D-Wave Quantum annual operating margin
2020
2021
2022
2023
2024
2025
D-Wave Quantum Operating Margin Growth & History (QBTS)
D-Wave Quantum's operating margin was −408.22% for fiscal 2025.
View full D-Wave Quantum company overviewD-Wave Quantum annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −408.22% | +466.63 pp |
| 2024 | 2024-12-31 | −874.85% | +44.83 pp |
| 2023 | 2023-12-31 | −919.68% | −90.77 pp |
| 2022 | 2022-12-31 | −828.91% | −208.62 pp |
| 2021 | 2021-12-31 | −620.29% | −10.46 pp |
| 2020 | 2020-12-31 | −609.83% | — |
D-Wave Quantum quarterly operating margin
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −1,732.05% | −875.77 pp |
| Q1 2026 | 2026-03-31 | −1,914.87% | −1839.60 pp |
| Q4 2025 | 2025-12-31 | −1,265.95% | −389.73 pp |
| Q3 2025 | 2025-09-30 | −741.80% | +361.73 pp |
| Q2 2025 | 2025-06-30 | −856.28% | +6.70 pp |
| Q1 2025 | 2025-03-31 | −75.27% | +635.32 pp |
| Q4 2024 | 2024-12-31 | −876.22% | −306.99 pp |
| Q3 2024 | 2024-09-30 | −1,103.53% | −385.07 pp |
| Q2 2024 | 2024-06-30 | −862.99% | +361.79 pp |
| Q1 2024 | 2024-03-31 | −710.59% | +849.11 pp |
| Q4 2023 | 2023-12-31 | −569.24% | +305.45 pp |
| Q3 2023 | 2023-09-30 | −718.46% | +176.17 pp |
| Q2 2023 | 2023-06-30 | −1,224.78% | −320.11 pp |
| Q1 2023 | 2023-03-31 | −1,559.70% | −920.41 pp |
| Q4 2022 | 2022-12-31 | −874.69% | −125.41 pp |
| Q3 2022 | 2022-09-30 | −894.63% | −73.52 pp |
| Q2 2022 | 2022-06-30 | −904.67% | — |
| Q1 2022 | 2022-03-31 | −639.29% | — |
| Q3 2021 | 2021-09-30 | −749.27% | — |
| Q2 2021 | 2021-06-30 | −821.11% | — |
D-Wave Quantum operating margin trends
Over the last five reported fiscal years, D-Wave Quantum's operating margin increased from −609.83% to −408.22%, a change of +201.61 percentage points. The latest reported quarter, Q2 2026, shows −1,732.05%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review D-Wave Quantum filings at SEC.gov ↗