QuantumScape Corporation (QS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 14.76M | 15.39M | 14.17M | 19.47M | 18.34M | 17.99M | 14.94M | 12.87M | 11.98M | 10.78M | 13.59M | 11.97M | 11.44M | 11.48M | 10.44M | 7.69M | 6.52M | 4.48M | 3.8M | 3.85M |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -14.76M | -15.39M | -14.17M | -19.47M | -18.34M | -17.99M | -14.94M | -12.87M | -11.98M | -10.78M | -13.59M | -11.97M | -11.44M | -11.48M | -10.44M | -7.69M | -6.52M | -4.48M | -3.8M | -3.85M |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | 19.5% | 14.44% | 5.18% | -51.29% | -53.01% | -66.83% | -9.92% | -7.51% | -4.76% | 6.06% | -30.19% | -55.7% | -75.54% | -156.35% | -175.08% | -99.48% | -153.34% | -82.81% | -94.57% | -98.86% |
| Operating Expenses | 94.42M | 95.06M | 100.82M | 104.12M | 105.24M | 110.7M | 115.22M | 121.59M | 119.92M | 98.67M | 107.28M | 111.57M | 98.54M | 101.96M | 110.21M | 88.19M | 84.14M | 62.66M | 50.04M | 45.77M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 24.61M | 8.29M | 22.92M | 22.41M | 27.99M | 24.31M | 33.16M | 36.71M | 48.05M | 28.24M | 30.77M | 35.15M | 31.1M | 27.89M | 31.1M | 28.83M | 27.52M | 19.45M | 13.05M | 12.95M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 84.57M | 86.77M | 77.91M | 81.71M | 77.25M | 86.4M | 82.05M | 84.88M | 71.86M | 70.43M | 76.51M | 76.42M | 67.44M | 74.07M | 79.11M | 59.35M | 56.62M | 43.21M | 36.99M | 32.82M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -109.18M | -110.45M | -114.99M | -123.59M | -123.58M | -128.69M | -130.16M | -134.46M | -131.9M | -109.45M | -120.87M | -123.54M | -109.98M | -113.43M | -120.65M | -95.87M | -90.66M | -67.14M | -53.83M | -49.62M |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | 11.65% | 14.17% | 11.65% | 8.09% | 6.31% | -17.58% | -7.68% | -8.84% | -19.93% | 3.51% | -0.18% | -28.86% | -21.31% | -68.96% | -124.13% | -93.21% | -102.93% | -122.4% | -160.18% | -248.79% |
| EBITDA | -94.42M | -95.06M | -100.82M | -104.12M | -105.24M | -110.7M | -115.21M | -121.59M | -119.92M | -98.67M | -107.28M | -111.57M | -98.54M | -101.96M | -110.21M | -88.19M | -84.14M | -62.66M | -50.04M | -45.77M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | 10.28% | 14.13% | 12.49% | 14.37% | 12.24% | -12.19% | -7.4% | -8.98% | -21.69% | 3.22% | 2.66% | -26.52% | -17.11% | -62.71% | -120.27% | -92.68% | -99.85% | -125.89% | -167.02% | -272.43% |
| D&A (Non-Cash Add-back) | 14.76M | 15.39M | 14.17M | 19.47M | 18.34M | 17.99M | 14.94M | 12.87M | 11.98M | 10.78M | 13.59M | 11.97M | 11.44M | 11.48M | 10.44M | 7.69M | 6.52M | 4.48M | 3.8M | 3.85M |
| EBIT | -109.18M | -99.26M | -105.32M | -114.18M | -113.89M | -114.12M | -119.15M | -122.39M | -120.06M | -112.76M | -110.01M | -115.91M | -104.03M | -108.46M | -117.05M | -94.23M | -89.75M | -66.41M | 15.71M | 81.23M |
