The historical rank and industry rank for D-Wave Quantum's OCF Margin % or its related term are showing as below:
QBTS'
s OCF Margin % Range Over the Past 10 Years
Min: -692.5 Med: -560.91 Max: -292.76
Current: -784.82
During the past 6 years, the highest OCF Margin % of D-Wave Quantum was -292.76%. The lowest was -692.50%. And the median was -560.91%.
QBTS's OCF Margin % is ranked worse than 98.99% of 2472
companies
in the Hardware industry
Industry Median: 5.27
vs QBTS: -784.82
D-Wave Quantum OCF Margin % Related Terms
D-Wave Quantum OCF Margin % Historical Data
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The historical data trend for D-Wave Quantum's OCF Margin % 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.
For the Computer Hardware subindustry, D-Wave Quantum's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
D-Wave Quantum OCF Margin % vs Hardware Industry
For the Hardware industry and Technology sector, D-Wave Quantum's OCF Margin % distribution charts can be found below:
* The bar in red indicates where D-Wave Quantum's OCF Margin % falls into.
* 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 (QBTS) has a OCF Margin % of -1,573.13% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on D-Wave Quantum and its competitors. According to the industry distribution chart, D-Wave Quantum ranks #2447 out of 2472 companies in the Hardware industry, placing it in the top 99%.
Is D-Wave Quantum's OCF Margin % too high?
D-Wave Quantum's current OCF Margin % is -1,573.13%. Based on the distribution chart, D-Wave Quantum ranks #2447 out of 2472 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, D-Wave Quantum has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-Wave Quantum's OCF Margin % compare to RGTI and QUBT?
According to the Hardware industry distribution chart, D-Wave Quantum ranks #2447 out of 2472 companies for OCF Margin %. This places D-Wave Quantum in the lower half of its industry. The industry median OCF Margin % is 5.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Hardware company?
The median OCF Margin % among Hardware companies is 5.27, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on D-Wave Quantum and its competitors. For the Hardware industry, the median OCF Margin % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D-Wave Quantum's current OCF Margin % is -1,573.13%. 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 (QBTS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.45, compared to a current price of $22.76 — trading 829% above its estimated fair value. The current OCF Margin % is -1,573.13%. D-Wave Quantum's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For D-Wave Quantum (QBTS), the current OCF Margin % is -1,573.13% as of Mar. 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 (QBTS) Overvalued in 2026?
Based on GuruFocus' analysis, D-Wave Quantum stock appears to be overvalued.
The current stock price of $22.76 is trading 829% above its estimated GF Value™ of $2.45.
GuruFocus considers D-Wave Quantum to be Significantly Overvalued.
Key valuation signals for QBTS:
OCF Margin %: -1,573.13%
GF Value™: $2.45 vs. price of $22.76 (829% above fair value)
No single metric tells the full story. See the QBTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
64GF Score
Get the complete analysis for QBTS
OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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