QuantumScape Corp (QS) Form 10-Q — Oct 23, 2026
QuantumScape reported a Q3 2026 net loss of $84.5 million ($0.14 per share), a ~20% improvement from the $105.8 million loss a year earlier, with nine-month net loss narrowing to $283.5 million from $334.9 million. Operating expenses fell 20% YoY to $92.4 million, helped by lower impairments and a $8.1 million reversal of previously recognized Milestone PSU expense after management determined certain milestones were no longer probable. The company ended the quarter with approximately $819.8 million in cash, equivalents and marketable securities, and said this is sufficient for at least twelve months.
Key figures
- Total Assets
- 1119081000
- Cash Position
- 819800000
- Accumulated deficit
- 4077080000
- Q3 operating expenses
- 92424000
- Q3 opex yoy change pct
- -20
- Vw voting interest pct
- 27.3
- Milestone psu expense reversal q3
- 8100000
- Powerco capital contribution nine months
- 28856000
AI analysis
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