QS Chart
About

QuantumScape Corporation, together with its subsidiaries, develops solid-state lithium-metal battery technology for electric vehicles and other applications in the United States. The company was founded in 2010 and is headquartered in San Jose, California.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Parts Market Cap 4.17B
Enterprise Value 3.27B Income -435.05M Sales —
Book/sh 1.92 Cash/sh 1.58 Dividend Yield —
Payout 0.00% Employees 700 IPO —
P/E — Forward P/E -11.91 PEG —
P/S — P/B 3.53 P/C —
EV/EBITDA -8.02 EV/Sales — Quick Ratio 15.77
Current Ratio 15.95 Debt/Eq 6.07 LT Debt/Eq —
EPS (ttm) -0.76 EPS next Y -0.57 EPS Growth —
Revenue Growth — Earnings 2026-04-22 ROA -22.46%
ROE -37.39% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 575.29M
Shs Float 483.13M Short Float 15.02% Short Ratio 4.41
Short Interest — 52W High 19.07 52W Low 3.40
Beta 2.60 Avg Volume 15.15M Volume 11.23M
Target Price $7.91 Recom None Prev Close $6.69
Price $6.80 Change 1.64%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$7.91
Mean price target
2. Current target
$6.80
Latest analyst target
3. DCF / Fair value
$-4.20
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.80
Low
$2.50
High
$12.00
Mean
$7.91

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-23 main Evercore ISI Group In-Line → In-Line $10
2026-02-19 up HSBC Reduce → Hold $8
2026-02-18 main Morgan Stanley Equal-Weight → Equal-Weight $9
2025-12-08 init Morgan Stanley — → Equal-Weight $12
2025-11-24 down Evercore ISI Group Outperform → In-Line $12
2025-11-19 down HSBC Hold → Reduce $11
2025-10-30 main TD Cowen Hold → Hold $16
2025-07-24 main Baird Neutral → Neutral $11
2025-04-28 main Goldman Sachs Sell → Sell $3
2025-04-24 main Baird Neutral → Neutral $6
2025-04-10 main Goldman Sachs Sell → Sell $3
2025-04-10 down UBS Neutral → Sell $3
2025-02-18 main Evercore ISI Group Outperform → Outperform $8
2025-02-14 main Truist Securities Hold → Hold $6
2024-11-19 up HSBC Reduce → Hold $5
2024-10-25 reit Truist Securities Hold → Hold $7
2024-10-16 main Truist Securities Hold → Hold $6
2024-08-05 reit Truist Securities Hold → Hold $7
2024-04-25 main UBS Neutral → Neutral $5
2024-04-22 main Truist Securities Hold → Hold $6
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 75000 510003.0 — Sale at price 6.73 - 6.90 per share. MCCARTHY MICHAEL OWEN III Officer — 2026-03-06 00:00:00 D
1 161331 nan — — HOLME TIMOTHY Chief Technology Officer — 2026-03-05 00:00:00 D/I
2 161331 1107473.0 — Sale at price 6.86 per share. HOLME TIMOTHY Chief Technology Officer — 2026-03-05 00:00:00 D/I
3 47375 — — Stock Award(Grant) at price 0.00 per share. NIEBERGALL ROSS S. Director — 2026-03-04 00:00:00 D
4 41229 — — Stock Award(Grant) at price 0.00 per share. HETTRICH KEVIN Chief Financial Officer — 2026-02-24 00:00:00 D
5 42321 — — Stock Award(Grant) at price 0.00 per share. HOLME TIMOTHY Chief Technology Officer — 2026-02-24 00:00:00 D
6 26419 — — Stock Award(Grant) at price 0.00 per share. FASOLI LUCA GIOVANNI Chief Operating Officer — 2026-02-24 00:00:00 D
7 42025 — — Stock Award(Grant) at price 0.00 per share. MCCARTHY MICHAEL OWEN III Officer — 2026-02-24 00:00:00 D
8 145973 — — Stock Award(Grant) at price 0.00 per share. SIVARAM SRINIVASAN Chief Executive Officer — 2026-02-24 00:00:00 D
9 42321 — — Stock Award(Grant) at price 0.00 per share. SINGH MOHIT Officer — 2026-02-24 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.000.000.00
