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Annual data and sources

D-Wave Quantum Inc. (QBTS) · NYSE · USD · Sector unavailable · CIK 0001907982

Annual coverage: 2020-12-31–2025-12-31 (6 periods). Financial snapshot built 2026-10-09.

QBTS annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for D-Wave Quantum Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-1.11-1.11-0.24UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2024
2024-12-31
-0.75-0.75-0.23UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2023
2023-12-31
-0.60-0.60-0.44UnavailableUnavailableBasic EPS (2025-03-14)
Diluted EPS (2025-03-14)
Operating cash flow (2025-03-14) · Capex (2025-03-14)
2022
2022-12-31
-0.45-0.45-0.38UnavailableUnavailableBasic EPS (2024-03-29)
Diluted EPS (2024-03-29)
Operating cash flow (2024-03-29) · Capex (2024-03-29)
2021
2021-12-31
-0.33-0.33-0.29UnavailableUnavailableBasic EPS (2024-03-18)
Diluted EPS (2024-03-18)
Operating cash flow (2024-03-18) · Capex (2024-03-18)
2020
2020-12-31
-0.17-0.17-0.24UnavailableUnavailableBasic EPS (2024-03-18)
Diluted EPS (2024-03-18)
Operating cash flow (2024-03-18) · Capex (2024-03-18)

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-310.08Unavailable
Inputs & filings

revenue: 24587000; averageDilutedShares: 321202025; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 358741605

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2026-02-26)
2024-12-310.05Unavailable
Inputs & filings

revenue: 8827000; averageDilutedShares: 192129049; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 266595867

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2026-02-26)
2023-12-310.06Unavailable
Inputs & filings

revenue: 8758000; averageDilutedShares: 137993736; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 161113744

revenue (2025-03-14)
averageDilutedShares (2025-03-14)
periodEndShares (2025-03-14)
2022-12-310.06Unavailable
Inputs & filings

revenue: 7173000; averageDilutedShares: 119647777; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 113335530

revenue (2024-03-29)
averageDilutedShares (2024-03-29)
periodEndShares (2024-03-29)
2021-12-310.05Unavailable
Inputs & filings

revenue: 6279000; averageDilutedShares: 125342746; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 2817498

revenue (2024-03-18)
averageDilutedShares (2024-03-18)
periodEndShares (2024-03-18)
2020-12-310.04Unavailable
Inputs & filings

revenue: 5160000; averageDilutedShares: 127161731; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2024-03-18)
averageDilutedShares (2024-03-18)

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-31-308.47Unavailable-18.86
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-75844000,"capex":{"accession":"0001907982-26-000026","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001907982-26-000026","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":24587000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"netIncome":{"value":-355062000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"operatingIncome":{"value":-100368000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"openingAssets":{"value":199853000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"openingCurrentLiabilities":{"value":30145000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"openingCapitalEmployed":{"value":169708000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":62646000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"openingTotalEquity":{"value":62646000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":137207000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"openingCash":{"value":177980000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":915813000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingCurrentLiabilities":{"value":21148000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingCapitalEmployed":{"value":894665000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":852230000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingTotalEquity":{"value":852230000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":63583000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingCash":{"value":635347000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-355062000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"pretaxIncome":{"value":-355062000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":532186500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -308.47195672509866; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -18.85955393456993

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2026-02-26) · roce component 3 (2026-02-26) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26)
2024-12-31-506.96Unavailable-70.91
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-44749000,"capex":{"accession":"0001907982-26-000026","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001907982-26-000026","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":8827000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"netIncome":{"value":-143879000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"operatingIncome":{"value":-77223000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"openingAssets":{"value":59356000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"openingCurrentLiabilities":{"value":11250000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"openingCapitalEmployed":{"value":48106000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-24481000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":83837000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"openingCash":{"value":41307000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":199853000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingCurrentLiabilities":{"value":30145000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingCapitalEmployed":{"value":169708000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":62646000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingTotalEquity":{"value":62646000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":137207000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingCash":{"value":177980000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-143879000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"incomeTaxExpense":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"pretaxIncome":{"value":-143879000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":108907000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -506.9559306672709; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -70.9072878694666

