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Companies / Technology / QuantumScape Corp
QS

QuantumScape Corp

TechnologyElectronic Equipment
Ticker QSSAN JOSE, CAFiscal year ends DecemberBook value per share $1.71Diluted shares 614.1M

QuantumScape Corporation (Nasdaq: QS) is a developer of next-generation solid-state lithium-metal battery technology designed for electric vehicles and other applications. The company is headquartered in San Jose, California, where it operates research and development facilities and a battery cell pilot production… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-435.05M
+9.0% year over year
Last 12 mo $-404.97M
-37.22%
+4.1 percentage points
Last 12 mo -38.64%
Cash & financing
$-242.47M
+11.7% year over year
Last 12 mo $-236.14M
$-278.75M
+17.2% year over year
Last 12 mo $-272.88M
0.03
Was 0.03× a year earlier
Last 12 mo 0.03
576.0M
+13.4% year over year
Last 12 mo 614.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What QuantumScape Corp does

In the company’s own words

QuantumScape Corporation (Nasdaq: QS) is a developer of next-generation solid-state lithium-metal battery technology designed for electric vehicles and other applications. The company is headquartered in San Jose, California, where it operates research and development facilities and a battery cell pilot production line. QuantumScape's website is www.quantumscape.com.

Founded in 2010, QuantumScape has spent over a decade developing proprietary solid-state battery technology intended to address fundamental limitations of conventional lithium-ion batteries. The company's core innovation is a ceramic solid-state electrolyte-separator that enables lithium-metal anodes while suppressing dendrite formation at automotive power densities. This technology is designed to deliver greater energy density, faster charging capability, enhanced safety, and improved cycle life compared to traditional lithium-ion batteries.

The company's first planned commercial product is the QSE-5, a approximately five amp-hour solid-state lithium-metal battery cell with measured performance exceeding 800 Wh/L volumetric energy density and capable of charging from ten to eighty percent capacity in approximately fifteen minutes. In 2024, QuantumScape began producing low volumes of B-sample cells for automotive customer testing. In 2025, the company demonstrated its technology powering a Ducati electric motorcycle at an industry event.

QuantumScape maintains a strategic partnership with Volkswagen Group, which has invested approximately $380 million in the company since 2012. In July 2024, QuantumScape entered into a collaboration agreement with PowerCo SE, a battery cell company wholly owned by Volkswagen, with the goal of industrializing QSE-5 technology. Under an amended agreement in July 2025, PowerCo committed to contributing up to $130.7 million over two years for development and initial commercialization activities at QuantumScape's pilot production facility.

The company has signed customer sampling, technology evaluation, and joint development agreements with multiple automotive original equipment manufacturers ranging from leading global manufacturers to premium and luxury carmakers. QuantumScape owns or exclusively licenses more than 400 U.S. and foreign patents and patent applications covering material compositions, manufacturing processes, and cell design specific to solid-state lithium-metal batteries.

Company details
Sector
Technology
Industry
Electronic Equipment
Headquarters
SAN JOSE, CA
Fiscal year end
December
CIK
1811414
SIC
3690

Financial performance, year by year

Fiscal 2020–2025 · USD
$-1.85B$-1.35B$-863.88M$-373.14M$117.60M202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns QuantumScape Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

162
funds hold it
0 of 35
superinvestors hold it
$527.66M
held by funds, at market
11.6%
of shares held by funds

Largest fund holders · QuantumScape Corp’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.10%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.04%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.05%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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