NormalizedEBITDA-358.25M-409.93M-392.95M-373.37M
TotalUnusualItems168.67M
TotalUnusualItemsExcludingGoodwill168.67M
NetIncomeFromContinuingOperationNetMinorityInterest-435.05M-477.86M-445.14M-411.91M
ReconciledDepreciation73.22M65.79M49.75M36.12M
EBITDA-358.25M-409.93M-392.95M-373.37M
EBIT-431.47M-475.72M-442.70M-409.50M
NetInterestIncome36.59M43.80M34.11M8.51M
InterestExpense2.04M2.22M2.38M2.40M
InterestIncome38.63M46.02M36.49M10.90M
NormalizedIncome-435.05M-477.86M-445.14M-411.91M
NetIncomeFromContinuingAndDiscontinuedOperation-435.05M-477.86M-445.14M-411.91M
TotalExpenses472.60M525.21M479.03M420.62M
TotalOperatingIncomeAsReported-472.60M-525.21M-479.03M-420.62M
DilutedAverageShares575.95M508.10M462.24M432.97M
BasicAverageShares575.95M508.10M462.24M432.97M
DilutedEPS-0.76-0.94-0.96-0.95
BasicEPS-0.76-0.94-0.96-0.95
DilutedNIAvailtoComStockholders-435.05M-477.86M-445.14M-411.91M
AverageDilutionEarnings0.000.00-168.67M
NetIncomeCommonStockholders-435.05M-477.86M-445.14M-411.91M
NetIncome-435.05M-477.86M-445.14M-411.91M
MinorityInterests0.0085.00K-66.00K-11.00K
NetIncomeIncludingNoncontrollingInterests-435.05M-477.94M-445.08M-411.90M
NetIncomeContinuousOperations-435.05M-477.94M-445.08M-411.90M
TaxProvision1.54M-269.00K20.00K
PretaxIncome-433.51M-477.94M-445.08M-411.90M
OtherIncomeExpense2.50M3.46M-160.00K216.00K
OtherNonOperatingIncomeExpenses2.50M3.46M-160.00K216.00K
GainOnSaleOfSecurity168.67M
NetNonOperatingInterestIncomeExpense36.59M43.80M34.11M8.51M
InterestExpenseNonOperating2.04M2.22M2.38M2.40M
InterestIncomeNonOperating38.63M46.02M36.49M10.90M
OperatingIncome-472.60M-525.21M-479.03M-420.62M
OperatingExpense472.60M525.21M479.03M420.62M
ResearchAndDevelopment375.61M382.97M347.94M297.44M
SellingGeneralAndAdministration97.00M142.24M131.09M123.18M
GeneralAndAdministrativeExpense97.00M142.24M131.09M123.18M
OtherGandA97.00M142.24M131.09M123.18M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber607.63M542.55M493.03M437.96M
ShareIssued607.63M542.55M493.03M437.96M
TotalDebt71.00M93.54M100.63M105.42M
TangibleBookValue1.17B1.16B1.34B1.32B
InvestedCapital1.17B1.16B1.34B1.32B
WorkingCapital920.10M857.40M1.03B1.03B
NetTangibleAssets1.17B1.16B1.34B1.32B
CapitalLeaseObligations71.00M93.54M100.63M105.42M
CommonStockEquity1.17B1.16B1.34B1.32B
TotalCapitalization1.17B1.16B1.34B1.32B
TotalEquityGrossMinorityInterest1.17B1.16B1.34B1.32B
MinorityInterest0.001.77M1.70M1.69M
StockholdersEquity1.17B1.16B1.34B1.32B
GainsLossesNotAffectingRetainedEarnings644.00K428.00K-2.88M-17.87M
OtherEquityAdjustments644.00K428.00K-2.88M-17.87M
RetainedEarnings-3.79B-3.36B-2.88B-2.44B
AdditionalPaidInCapital4.96B4.52B4.22B3.77B
CapitalStock61.00K54.00K49.00K44.00K
CommonStock61.00K54.00K49.00K44.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest139.18M164.55M161.80M155.86M
TotalNonCurrentLiabilitiesNetMinorityInterest77.64M99.66M104.71M109.05M
OtherNonCurrentLiabilities2.52M2.62M315.00K
PreferredSecuritiesOutsideStockEquity1.69M
DerivativeProductLiabilities0.00
NonCurrentDeferredLiabilities1.16M2.52M2.52M2.62M
LongTermDebtAndCapitalLeaseObligation62.76M84.78M92.72M100.56M
LongTermCapitalLeaseObligation62.76M84.78M92.72M100.56M
LongTermProvisions13.71M12.37M9.47M5.87M
CurrentLiabilities61.55M64.88M57.09M46.81M
CurrentDebtAndCapitalLeaseObligation8.24M8.76M7.91M4.85M
CurrentCapitalLeaseObligation8.24M8.76M7.91M4.85M