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2025-03-14) · roce component 3 (2025-03-14) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26)
2023-12-31-699.16Unavailable-272.98
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-61232000,"capex":{"accession":"0001907982-25-000060","end":"2023-12-31","filed":"2025-03-14","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001907982-25-000060","end":"2023-12-31","filed":"2025-03-14","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":8758000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"netIncome":{"value":-82715000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"operatingIncome":{"value":-80546000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"openingAssets":{"value":26947000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"openingCurrentLiabilities":{"value":16040000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"openingCapitalEmployed":{"value":10907000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-29463000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":56410000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":59356000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"closingCurrentLiabilities":{"value":11250000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"closingCapitalEmployed":{"value":48106000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-24481000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001907982-26-000026","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":83837000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"closingCash":{"value":41307000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-82715000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"incomeTaxExpense":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"pretaxIncome":{"value":-82715000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":29506500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -699.1550582324732; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -272.97714063003065

fcfMargin component 1 (2025-03-14) · fcfMargin component 2 (2025-03-14) · fcfMargin component 3 (2025-03-14)
cashConversion component 1 (2025-03-14) · cashConversion component 2 (2025-03-14) · cashConversion component 3 (2025-03-14)
roce component 1 (2025-03-14) · roce component 2 (2024-03-29) · roce component 3 (2024-03-29) · roce component 4 (2025-03-14) · roce component 5 (2025-03-14)
2022-12-31-636.40Unavailable-397.35
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-45649000,"capex":{"accession":"0001907982-24-000049","end":"2022-12-31","filed":"2024-03-29","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001907982-24-000049","end":"2022-12-31","filed":"2024-03-29","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":7173000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"netIncome":{"value":-53702000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"operatingIncome":{"value":-59458000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"openingAssets":{"value":29468000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingCurrentLiabilities":{"value":10448000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingCapitalEmployed":{"value":19020000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-18356000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":47824000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":122564333,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":26947000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"closingCurrentLiabilities":{"value":16040000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"closingCapitalEmployed":{"value":10907000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-29463000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-03-14","accession":"0001907982-25-000060","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":56410000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"closingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-53702000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"incomeTaxExpense":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"pretaxIncome":{"value":-53702000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":14963500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -636.4003903527116; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -397.35356033013665

fcfMargin component 1 (2024-03-29) · fcfMargin component 2 (2024-03-29) · fcfMargin component 3 (2024-03-29)
cashConversion component 1 (2024-03-29) · cashConversion component 2 (2024-03-29) · cashConversion component 3 (2024-03-29)
roce component 1 (2024-03-29) · roce component 2 (2024-03-18) · roce component 3 (2024-03-18) · roce component 4 (2024-03-29) · roce component 5 (2024-03-29)
2021-12-31-582.48Unavailable-181.79
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-36574000,"capex":{"accession":"0001907982-24-000040","end":"2021-12-31","filed":"2024-03-18","form":"10-K/A","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001907982-24-000040","end":"2021-12-31","filed":"2024-03-18","form":"10-K/A","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":6279000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"netIncome":{"value":-40973000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"operatingIncome":{"value":-38948000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingAssets":{"value":35800000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingCurrentLiabilities":{"value":11971000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingCapitalEmployed":{"value":23829000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":20781000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingTotalEquity":{"value":20781000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":15019000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":29468000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"closingCurrentLiabilities":{"value":10448000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"closingCapitalEmployed":{"value":19020000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-18356000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-03-29","accession":"0001907982-24-000049","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":47824000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"closingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":122564333,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-40973000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"incomeTaxExpense":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"pretaxIncome":{"value":-40973000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":21424500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -582.481286829113; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -181.7918737893533

