Quarterly ResultJul 24, 2026, 04:12 PM
QuantumScape Q2 Net Loss $(98.24)M, EPS $(0.16)
AI Summary
QuantumScape Corp reported a net loss of $(98.24) million, or $(0.16) per share, for the second quarter of 2026, an improvement compared to a net loss of $(114.70) million, or $(0.20) per share, in the same period last year. For the first six months of 2026, the net loss was $(199.04) million, down from $(229.12) million year-over-year. The company, which is still in the development phase and has not yet commenced principal operations or derived revenue, saw its cash and cash equivalents decrease to $132.87 million as of June 30, 2026, from $230.52 million at the end of 2025.
Key Highlights
- Net loss for Q2 2026 was $(98.24) million, an improvement from $(114.70) million in Q2 2025.
- Basic and diluted net loss per share for Q2 2026 was $(0.16), compared to $(0.20) in Q2 2025.
- Net loss for the six months ended June 30, 2026 was $(199.04) million, down from $(229.12) million in the prior year period.
- Cash and cash equivalents stood at $132.87 million as of June 30, 2026, down from $230.52 million at December 31, 2025.
- Total assets decreased to $1.17 billion as of June 30, 2026, from $1.31 billion at December 31, 2025.
- Net cash used in operating activities for H1 2026 was $(116.26) million, an improvement from $(122.59) million in H1 2025.
- Research and development expenses decreased to $82.53 million in Q2 2026 from $101.18 million in Q2 2025.
Price Impact
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