NASDAQ$QS

QuantumScape Corporation · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

QuantumScape reported Q3 2025 revenue of $0 with a net loss and continued solid-state battery development spend.

The company reported minimal revenue while investing in solid-state lithium-metal battery technology and manufacturing scale-up partnerships. Losses reflect R&D, pilot line costs, and pre-commercialization activities.

  • Pre-revenue; R&D-focused quarter.
  • Solid-state battery samples and OEM partnerships progress.
  • Manufacturing scale-up and yield remain key execution risks.
  • Cash runway supports multi-year development timeline.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

$0.00

Previous: -$0.23+100.0%
Net Income

-$120M

Previous: -$120M-0.3%
Operating Income

$0.00

Previous: -$130M+100.0%

Revenue & EPS history

QuantumScape · Revenue · Quarterly

$0

Q3 2025

Forward guidance

The filing discusses QuantumScape's outlook, including capital allocation, operating priorities, and market risks relevant to the reported quarter.

Tailwinds

  • QuantumScape cites operational priorities and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.
  • Technology roadmap and product cadence support long-term positioning.

Headwinds

  • GAAP profitability remained under pressure in Q3 2025.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.
  • Competition, capex, and execution risk on new platforms.
  • Clinical trial outcomes and funding needs dominate near-term risk.

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 Q3 2025

Historical avgQ3 2025

-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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