NASDAQ$QS

QuantumScape Corporation · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

QuantumScape reported Q1 2026 operating loss of $109.2M with no commercial revenue as development continues.

The pre-revenue solid-state battery developer incurred a loss from operations of approximately $109.2 million for the quarter ended March 31, 2026. R&D and personnel costs remain elevated as the company advances QSE-5 prototypes and manufacturing scale-up with automotive partners.

  • No commercial revenue; development-stage company.
  • Operating loss ~$109.2M in Q1 2026.
  • Stock-based compensation and R&D dominate expense base.
  • PowerCo and OEM sampling agreements support long-term commercialization path.

Headline financials

EPS (adj)

-$0.16

Previous: -$0.21+23.8%
Capital Expenditures

-$9.98M

Previous: -$5.84M-71.0%
Net Income

-$101M

Previous: -$114M+11.9%
Operating Income

-$109M

Previous: -$124M+11.6%

Revenue & EPS history

QuantumScape · Revenue · Quarterly

$0

Q3 2025

Forward guidance

QuantumScape remains pre-revenue; outlook centers on prototype milestones, OEM validation, and manufacturing scale rather than near-term profitability.

Tailwinds

  • QSE-5 B-sample shipments and PowerCo collaboration progress.
  • Capex and partnerships aimed at solid-state cell commercialization.

Headwinds

  • Substantial ongoing losses and accumulated deficit.
  • Commercial revenue timing uncertain until OEM serial production.
  • Capital markets dependence for funding development.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.1%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-0.1%

Avg return

30 days after

40%

10 / 25 earnings

Positive

+22.6%

Q3 2024

Best reaction

-12.0%

Q4 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.4%-4.7%+12.0%
Q4 2026-12.0%-18.4%-23.7%
Q3 2025+8.0%+14.8%-15.5%
Q2 2025-1.6%-27.7%-36.4%
Q1 2025-0.5%-0.8%-0.3%
Q4 2024+7.0%+14.7%-9.7%
Q3 2024+22.6%+7.4%-2.6%
Q2 2024+2.6%+2.8%+4.8%
Q1 2024-8.8%-1.6%+3.8%
Q4 2023-3.5%-6.4%-23.9%
Q3 2023-11.2%-10.0%-2.6%
Q2 2023+14.4%+42.2%-26.2%
Q1 2023-1.0%-10.6%-13.3%
Q4 2022+9.6%+15.2%-16.4%
Q3 2022-10.7%-8.1%-22.4%
Q2 2022+4.8%+3.3%+8.7%
Q1 2022-5.6%-4.7%-22.2%
Q4 2021-7.7%-10.9%-2.5%
Q3 2021-8.2%+13.4%+26.1%
Q2 2021+7.2%+1.5%-5.8%
Q1 2021-4.1%-4.1%-2.9%
Q4 2019-8.0%-15.2%-29.0%
Q2 2020-8.0%-15.2%-29.0%
Q4 2020+21.7%+13.9%+4.3%
Q3 2020-11.8%+3.3%+221.9%
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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