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QuantumScape Corporation Class A Common Stock (QS) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

CONSUMER CYCLICAL · AUTO PARTS · DATA UPDATED 2026-08-28

QuantumScape Corporation Class A Common Stock (QS) operates in the AUTO PARTS industry and is headquartered in San Jose, United States with about 700 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, QS reported $0M in revenue and ($435M) in net income.

QuantumScape Corporation, together with its subsidiaries, develops solid-state lithium-metal battery technology for electric vehicles and other applications in the United States. The company was founded in 2010 and is headquartered in San Jose, California.

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QS Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Revenue($7M)$0M$0M$0M$0M$0M$0M$0M
Gross Profit($58M)($73M)($58M)($42M)($36M)($15M)($8M)($7M)
Gross Margin %807.1%
Operating Income (EBIT)($441M)($473M)($512M)($458M)($421M)($215M)($81M)($56M)($45M)
Operating Margin %6164.3%
Net Income($405M)($435M)($478M)($445M)($412M)($46M)($1.7B)($51M)($44M)
Net Margin %5663.9%
EBITDA($353M)($358M)($418M)($401M)($373M)($30M)($1.7B)($45M)($37M)
Earnings Per Share (EPS)$-0.68$-0.76$-0.94$-0.96$-0.95$-0.11$-6.67$-0.21$-3.97
Shares Outstanding (M)614M576M508M462M433M410M252M11M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

QS Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$30M$0M$0M($37M)$37M$0M$80M$0M
Gross Profit($13M)($15M)($15M)($14M)($19M)($18M)($18M)($15M)
Gross Margin %-45.4%38.6%-53.1%-22.6%
Operating Income (EBIT)($106M)($109M)($110M)($115M)($124M)($124M)($129M)($130M)
Operating Margin %-359.5%313.6%-337.0%-161.7%
Net Income($98M)($101M)($100M)($106M)($115M)($114M)($115M)($120M)
Net Margin %-332.8%288.6%-312.8%-144.1%
EBITDA($93M)($86M)($84M)($91M)($95M)($96M)($96M)($104M)
Earnings Per Share (EPS)$-0.16$-0.16$-0.17$-0.19$-0.20$-0.21$-0.23$-0.23
Shares Outstanding (M)614M611M605M566M562M548M508M509M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

QS Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Cash from Operations (CFO)($236M)($242M)($275M)($240M)($218M)($128M)($61M)($42M)($36M)
Capital Expenditures (CapEx)$37M$36M$62M$85M$159M$127M$24M$10M$7M
Free Cash Flow (FCF)($273M)($279M)($337M)($325M)($377M)($255M)($85M)($52M)($43M)
FCF Margin %3816.4%
Dividends Paid$94M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

QS Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($57M)($60M)($56M)($64M)($62M)($61M)($59M)($93M)
Capital Expenditures (CapEx)$5M$10M$12M$10M$8M$6M$11M$18M
Free Cash Flow (FCF)($61M)($69M)($68M)($74M)($70M)($67M)($70M)($111M)
FCF Margin %-207.9%200.7%-191.3%-87.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

QS Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Assets$1.2B$1.3B$1.3B$1.5B$1.5B$1.7B$1.1B$172M$211M
Cash & Cash Equivalents$133M$231M$141M$143M$235M$321M$113M$23M$31M
Total Liabilities$121M$139M$165M$162M$156M$107M$713M$22M$17M
Total Debt (Short + Long-Term)$9M$8M$9M$8M$5M$1M$1M$2M$0M
Total Shareholders' Equity$1.0B$1.2B$1.2B$1.3B$1.3B$1.6B$352M$149M$193M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive QS viewer.

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