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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›QS›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

QuantumScape Corp (QS) financials

Income statement

QuantumScape Corp (QS) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating income-$55.8M-$81.0M-$215M-$421M-$479M-$525M-$473M
Net income-$51.3M-$1.68B-$46.0M-$412M-$445M-$478M-$435M
EPS (diluted)-$0.21-$6.67-$0.52-$0.95-$0.96-$0.94-$0.76

Cash flow

QuantumScape Corp (QS) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$41.7M-$61.3M-$128M-$218M-$240M-$275M-$242M
Capital expenditures$9.85M$24.1M$127M$159M$84.6M$62.2M$36.3M
Free cash flow-$51.6M-$85.4M-$255M-$377M-$325M-$337M-$279M

Balance sheet

QuantumScape Corp (QS) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$22.8M$113M$321M$235M$143M$141M$231M
Total assets$172M$1.07B$1.72B$1.48B$1.50B$1.32B$1.31B
Total liabilities$22.0M$713M$107M$156M$162M$165M$139M
Shareholders' equity$149M$352M$1.61B$1.32B$1.34B$1.16B$1.17B
Retained earnings-$296M-$1.98B-$2.02B-$2.44B-$2.88B-$3.36B-$3.79B
Shares (wtd avg diluted)240M252M410M433M462M508M576M

Every figure is extracted from QuantumScape Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is QuantumScape Corp's free cash flow?
-$279M in FY2025 (operating cash flow -$242M minus $36.3M of capital expenditures), from the SEC cash-flow statement.
Does QS pay a dividend?
QuantumScape Corp reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full QS analysis — verdict, score & filings →Is QS a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.