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QuantumScape (QS) is a Consumer Discretionary company in the Russell 1000. Latest news and coverage below.
QuantumScape net income history (FY2019–FY2025)
| FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Operating income | −$55.8M | −$81.0M | −$215.3M | −$420.6M | −$479.0M | −$525.2M | −$472.6M |
| Net income | −$51.3M | −$1.68B | −$46.0M | −$411.9M | −$445.1M | −$477.9M | −$435.1M |
| EPS (diluted) | −$0.21 | −$6.67 | −$0.52 | −$0.95 | −$0.96 | −$0.94 | −$0.76 |
| Balance sheet | |||||||
| Cash and equivalents | $22.8M | $113.2M | $320.7M | $235.4M | $142.5M | $140.9M | $230.5M |
| Total assets | $172.4M | $1.07B | $1.72B | $1.48B | $1.50B | $1.32B | $1.31B |
| Total liabilities | $22.0M | $713.3M | $107.1M | $155.9M | $161.8M | $164.5M | $139.2M |
| Shareholders' equity | $148.7M | $351.8M | $1.61B | $1.32B | $1.34B | $1.16B | $1.17B |
| Cash flow | |||||||
| Operating cash flow | −$41.7M | −$61.3M | −$127.9M | −$218.0M | −$240.0M | −$274.6M | −$242.5M |
| Capital expenditure | $9.85M | $24.1M | $127.2M | $158.8M | $84.6M | $62.2M | $36.3M |
| Free cash flow | −$51.6M | −$85.4M | −$255.1M | −$376.9M | −$324.6M | −$336.8M | −$278.8M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Operating income | −$130.2M | −$128.7M | −$123.6M | −$123.6M | −$115.0M | −$110.5M | −$109.2M | −$106.1M |
| Net income | −$119.6M | −$114.7M | −$114.4M | −$114.7M | −$105.8M | −$100.1M | −$100.8M | −$98.2M |
| EPS (diluted) | −$0.23 | −$0.22 | −$0.21 | −$0.20 | −$0.18 | −$0.17 | −$0.16 | −$0.16 |
| Balance sheet | ||||||||
| Cash and equivalents | $174.7M | $140.9M | $153.6M | $172.5M | $225.8M | $230.5M | $145.1M | $132.9M |
| Total assets | $1.27B | $1.32B | $1.26B | $1.17B | $1.34B | $1.31B | $1.23B | $1.17B |
| Total liabilities | $161.4M | $164.5M | $150.3M | $143.6M | $127.5M | $139.2M | $119.4M | $120.8M |
| Shareholders' equity | $1.11B | $1.16B | $1.11B | $1.02B | $1.22B | $1.17B | $1.11B | $1.05B |
| Cash flow | ||||||||
| Operating cash flow | −$92.8M | −$58.7M | −$60.7M | −$61.8M | −$63.7M | −$56.1M | −$59.5M | −$56.7M |
| Capital expenditure | $18.0M | $11.2M | $5.83M | $8.59M | $9.58M | $12.3M | $9.98M | $4.62M |
| Free cash flow | −$110.8M | −$69.8M | −$66.6M | −$70.4M | −$73.3M | −$68.4M | −$69.5M | −$61.4M |
From QuantumScape's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About QuantumScape
QuantumScape Corporation is an American company that researches and develops solid-state rechargeable lithium metal batteries for use in electric cars. It was founded in 2010 and is headquartered in San Jose, California, employs around 850 people. Major investors include Volkswagen Group and Bill Gates.
Source: Wikipedia — QuantumScape
- Headquarters
- San Jose, California From SEC filings, Oct 2026
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