Company / Gross Margin
D-Wave Quantum Inc. Gross Margin History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
82.6%
FY2025
5-year range
52.8% / 82.6%
FY2021-FY2025
Trend
+31.1%
vs FY2024
Sector context
#12 of 225
Information Technology
What the data says
Among 225 Information Technology companies, D-Wave Quantum Inc. is in the top 5% for gross margin. Improved from 52.8% to 82.6% over the past 2 years.
Based on SEC 10-K filings.
82.6% in FY2025 with a 5-year CAGR of +0.3%. Top quartile in the Information Technology sector.
Improved from 52.8% to 82.6% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +23.3pp
- 5-Year Change
- +0.3pp
- 10-Year Change
- -
Sector benchmark
Top 5% in Information TechnologyTop 5% of 225This company 82.6% Sector average 53.6%
▼
+54.1% above sector average
Key checks
Key Insights
- In FY2025, gross margin increased 31.1% year-over-year.
- Currently 29.0pp above the Information Technology sector average.
- Lowest gross margin in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score 5.09 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 82.6% | +31.1% |
| FY2024 | 63.0% | +19.4% |
| FY2023 | 52.8% | -10.9% |
| FY2022 | 59.3% | -17.9% |
| FY2021 | 72.1% | -12.3% |
| FY2020 | 82.3% | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026