||||
| Debt/Equity | 0.01x | 0.61x | -2.97x | -1.44x | -2.15x | 0.14x |
YoY = year-over-year change. Source: FMP..