QuantumScape Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	230.52	140.87	142.52	235.39	320.7
Short-Term Investments	740.28	769.9	928.28	826.34	1,127
Cash & Short-Term Investments	970.81	910.77	1,071	1,062	1,448
Cash Growth	6.59%	-14.95%	0.85%	-26.66%	45.12%
Prepaid Expenses	10.84	11.52	12.71	10.59	15.76
Total Current Assets	981.64	922.29	1,084	1,072	1,463
Property, Plant & Equipment	304.92	373.73	394.17	384.73	233.98
Other Long-Term Assets	21.59	26.38	24.29	18.35	18.23
Total Assets	1,308	1,322	1,502	1,475	1,716
Accounts Payable	11.82	6.47	12.96	21.42	14.18
Accrued Expenses	41.49	37.71	32.22	20.54	15.2
Current Portion of Leases	8.24	8.76	7.91	4.85	1.23
Other Current Liabilities	-	11.95	4	-	-
Total Current Liabilities	61.55	64.88	57.1	46.81	30.61
Long-Term Leases	62.76	84.78	92.72	100.57	76.14
Other Long-Term Liabilities	14.87	14.89	11.99	8.49	0.32
Total Liabilities	139.18	164.55	161.8	155.86	107.06
Common Stock	1,169	0.05	0.05	0.04	0.04
Additional Paid-In Capital	-	4,516	4,222	3,771	3,635
Retained Earnings	-	-3,359	-2,881	-2,436	-2,024
Comprehensive Income & Other	-	0.43	-2.88	-17.87	-4.21
Total Common Equity	1,169	1,158	1,338	1,318	1,607
Minority Interest	-	-	1.77	1.7	1.69
Shareholders' Equity	1,169	1,158	1,340	1,320	1,609
Total Liabilities & Equity	1,308	1,322	1,502	1,475	1,716
Total Debt	71	93.54	100.63	105.42	77.37
Net Cash (Debt)	899.81	817.23	970.18	956.32	1,370
Net Cash Growth	10.10%	-15.77%	1.45%	-30.21%	39.11%
Net Cash Per Share	1.56	1.61	2.10	2.21	3.35
Filing Date Shares Outstanding	604.61	546.91	495.81	439.97	429.84
Total Common Shares Outstanding	604.61	542.55	493.03	437.96	428.32
Working Capital	920.1	857.4	1,026	1,026	1,433
Book Value Per Share	1.93	2.13	2.71	3.01	3.75
Tangible Book Value	1,169	1,158	1,338	1,318	1,607
Tangible Book Value Per Share	1.93	2.13	2.71	3.01	3.75
Machinery	-	277.18	231.73	185.17	84.81
Construction In Progress	-	61.94	89.66	108.59	101.42
Leasehold Improvements	-	115.88	99.52	72.2	23.19

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q