QS · XBRL financial data

QuantumScape financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (QS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Research and development	65	151	297	348	383	376
General and administrative	16	64	123	131	142	97
Total operating expenses	81	215	421	479	525	473
Operating income (loss)	(81)	(215)	(421)	(479)	(525)	(473)
Interest income	1	2	11	36	46	39
Interest expense	21	1	2	2	2	2
Other income (expense)	(1,601)	169	9	(0)	3	3
Income tax expense (benefit)	0	0	0	0	0	2
Net income (loss)	(1,682)	(46)	(412)	(445)	(478)	(435)
Earnings per share, basic USD per share	(6.67)	(0.11)	(0.95)	(0.96)	(0.94)	(0.76)
Earnings per share, diluted USD per share	(6.67)	(0.52)	(0.95)	(0.96)	(0.94)	(0.76)
Weighted average shares, basic millions of shares	252	404	433	462	508	576
Weighted average shares, diluted millions of shares	252	410	433	462	508	576

Fiscal years (QS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	113	321	235	143	141	231
Marketable securities	884	1,127	826	928	770	740
Prepaid and other current assets	12	16	11	13	12	11
Total current assets	1,009	1,463	1,072	1,084	922	982
Property and equipment, net	44	166	296	313	300	251
Right-of-use asset	12	37	61	56	51	34
Total assets	1,067	1,716	1,475	1,502	1,322	1,308
Accounts payable	5	14	21	13	6	12
Accrued liabilities	3	6	7	10	17	15
Total current liabilities	12	31	47	57	65	62
Lease liability, non-current	11	37	63	58	53	34
Total liabilities	713	107	156	162	165	139
Accumulated deficit	(1,978)	(2,024)	(2,436)	(2,881)	(3,359)	(3,794)
Total stockholders' equity	352	1,607	1,318	1,338	1,158	1,169
Total liabilities and equity	1,067	1,716	1,475	1,502	1,322	1,308
Common shares outstanding (cover page) millions of shares	—	95	—	—	—	—

Fiscal years (QS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(1,682)	(46)	(412)	(445)	(478)	(435)
Stock-based compensation	17	52	127	166	145	127
Depreciation and amortization	8	11	28	42	58	66
Net cash from operating activities	(61)	(128)	(218)	(240)	(275)	(242)
Purchases of property and equipment	24	127	159	85	62	36
Net cash from investing activities	(803)	(386)	124	(153)	129	15
Proceeds from issuing common stock	100	463	—	288	129	269
Net cash from financing activities	954	737	9	300	144	313
Net change in cash	90	223	(85)	(92)	(2)	85

SIC 3690 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3690 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
QuantumScape	76	not reported	(55)*	not reported	12.9 quarters	Q3 FY26 10-QSep 30, 2026
Energizer Holdings	173	734	8.2*	68.5M	—	Q3 FY26 10-QJun 30, 2026
EnerSys	531	not reported	230	36.1M	—	Q1 FY27 10-QJul 5, 2026
Atkore	346	795	(63)*	33.8M	5.5 quarters	Q3 FY26 10-QJun 26, 2026
Spectrum Brands Holdings	259	753	83*	23.0M	—	Q3 FY26 10-QJun 28, 2026
Enovix	34	9	(22)*	219.4M	21.8 quarters	Q2 FY26 10-QJul 5, 2026
Eos Energy Enterprises	305	69	(72)*	364.2M	4.2 quarters	Q2 FY26 10-QJun 30, 2026
Microvast Holdings	128	87	(11)*	384.5M	12.2 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.