Earnings ·
QuantumScape reports Q3 net loss of $84.5M and $9.8M in customer billings
QSQuantumScape Corp
QuantumScape reported a third-quarter GAAP net loss of $84.5 million, or $0.14 per share, compared to a $105.8 million loss in the prior-year period. Adjusted EBITDA loss was $60.7 million, consistent with expectations. The company generated $9.8 million in customer billings, marking its first revenue from Honda and initial billings from its defense and aerospace verticals. QuantumScape reiterated full-year 2026 adjusted EBITDA loss guidance of $250M to $275M and capex guidance of $27M to $37M. The company ended the quarter with $819.8 million in liquidity. QuantumScope develops solid-state lithium-metal batteries for electric vehicles, data centers, and aerospace applications.