QS · NASDAQ · Auto - Parts

QuantumScape

Develops QSE-5 solid-state lithium-metal battery technology for electric vehicles.

$5.65
After-hours close+0.04 (+0.70%)
At close$5.61(−4.92%)
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Profile

QuantumScape CorporationQSConsumer Discretionary

Develops QSE-5 solid-state lithium-metal batteries and ceramic separators for electric vehicles and other applications. Its capital-light model transfers manufacturing technology to licensing partners, with PowerCo central to industrialisation.

QSE-5 is the first targeted commercial product, built around a proprietary ceramic separator for solid-state lithium-metal batteries. The development program has progressed to low-volume B-sample production, automotive customer shipments, and shipments of Cobra-based QSE-5 cells.

Engineering and pilot-line work are concentrated in San Jose, while partners are intended to scale manufacturing through technology-transfer and licensing arrangements. PowerCo is the key disclosed industrialisation partner under a prospective non-exclusive, royalty-bearing licence.

Larger-scale manufacturing depends on product quality, consistency, reliability, throughput, safety, customer qualification, and technology-transfer milestones before partners manufacture and sell QSE-5-based batteries.

Company facts

CEODr. Siva Sivaram
ListedNov 25, 2020
ExchangeNASDAQ
HeadquartersSan Jose, CA
CountryUnited States
Employees700
CIK0001811414
ISINUS74767V1098

Key statistics

Market cap$3.45B
EPS (ttm)−$0.6700
P/E (ttm)−8.37
ROE-35.7%
P/B3.29
P/S0.00
Dividend yield
Beta3.39vs XLY 0.14

Year to date −49.3% · Average volume (30d) 22.4M

Analysts

Price target, next 12 months$9.25+64.9%Median of 11 analysts · vs the Aug 28 close
ConsensusHold0 of 11 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Feb 19, 2026HSBCUpgradeReduceHold
Feb 18, 2026HSBCTarget$10.50$8.30
Feb 18, 2026Morgan StanleyReiterateEqual Weight$4$8.50
Feb 12, 2026Robert W. BairdTarget$12
Nov 24, 2025Evercore ISITarget$12

Earnings

EPS

Estimate−$0.18
ReportedDue Oct 28, 2026

Revenue

Estimate$1.0M
ReportedDue Oct 28, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 22, 2026Q2 FY26−$0.18−$0.16+9.5%$2.43B−12.78%
Apr 22, 2026Q1 FY26−$0.18−$0.16+11.1%$1.0M+1.37%
Feb 11, 2026Q4 FY25−$0.16−$0.17−6.3%$1.9M−11.90%
Oct 22, 2025Q3 FY25−$0.18−$0.180.0%+7.95%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0
Gross profit−$18.3M−$19.5M−$14.2M−$15.4M−$14.8M−$13.4M
Operating income−$123.6M−$123.6M−$115.0M−$110.5M−$109.2M−$106.1M
Net income−$114.4M−$114.7M−$105.8M−$100.1M−$100.8M−$98.2M
Diluted EPS−$0.21−$0.20−$0.18−$0.17−$0.16−$0.16
Gross margin
Operating margin

Fiscal years (4-quarter sums)FY21 $0 · FY22 $0 · FY23 $0 · FY24 $0 · FY25 $0

Balance sheet, Jun 30, 2026Cash & short-term investments $859.0M · Total debt $67.1M · Total assets $1.17B · Shareholders' equity $1.05B

Dividends

No dividends on record.

Ownership

Institutions 35.18%216.38M sharesInsiders 5.70%35.05M sharesOther 59.12%363.71M shares

Shares outstanding 615.15M · Float 503.87M · 81.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.28.56M4.64%13FAug 7, 2026
Vanguard Capital Management LLC21.12M3.43%13FAug 13, 2026
Vanguard Portfolio Management LLC18.73M3.04%13FAug 13, 2026
Capricorn Investment Group LLC11.50M1.87%13FAug 14, 2026
Dipender Saluja · director10.29M1.67%Form 4Jun 5, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 21, 2026Timothy Holmeofficer: CHIEF TECHNOLOGY OFFICER−12,723$6.01
Aug 19, 2026Timothy Holmeofficer: CHIEF TECHNOLOGY OFFICER−41,876$5.76
Jul 2, 2026Kevin Hettrichofficer: CHIEF FINANCIAL OFFICER−9,800$7.28
Jul 2, 2026Timothy Holmeofficer: CHIEF TECHNOLOGY OFFICER−137,245$7.28
Jun 22, 2026Kevin Hettrichofficer: CHIEF FINANCIAL OFFICER−9,800$7.94
View details

Peers

  • Toyota Motor (ADR)

    All-solid-state EV batteries targeted for 2027–28 commercialization

  • Solid Power

    Sulfide solid-electrolyte supplier and cell-design licensor for EVs

  • S.E.S. AI

    Li-metal battery developer for electric transportation

CompareAfter-hours close

CompanyPriceChange
QuantumScape$5.65+0.70%$3.45B
Toyota Motor (ADR)$194.76+0.09%$230.30B8.713.70.7+0.1%
Solid Power$2.31−1.07%$524.2M51.2−115.7%
S.E.S. AI$0.5280+1.13%$190.3M8.1+44.6%
Median8.713.78.1+0.1%