QuantumScape Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Selling, General & Admin	93.62	97	142.24	131.09	123.18	63.77
Research & Development	364.59	375.61	382.97	347.95	297.44	151.5
Total Operating Expenses	458.21	472.6	525.21	479.03	420.62	215.27
Operating Income	-458.21	-472.6	-525.21	-479.03	-420.62	-215.27
Interest Income	37.75	38.63	46.02	36.49	10.91	1.88
Interest Expense	-1.99	-2.04	-2.22	-2.38	-2.4	-1.42
Other Non-Operating Income (Expense)	0.14	-	-	-	0.22	168.83
Total Non-Operating Income (Expense)	35.9	36.59	43.8	34.11	8.72	169.29
Pretax Income	-422.33	-433.51	-478.21	-445.06	-411.9	-45.98
Provision for Income Taxes	0.36	1.54	-0.27	0.02	-	-
Net Income	-421.43	-435.05	-477.86	-445.15	-411.91	-45.97
Minority Interest in Earnings	-	-	-0.09	0.07	0.01	-0.01
Net Income to Common	-421.43	-435.05	-477.86	-445.15	-411.91	-45.97
Shares Outstanding (Basic)	592	576	508	462	433	404
Shares Outstanding (Diluted)	592	576	508	462	433	410
Shares Change (YoY)	13.53%	13.35%	9.92%	6.76%	5.73%	62.41%
EPS (Basic)	-0.71	-0.76	-0.94	-0.96	-0.95	-0.11
EPS (Diluted)	-0.71	-0.76	-0.94	-0.96	-0.95	-0.52
Shares Outstanding	615.11	607.63	542.55	493.03	437.96	428.32
Free Cash Flow	-281.66	-278.75	-336.8	-324.65	-376.87	-255.09
Free Cash Flow Per Share	-0.48	-0.48	-0.66	-0.70	-0.87	-0.62
EBITDA	-388.05	-399.38	-459.42	-429.28	-384.5	-200.57
EBIT	-458.21	-472.6	-525.21	-479.03	-420.62	-215.27
Effective Tax Rate	-0.08%	-0.36%	0.06%	-0.00%	0.00%	0.00%

Updated Apr 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q