PensionandOtherPostRetirementBenefitPlansCurrent26.97M32.21M26.04M13.06M
PayablesAndAccruedExpenses26.34M23.91M23.14M28.90M
CurrentAccruedExpenses14.52M17.45M10.18M7.48M
Payables11.82M6.47M12.96M21.42M
AccountsPayable11.82M6.47M12.96M21.42M
TotalAssets1.31B1.32B1.50B1.48B
TotalNonCurrentAssets326.51M400.11M418.46M403.08M
OtherNonCurrentAssets21.59M26.38M24.29M18.35M
NetPPE304.92M373.73M394.17M384.73M
AccumulatedDepreciation-192.12M-155.00M-107.76M-70.03M
GrossPPE497.04M528.73M501.93M454.75M
Leases110.69M115.88M99.52M72.20M
ConstructionInProgress41.78M61.94M89.66M108.58M
OtherProperties53.47M73.74M81.00M88.80M
MachineryFurnitureEquipment291.09M277.18M231.73M185.17M
Properties0.000.000.000.00
CurrentAssets981.64M922.29M1.08B1.07B
OtherCurrentAssets10.84M11.52M12.71M10.59M
PrepaidAssets15.76M
CashCashEquivalentsAndShortTermInvestments970.81M910.77M1.07B1.06B
OtherShortTermInvestments740.28M769.90M928.28M826.34M
CashAndCashEquivalents230.52M140.87M142.52M235.39M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-278.75M-336.69M-324.54M-376.87M
RepaymentOfDebt-3.23M-2.91M-1.97M-809.00K
IssuanceOfDebt5.51M
IssuanceOfCapitalStock268.65M128.53M288.16M0.00
CapitalExpenditure-36.28M-62.13M-84.51M-158.84M
InterestPaidSupplementalData2.04M2.22M1.78M1.61M
EndCashPosition244.18M158.91M160.57M252.92M
BeginningCashPosition158.91M160.57M252.92M338.22M
ChangesInCash85.27M-1.66M-92.34M-85.31M
FinancingCashFlow312.81M144.03M300.21M8.60M
CashFlowFromContinuingFinancingActivities312.81M144.03M300.21M8.60M
NetOtherFinancingCharges15.04M-1.69M-11.85M-1.02M
ProceedsFromStockOptionExercised32.35M20.09M14.02M9.41M
NetPreferredStockIssuance0.000.00
PreferredStockIssuance0.000.00
NetCommonStockIssuance268.65M128.53M288.16M0.00
CommonStockIssuance268.65M128.53M288.16M0.00
NetIssuancePaymentsOfDebt-3.23M-2.91M-1.97M-809.00K
NetLongTermDebtIssuance-3.23M-2.91M-1.97M-809.00K
LongTermDebtPayments-3.23M-2.91M-1.97M-809.00K
LongTermDebtIssuance5.51M
InvestingCashFlow14.93M128.87M-152.53M124.12M
CashFlowFromContinuingInvestingActivities14.93M128.87M-152.53M124.12M
NetOtherInvestingChanges2.39M116.00K114.00K
NetInvestmentPurchaseAndSale48.82M191.00M-68.02M282.96M
SaleOfInvestment1.13B1.49B1.04B852.51M
PurchaseOfInvestment-1.08B-1.30B-1.11B-569.55M
NetPPEPurchaseAndSale-36.28M-62.13M-84.51M-158.84M
PurchaseOfPPE-36.28M-62.13M-84.51M-158.84M
OperatingCashFlow-242.47M-274.56M-240.03M-218.02M
CashFlowFromContinuingOperatingActivities-242.47M-274.56M-240.03M-218.02M
ChangeInWorkingCapital-11.67M8.80M-14.08M12.12M
ChangeInOtherWorkingCapital6.73M
ChangeInOtherCurrentLiabilities-6.18M-5.27M-3.64M1.46M
ChangeInPayablesAndAccruedExpense-6.80M14.96M-2.90M5.61M
ChangeInPayable-2.90M5.61M13.18M
ChangeInAccountPayable-2.90M5.61M13.18M
ChangeInPrepaidAssets1.31M-893.00K-7.53M5.05M
OtherNonCashItems-4.04M109.00K469.00K840.00K
StockBasedCompensation127.46M144.65M166.30M127.11M
AssetImpairmentCharge26.57M13.35M21.53M13.70M
AmortizationOfSecurities-18.97M-29.31M-18.91M3.99M
DepreciationAmortizationDepletion73.22M65.79M49.75M36.12M
DepreciationAndAmortization73.22M65.79M49.75M36.12M
Depreciation73.22M65.79M49.75M36.12M
OperatingGainsLosses-168.67M
GainLossOnInvestmentSecurities-168.67M
NetIncomeFromContinuingOperations-435.05M-477.94M-445.08M-411.90M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for QS
Date User Asset Broker Type Position Size Entry Price Patterns