D-WAVE QUANTUM INC. (QBTS) Gross margin 2020–2025
D-WAVE QUANTUM INC. (QBTS) gross margin by fiscal year — reported gross profit divided by reported revenue.
82.6%FY2025 · since FY2020: 82.3% → 82.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 82.6% | +19.6 pp |
| FY2024 | 63.0% | +10.2 pp |
| FY2023 | 52.8% | -6.5 pp |
| FY2022 | 59.2% | -12.9 pp |
| FY2021 | 72.1% | -10.1 pp |
| FY2020 | 82.3% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice