QS
$3.98+2.18%
QuantumScape CorporationStock · Consumer DiscretionaryNasdaq Composite · 0.01% of ONEQRussell 1000 · 0.005% of IWBUS Stock Market · 0.005% of VTIRussell 3000 · 0.004% of IWV
QS financial statements
The full income statement, balance sheet, and cash-flow statement for QuantumScape Corporation (QS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 501.2M2024-09 509.0M2024-12 526.0M2025-03 548.0M2025-06 561.7M2025-09 588.7M2025-12 604.9M2026-03 619.1M2026-06 619.1M+23.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 473M-10.0% | 525M+9.6% | 479M+13.9% | 421M+95.4% | 215M+165.7% | ||
| Research & development | 376M-1.9% | 383M+10.1% | 348M+17.0% | 297M+96.3% | 151M+132.7% | |
| Selling, general & administrative | 97.0M-31.8% | 142M+8.5% | 131M+6.4% | 123M+93.2% | 63.8M+300.6% | |
| General & administrative | 97.0M-31.8% | 142M+8.5% | 131M+6.4% | 123M+93.2% | 63.8M+300.6% | |
| Operating income | -473M+10.0% | -525M-9.6% | -479M-13.9% | -421M-95.4% | -215M-165.7% | |
| Interest expense | 2.04M-8.3% | 2.22M-6.4% | 2.38M-0.9% | 2.40M+69.1% | 1.42M-93.2% | |
| Interest & investment income | 38.6M-16.1% | 46.0M+26.1% | 36.5M+234.6% | 10.9M+479.1% | 1.88M+72.3% | |
| Other non-operating income | 2.50M-21.6% | 3.20M+2382.9% | -140K-164.8% | 216K+43.0% | 151K+100.0% | |
| Pre-tax income | -434M+9.3% | -478M-7.4% | -445M | — | — | |
| Income tax | 1.54M+674.0% | -269K-1445.0% | 20.0K | 0.00 | 0.00 | |
| -435M+9.0% | -478M-7.3% | -445M-8.1% | -412M-796.1% | -46.0M+97.3% | ||
| Net income to non-controlling interest | — | -85.0K-228.8% | 66.0K+500.0% | 11.0K+200.0% | -11.0K-83.3% | |
| Net income to common | -435M+9.0% | -478M-7.3% | -445M-8.1% | -412M-796.1% | -46.0M+97.3% | |
| -$0.76+19.1% | -$0.94+2.1% | -$0.96-1.1% | -$0.95-82.7% | -$0.52+92.2% | ||
| EPS (basic) | -$0.76+19.1% | -$0.94+2.1% | -$0.96-1.1% | -$0.95-763.6% | -$0.11+98.4% | |
| Weighted-avg shares (basic) | 576M+13.4% | 508M+9.9% | 462M+6.8% | 433M+7.1% | 404M+60.3% | |
| Weighted-avg shares (diluted) | 576M+13.4% | 508M+9.9% | 462M+6.8% | 433M+5.7% | 410M+62.4% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 982M+6.4% | 922M-14.9% | 1.08B+1.0% | 1.07B-26.7% | 1.46B+45.0% | ||
| Cash & equivalents | 231M+63.6% | 141M-1.2% | 143M-39.5% | 235M-26.6% | 321M+183.3% | |
| Short-term investments | 740M-3.8% | 770M-17.1% | 928M+12.3% | 826M-26.7% | 1.13B+27.4% | |
| Prepaid expenses | 10.8M-5.9% | 11.5M-9.4% | 12.7M+20.0% | 10.6M-32.8% | 15.8M+35.6% | |
| 1.31B-1.1% | 1.32B-12.0% | 1.50B+1.8% | 1.48B-14.0% | 1.72B+60.8% | ||
| Property, plant & equipment | 251M-16.2% | 300M-4.2% | 313M+5.8% | 296M+78.1% | 166M+280.3% | |
| Operating lease right-of-use | 34.1M-33.8% | 51.5M-7.9% | 55.9M-8.1% | 60.8M+64.7% | 36.9M+215.2% | |
| Other non-current assets | 21.6M-18.1% | 26.4M+8.6% | 24.3M+32.4% | 18.4M+0.7% | 18.2M+731.5% | |
| 61.5M-5.1% | 64.9M+13.6% | 57.1M+22.0% | 46.8M+52.9% | 30.6M+147.8% | ||
| Accounts payable | 11.8M+82.8% | 6.47M-50.1% | 13.0M-39.5% | 21.4M+51.0% | 14.2M+163.5% | |
