Recent Updates — QS

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.

QuantumScape announced a multi-year partnership with Honda to advance solid-state lithium-metal battery technology. The company established three business verticals: QSEV for electric vehicles, QSDC for AI data centers, and QSAS for aerospace and defense, appointing Shahar Noy as VP and GM of QSDC and George Hart as GM of QSAS. For Q2 2026, the company reported GAAP net loss of $98.2M and customer billings of $10.8M, while reiterating full-year Adjusted EBITDA loss guidance of $250M-$275M and lowering full-year capex guidance to $27M-$37M. The company ended the quarter with $859.0M in liquidity. QuantumScape develops next-generation solid-state lithium-metal batteries for various high-value markets.

QuantumScape Battery, Inc. amended its Collaboration Agreement with PowerCo SE to update program structure and milestones for joint development and commercialization of QSE-5 battery technology. The amendment replaces a prior statement of work with a milestone-based payment structure, with a maximum aggregate amount of $75.4 million inclusive of amounts paid to date. QuantumScape Corporation is a developer of solid-state battery technology for electric vehicles.