D-Wave Quantum Inc. (BIT:1QBTS)

D-Wave Quantum Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 19, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	5,294	8,098	1,933	122	145	24
Market Cap Growth	249.85%	318.91%	1479.31%	-15.30%	505.07%	-2.43%
Enterprise Value	4,564	7,371	1,811	148.28	173.6	212.16
PE Ratio	-	-23.56	-11.20	-1.47	-3.20	-29.76
PS Ratio	252.81	381.55	253.70	16.19	23.34	4.41
PB Ratio	7.29	11.01	35.75	-5.79	-5.68	-1.51
P/TBV Ratio	5.38	9.86	25.76	-4.96	-5.85	-67.06
P/FCF Ratio	-	-123.69	-50.04	-2.32	-3.67	-0.76
P/OCF Ratio	-	-130.33	-52.52	-2.34	-3.70	-0.80
EV/Sales Ratio	213.89	347.28	237.71	19.61	28.04	39.14
EV/EBITDA Ratio	-	-86.42	-27.57	-2.16	-3.47	-6.57
EV/EBIT Ratio	-	-85.07	-27.17	-2.13	-3.38	-6.31
EV/FCF Ratio	-70.66	-112.58	-46.89	-2.81	-4.41	-6.72
Debt / Equity Ratio	0.05	0.05	0.59	-2.91	-1.38	-2.05
Debt / EBITDA Ratio	-0.44	-0.44	-0.50	-0.91	-0.73	-1.05
Debt / FCF Ratio	-0.57	-0.57	-0.86	-1.19	-0.93	-1.08
Net Debt / Equity Ratio	-0.99	-0.99	-2.23	-1.28	-1.19	-1.63
Net Debt / EBITDA Ratio	8.51	8.51	1.83	-0.39	-0.61	-0.80
Net Debt / FCF Ratio	11.09	11.09	3.12	-0.51	-0.77	-0.82
Asset Turnover	0.04	0.04	0.07	0.20	0.25	0.16
Inventory Turnover	1.92	1.92	1.73	1.94	1.36	0.76
Quick Ratio	41.90	41.90	5.95	3.82	0.50	1.10
Current Ratio	42.38	42.38	6.14	4.18	0.87	1.53
Return on Equity (ROE)	-80.93%	-82.89%	-763.09%	314.71%	224.61%	-570.14%
Return on Assets (ROA)	-17.99%	-17.99%	-59.58%	-186.66%	-210.79%	-101.26%
Return on Invested Capital (ROIC)	-748.51%	-748.51%	-656.80%	-778.97%	-501.31%	-222.25%
Return on Capital Employed (ROCE)	-18.86%	-18.86%	-70.91%	-272.98%	-397.35%	-142.90%
Earnings Yield	-5.71%	-4.24%	-8.93%	-68.17%	-31.25%	-3.36%
FCF Yield	-1.22%	-0.81%	-2.00%	-43.18%	-27.27%	-132.19%
Buyback Yield / Dilution	-8.31%	-8.31%	-9.50%	-46.30%	-26.18%	-0.31%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.