| Accrued liabilities | 14.5M-16.8% | 17.4M+71.4% | 10.2M+36.2% | 7.48M+23.0% | 6.08M+81.1% | |
| Current lease liability | 4.65M-15.8% | 5.53M+10.4% | 5.01M+43.9% | 3.48M+187.7% | 1.21M-0.9% | |
| Finance lease liability (current) | 3.58M+10.9% | 3.23M+11.2% | 2.91M+111.7% | 1.37M+7126.3% | 19.0K | |
| 139M-15.4% | 165M+1.7% | 162M+3.8% | 156M+45.6% | 107M-85.0% | ||
| Non-current lease liability | 34.5M-34.8% | 52.9M-8.2% | 57.6M-7.9% | 62.6M+70.2% | 36.8M+226.9% | |
| Operating lease liability (total) | 39.1M-33.0% | 58.4M-6.7% | 62.6M-5.2% | 66.0M+73.9% | 38.0M+204.6% | |
| Finance lease liability (total) | 31.9M-9.2% | 35.1M-7.6% | 38.0M-3.5% | 39.4M-0.0% | 39.4M | |
| Finance lease liability | 28.3M-11.2% | 31.9M-9.2% | 35.1M-7.6% | 38.0M-3.5% | 39.4M | |
| Other non-current liabilities | 14.9M-0.1% | 14.9M+24.2% | 12.0M+41.2% | 8.49M+2594.6% | 315K | |
| 1.17B+1.0% | 1.16B-13.5% | 1.34B+1.6% | 1.32B-18.0% | 1.61B+356.8% | ||
| Common stock | 61.0K+13.0% | 54.0K+10.2% | 49.0K+11.4% | 44.0K+2.3% | 43.0K+19.4% | |
| Additional paid-in capital | 4.96B+9.9% | 4.52B+7.0% | 4.22B+12.0% | 3.77B+3.8% | 3.63B+56.0% | |
| Retained earnings | -3.79B-13.0% | -3.36B-16.6% | -2.88B-18.3% | -2.44B-20.4% | -2.02B-2.3% | |
| Accumulated other comprehensive income | 644K+50.5% | 428K+114.9% | -2.88M+83.9% | -17.9M-324.7% | -4.21M-13474.2% | |
| Total liabilities & equity | 1.31B-1.1% | 1.32B-12.0% | 1.50B+1.8% | 1.48B-14.0% | 1.72B+60.8% | |
| Shares outstanding (cover) | — | — | — | — | 95.4M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -242M+11.7% | -275M-14.4% | -240M-10.1% | -218M-70.5% | -128M-108.8% | ||
| Depreciation & amortization | 65.6M+13.5% | 57.8M+37.7% | 42.0M+48.4% | 28.3M+152.3% | 11.2M+63.6% | |
| Share-based compensation | 127M-11.9% | 145M-13.0% | 166M+30.8% | 127M+143.6% | 52.2M+206.5% | |
| Deferred income taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 14.9M-88.4% | 129M+184.5% | -153M-222.9% | 124M+132.2% | -386M+51.9% | ||
| Capital expenditure | 36.3M-41.7% | 62.2M-26.4% | 84.6M-46.7% | 159M+24.9% | 127M+427.9% | |
| Free cash flow | -279M+17.2% | -337M-3.7% | -325M+13.9% | -377M-47.7% | -255M-198.9% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | -2.39M-1962.9% | -116K-1.8% | -114K | — | — | |
| 313M+117.2% | 144M-52.0% | 300M+3391.7% | 8.60M-98.8% | 737M-22.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 269M+104.5% | 131M-56.2% | 300M | 0.00-100.0% | 463M+363.9% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 85.3M+5242.6% | -1.66M+98.2% | -92.3M-8.2% | -85.3M-138.3% | 223M+148.1% | |
| Interest paid | 2.04M-8.3% | 2.22M+25.1% | 1.78M+10.4% | 1.61M+387.9% | 330K | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.30B+130.9% | 2.73B-16.7% | 3.28B+33.2% | 2.46B+16.2% | 2.12B-91.3% | |
| P/B | 5.4×+128.7% | 2.4×+1.5% | 2.3×+30.8% | 1.8×+34.7% | 1.3×-98.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: QS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all QS filings on SEC EDGAR → Not investment advice.