fcfMargin component 1 (2024-03-18) · fcfMargin component 2 (2024-03-18) · fcfMargin component 3 (2024-03-18)
cashConversion component 1 (2024-03-18) · cashConversion component 2 (2024-03-18) · cashConversion component 3 (2024-03-18)
roce component 1 (2024-03-18) · roce component 2 (2024-03-18) · roce component 3 (2024-03-18) · roce component 4 (2024-03-18) · roce component 5 (2024-03-18)
2020-12-31-581.84UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-30023000,"capex":{"accession":"0001907982-24-000040","end":"2020-12-31","filed":"2024-03-18","form":"10-K/A","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001907982-24-000040","end":"2020-12-31","filed":"2024-03-18","form":"10-K/A","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":5160000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"netIncome":{"value":-21967000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"operatingIncome":{"value":-31467000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31"},"openingParentEquity":{"value":-103868000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":35800000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"closingCurrentLiabilities":{"value":11971000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"closingCapitalEmployed":{"value":23829000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":20781000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"closingTotalEquity":{"value":20781000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":15019000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"closingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-21967000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"incomeTaxExpense":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"pretaxIncome":{"value":-21967000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2024-03-18","accession":"0001907982-24-000040","form":"10-K/A"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -581.8410852713179; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31

fcfMargin component 1 (2024-03-18) · fcfMargin component 2 (2024-03-18) · fcfMargin component 3 (2024-03-18)
cashConversion component 1 (2024-03-18) · cashConversion component 2 (2024-03-18) · cashConversion component 3 (2024-03-18)
roce component 1 (2024-03-18) · roce component 2 (2024-03-18) · roce component 3 (2024-03-18)

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-3124,587,000.00-408.22-1,444.10
Inputs & filings

revenue: 24587000; operatingIncome: -100368000; netIncome: -355062000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2024-12-318,827,000.00-874.85-1,629.99
Inputs & filings

revenue: 8827000; operatingIncome: -77223000; netIncome: -143879000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2023-12-318,758,000.00-919.68-944.45
Inputs & filings

revenue: 8758000; operatingIncome: -80546000; netIncome: -82715000

revenue (2025-03-14)
operatingIncome (2025-03-14)
netIncome (2025-03-14)
2022-12-317,173,000.00-828.91-748.67
Inputs & filings

revenue: 7173000; operatingIncome: -59458000; netIncome: -53702000

revenue (2024-03-29)
operatingIncome (2024-03-29)
netIncome (2024-03-29)
2021-12-316,279,000.00-620.29-652.54
Inputs & filings

revenue: 6279000; operatingIncome: -38948000; netIncome: -40973000

revenue (2024-03-18)
operatingIncome (2024-03-18)
netIncome (2024-03-18)
2020-12-315,160,000.00-609.83-425.72
Inputs & filings

revenue: 5160000; operatingIncome: -31467000; netIncome: -21967000

revenue (2024-03-18)
operatingIncome (2024-03-18)
netIncome (2024-03-18)

D-Wave Quantum Inc. (QBTS) P/E ratio history

The interactive P/E chart contains all 218 stored weekly price points (2022-08-12–2026-10-08); 0 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

No positive annual EPS with an eligible fiscal-year-end price is available in this snapshot.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (6 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-312025-12-2625.29Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2024-12-312024-12-279.91Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2023-12-312023-12-290.88Adjusted closeUnavailableUnavailableBasic EPS (2025-03-14) Diluted EPS (2025-03-14)
2022-12-312022-12-301.44Adjusted closeUnavailableUnavailableBasic EPS (2024-03-29) Diluted EPS (2024-03-29)
2021-12-31UnavailableUnavailableUnavailableUnavailableUnavailableBasic EPS (2024-03-18) Diluted EPS (2024-03-18)
2020-12-31UnavailableUnavailableUnavailableUnavailableUnavailableBasic EPS (2024-03-18) Diluted EPS (2024-03-18)

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