QuantumScape Corporation (QS) income statement
NASDAQ · Consumer Cyclical · Auto - Parts · 700 employees · CEO Siva Sivaram
- Price
- $4.06 -3.33%
- Market cap
- $2.51B
- Enterprise value
- $2.5B
- Last report
- Q3 '26 filed 2026-10-23
- Next report
- 2027-02-10 EPS est. -$0.18
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue | $10.8M | $12M | $12.9M | $14.9M | $18M | $18.3M | $19.5M | $14.2M | $15.4M | $14.8M | $13.4M | $0 | |
| Gross profit | -$10.8M | -$12M | -$12.9M | -$14.9M | -$18M | -$18.3M | -$19.5M | -$14.2M | -$15.4M | -$14.8M | -$13.4M | $0 | |
| Research & development | $70.4M | $71.9M | $84.9M | $82.1M | $86.4M | $77.3M | $81.7M | $77.9M | $86.8M | $84.6M | $82.5M | $73.9M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22.9M | $0 | $24.6M | $23.6M | $18.5M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$14.8M | -$13.4M | $0 | |
| Operating expenses | $98.7M | $120M | $122M | $115M | $111M | $105M | $104M | $101M | $95.1M | $94.4M | $92.7M | $92.4M | |
| Operating income | -$109M | -$132M | -$134M | -$130M | -$129M | -$124M | -$124M | -$115M | -$110M | -$109M | -$106M | -$92.4M | |
| Interest income | $12.4M | $12.1M | $12M | $11.3M | $10.6M | $9.77M | $8.94M | $10M | $9.93M | $8.89M | $8.36M | $8.07M | |
| Interest expense | $582K | $572K | $562K | $550K | $540K | $528K | $516K | $503K | $492K | $478K | $466K | $451K | |
| Other non-operating income (gains on investments, FX ...) | $3.3M | -$11.8M | -$12.1M | -$11M | -$14.6M | -$9.68M | -$9.4M | -$9.67M | -$11.2M | -$8.87M | $191K | -$8.49M | |
| Total non-operating income | -$3.89M | $11.3M | $11.5M | $10.5M | $14M | $9.15M | $8.89M | $9.17M | $10.7M | $8.39M | $8.08M | $8.04M | |
| Income before tax | -$113M | -$121M | -$123M | -$120M | -$115M | -$114M | -$115M | -$106M | -$99.8M | -$101M | -$98M | -$84.4M | |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $350K | $7K | $193K | $95K | |
| Net income | -$113M | -$121M | -$123M | -$120M | -$115M | -$114M | -$115M | -$106M | -$100M | -$101M | -$98.2M | -$84.5M | |
| EPS (basic) | -$0.23 | -$0.24 | -$0.25 | -$0.23 | -$0.23 | -$0.21 | -$0.20 | -$0.18 | -$0.17 | -$0.16 | -$0.16 | -$0.14 | |
| EPS (diluted) | -$0.23 | -$0.24 | -$0.25 | -$0.23 | -$0.23 | -$0.21 | -$0.20 | -$0.18 | -$0.17 | -$0.16 | -$0.16 | -$0.14 | |
| Shares (basic, weighted) | 491M | 496M | 501M | 509M | 508M | 548M | 562M | 566M | 605M | 611M | 614M | 621M | |
| Shares (diluted, weighted) | 491M | 496M | 501M | 509M | 508M | 548M | 562M | 566M | 605M | 611M | 614M | 621M | |
| Depreciation & amortization | $12.7M | $14M | $14.9M | $17M | $20M | $18.3M | $21.5M | $15.9M | $15.4M | $14.8M | $13.4M | $12.7M | |
| EBITDA | -$100M | -$106M | -$108M | -$102M | -$94.1M | -$95.6M | -$92.6M | -$89.4M | -$83.9M | -$85.6M | -$92.9M | -$71.3M |
| Income statement | Trend | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue | $0 | $6.74M | $8.08M | $14.7M | $36.1M | $42M | $57.8M | $73.2M | |
| Gross profit | $0 | -$6.74M | -$8.08M | -$14.7M | -$36.1M | -$42M | -$57.8M | -$73.2M | |
| Research & development | $35.6M | $40.4M | $58.3M | $140M | $269M | $284M | $312M | $376M | |
| General & administrative | $9.27M | $0 | $0 | $0 | $0 | $0 | $0 | $97M | |
| Other operating expenses | $551K | $0 | $0 | $0 | $0 | $0 | $0 | -$73.2M | |
| Operating expenses | $45.5M | $49.1M | $72.9M | $201M | $384M | $416M | $454M | $399M | |
| Operating income | -$45.5M | -$55.8M | -$81M | -$215M | -$421M | -$458M | -$512M | -$473M | |
| Interest income | $607K | $3.61M | $1.09M | $1.88M | $10.9M | $36.5M | $46M | $38.6M | |
| Interest expense | $0 | $94K | $20.8M | $1.42M | $2.4M | $2.38M | $2.22M | $2.04M | |
| Other non-operating income (gains on investments, FX ...) | -$3M | -$4.56M | $0 | -$171M | -$11.1M | -$14.8M | -$36.1M | -$41.1M | |
| Total non-operating income | $1.31M | $4.56M | -$1.6B | $169M | $8.72M | $12.4M | $33.9M | $39.1M | |
| Income before tax | -$44.1M | -$51.3M | -$1.68B | -$46M | -$412M | -$445M | -$478M | -$434M | |
| Income tax | $5K | $0 | $0 | $0 | $0 | $0 | $0 | $1.54M | |
| Net income | -$44.1M | -$51.3M | -$1.68B | -$46M | -$412M | -$445M | -$478M | -$435M | |
| EPS (basic) | -$3.97 | -$0.21 | -$6.67 | -$0.12 | -$0.95 | -$0.96 | -$0.94 | -$0.76 | |
| EPS (diluted) | -$3.97 | -$0.21 | -$6.67 | -$0.52 | -$0.95 | -$0.96 | -$0.94 | -$0.76 | |
| Shares (basic, weighted) | 11.1M | 240M | 252M | 404M | 433M | 462M | 508M | 576M | |
| Shares (diluted, weighted) | 11.1M | 240M | 252M | 410M | 433M | 462M | 508M | 576M | |
| Depreciation & amortization | $5.68M | $5.86M | $8.08M | $14.7M | $36.1M | $49.7M | $65.8M | $73.2M | |
| EBITDA | -$36.8M | -$45.4M | -$1.65B | -$29.9M | -$373M | -$393M | -$410M | -$358M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02