| Net Interest Income | 8.41M | 9.43M | 9.49M | 8.42M | 9.24M | 10.06M | 10.8M | 11.45M | 11.49M | 11.83M | 9.89M | 6.72M | 5.68M | 4.5M | 2.89M | 903K | 216K | -140K | 246K | 111K |
| Interest Income | 8.89M | 9.93M | 10M | 8.94M | 9.77M | 10.6M | 11.35M | 12.02M | 12.06M | 12.41M | 10.48M | 7.32M | 6.28M | 5.09M | 3.49M | 1.51M | 816K | 682K | 605K | 349K |
| Interest Expense | 478K | 492K | 503K | 516K | 528K | 540K | 550K | 562K | 572K | 582K | 593K | 602K | 600K | 592K | 600K | 607K | 600K | 822K | 359K | 238K |
| Other Income/Expense | 8.39M | 10.7M | 9.17M | 8.89M | 9.15M | 14.03M | 10.46M | 11.5M | 11.27M | -3.88M | 10.27M | 7.04M | 5.35M | 4.38M | 3M | 1.04M | 304K | -90K | 69.18M | 130.61M |
| Pretax Income | -100.79M | -99.75M | -105.82M | -114.7M | -114.42M | -114.66M | -119.7M | -122.95M | -120.63M | -113.34M | -110.6M | -116.51M | -104.63M | -109.05M | -117.65M | -94.84M | -90.35M | -67.23M | 15.35M | 80.99M |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 7K | 350K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -0.01% | -0.35% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -100.8M | -100.11M | -105.82M | -114.7M | -114.42M | -114.66M | -119.57M | -122.97M | -120.65M | -113.36M | -110.62M | -116.52M | -104.65M | -109.07M | -117.66M | -94.83M | -90.35M | -67.23M | 15.35M | 80.99M |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | 11.91% | 12.7% | 11.5% | 6.73% | 5.16% | -1.15% | -8.1% | -5.54% | -15.29% | -3.94% | 5.99% | -22.87% | -15.82% | -62.24% | -866.46% | -217.09% | -20.34% | 94.73% | 104.08% | 680.77% |
| Net Income (Continuing) | -100.8M | -100.11M | -105.82M | -114.7M | -114.42M | -114.66M | -119.7M | -122.95M | -120.63M | -113.34M | -110.6M | -116.51M | -104.63M | -109.05M | -117.65M | -94.84M | -90.35M | -67.23M | 15.35M | 80.99M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.81M | 1.79M | 1.77M | 1.75M | 1.73M | 1.72M | 1.7M | 1.69M | 1.68M | 1.69M | 1.69M | 1.69M | 1.69M |
| EPS (Diluted) | -0.16 | -0.17 | -0.18 | -0.20 | -0.21 | -0.23 | -0.23 | -0.25 | -0.24 | -0.23 | -0.23 | -0.26 | -0.24 | -0.25 | -0.27 | -0.22 | -0.21 | -0.16 | -0.13 | 0.20 |
| EPS Growth % | 23.81% | 26.09% | 21.74% | 20% | 12.5% | 0% | 0% | 3.85% | 0% | 8% | 14.81% | -18.18% | -14.29% | -56.25% | -107.69% | -210% | -5% | 96.38% | 91.72% | 444.23% |
| EPS (Basic) | -0.16 | -0.17 | -0.18 | -0.20 | -0.21 | -0.23 | -0.23 | -0.25 | -0.24 | -0.23 | -0.23 | -0.26 | -0.24 | -0.25 | -0.27 | -0.22 | -0.21 | -0.16 | 0.04 | 0.20 |
| Diluted Shares Outstanding | 611.01M | 604.61M | 566.29M | 561.7M | 548.01M | 508.1M | 508.96M | 501.23M | 496.14M | 491.13M | 471.75M | 445.32M | 440.08M | 436.89M | 434.05M | 431.52M | 429.33M | 424.7M | 420.65M | 410.37M |
| Basic Shares Outstanding | 611.01M | 604.61M | 566.29M | 561.7M | 548.01M | 508.1M | 508.96M | 501.23M | 496.14M | 491.13M | 471.75M | 445.32M | 440.08M | 436.89M | 434.05M | 431.52M | 429.33M | 424.7M | 417.83M | 404.96M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |