QuantumScape Corp (QS) Form 8-K — Oct 21, 2026
QuantumScape reported Q3 2026 results with a GAAP net loss of $84.5M, Adjusted EBITDA loss of $60.7M (in line with expectations), and $9.8M in customer billings, ending the quarter with $819.8M in liquidity. The company reiterated full-year 2026 guidance of $250-275M Adjusted EBITDA loss and $27-37M capex. Strategically, QuantumScape announced a partnership with Germany's Muehlbauer Group to build a 100-MWh cell production line, its first commercial-scale mass production of QS cells, targeting production start in 2028. It also recorded first customer billings from the Honda agreement and from its QSAS defense/aerospace vertical.
Key figures
- Revenue
- 0
- Cash Position
- 819800000
- Capex q3
- 4400000
- Gaap opex q3
- 92400000
- Qsas tam 2030
- $75B
- Customer billings q3
- 9800000
- Capex guidance fy2026
- $27M-$37M
- Weighted avg shares q3
- 620557000
- Adjusted ebitda loss q3
- 60700000
- Planned production line
- 100 MWh, production targeted 2028
- Powerblock runtime advantage
- 5x vs OCP conventional lithium-ion reference
- Powerblock power density advantage
- 4x vs OCP conventional lithium-ion reference
- Adjusted ebitda loss guidance fy2026
- $250M-$275M
AI analysis
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