D-Wave Quantum (XSWX:QBTS) YoY EBITDA Growth: 79.46% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:QBTS D-Wave Quantum Inc XSWX:QBTS
40 GF Score
Price CHF17.00
GF Value CHF6.33
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is D-Wave Quantum YoY EBITDA Growth?

D-Wave Quantum XSWX:QBTS 40 YoY EBITDA Growth is 79.46% as of Jun. 2026. GuruFocus rates XSWX:QBTS with a GF Score™ of 40/100 and a GF Value™ of CHF6.33 (Significantly Overvalued). The stock has 6 warning signs investors should review.

YoY EBITDA Growth is the percentage change of EBITDA per Share over the past twelve months. D-Wave Quantum's YoY EBITDA Growth for the quarter that ended in Jun. 2026 was 79.46%.

D-Wave Quantum's EBITDA per Share for the three months ended in Jun. 2026 was CHF-0.09.

D-Wave Quantum YoY EBITDA Growth Historical Data

* Premium members only.

The historical data trend for D-Wave Quantum's YoY EBITDA Growth can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

D-Wave Quantum YoY EBITDA Growth Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
YoY EBITDA Growth
Get a 7-Day Free Trial -152.63 -32.64 -32.72 -26.43 -34.95

D-Wave Quantum Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
YoY EBITDA Growth Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -433.33 -264.04 73.54 -550.00 79.46
XSWX:QBTS
40GF Score
D-Wave Quantum Inc XSWX:QBTS
YoY EBITDA Growth is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D-Wave Quantum YoY EBITDA Growth Calculation

YoY EBITDA Growth is the percentage change of EBITDA per Share over the past twelve months.

D-Wave Quantum's YoY EBITDA Growth for the fiscal year that ended in Dec. 2025 is calculated as:

YoY EBITDA Growth (A: Dec. 2025 )
=(EBITDA per Share (A: Dec. 2025 )-EBITDA per Share (A: Dec. 2024 ))/ | EBITDA per Share (A: Dec. 2024 ) |
=(-0.865--0.641)/ | -0.641 |
=-34.95 %

D-Wave Quantum's YoY EBITDA Growth for the quarter that ended in Jun. 2026 is calculated as:

YoY EBITDA Growth (Q: Jun. 2026 )
=(EBITDA per Share (Q: Jun. 2026 )-EBITDA per Share (Q: Jun. 2025 )) / | EBITDA per Share (Q: Jun. 2025 )) |
=(-0.092--0.448)/ | -0.448 |
=79.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about YoY EBITDA Growth →
What does a YoY EBITDA Growth of 79.46% mean?
D-Wave Quantum (XSWX:QBTS) has a YoY EBITDA Growth of 79.46% as of Jun. 2026. YoY EBITDA Growth is the percentage change of EBITDA per share over the past 12-month. View historical data for D-Wave Quantum and its competitors.
Is D-Wave Quantum's YoY EBITDA Growth too high?
D-Wave Quantum's current YoY EBITDA Growth is 79.46%. Overall, D-Wave Quantum has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-Wave Quantum's YoY EBITDA Growth compare to RGTI and QUBT?
D-Wave Quantum's YoY EBITDA Growth of 79.46% can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good YoY EBITDA Growth for a Hardware company?
A good YoY EBITDA Growth depends on the Hardware industry context. However, YoY EBITDA Growth should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high YoY EBITDA Growth mean?
A high YoY EBITDA Growth can signal that a stock is expensive relative to its fundamentals. YoY EBITDA Growth is the percentage change of EBITDA per share over the past 12-month. View historical data for D-Wave Quantum and its competitors. D-Wave Quantum's current YoY EBITDA Growth is 79.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-Wave Quantum stock overvalued right now?
Based on GuruFocus' analysis, D-Wave Quantum (XSWX:QBTS) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF6.33, compared to a current price of CHF17.00 — trading 168.6% above its estimated fair value. The current YoY EBITDA Growth is 79.46%. D-Wave Quantum's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is YoY EBITDA Growth calculated?
YoY EBITDA Growth is calculated from a company's financial statements. For D-Wave Quantum (XSWX:QBTS), the current YoY EBITDA Growth is 79.46% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is D-Wave Quantum (XSWX:QBTS) Overvalued in 2026?

Based on GuruFocus' analysis, D-Wave Quantum stock appears to be overvalued. The current stock price of CHF17.00 is trading 168.6% above its estimated GF Value™ of CHF6.33. GuruFocus considers D-Wave Quantum to be Significantly Overvalued.

Key valuation signals for XSWX:QBTS:

  • YoY EBITDA Growth: 79.46%
  • GF Value™: CHF6.33 vs. price of CHF17.00 (168.6% above fair value)
  • GF Score™: 40/100 with 6 warning signs

No single metric tells the full story. See the XSWX:QBTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

D-Wave Quantum Business Description

Address 2650 East Bayshore Road, Palo Alto, CA, USA, 94303
D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.
40GF Score

Get the complete analysis for XSWX:QBTS

YoY EBITDA Growth is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF17.00
Price
CHF6.33
GF Value