D-Wave Quantum Inc. (QBTS) Return on equity 2020–2025
D-Wave Quantum Inc. (QBTS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-41.7%FY2025 · since FY2020: -105.7% → -41.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -41.7% | +188.0 pp |
| FY2024 | -229.7% | — |
| FY2020 | -105.7% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
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