QuantumScape Corp (NASDAQ:QS) reported financial results and provided a business update for the fourth quarter after the market close on Wednesday. Here’s what you need to know.
- QuantumScape stock is taking a breather. What’s ahead for QS stock?
QuantumScape Beats EPS Estimates In Q4
QuantumScape reported a fourth-quarter loss of 17 cents per share, beating estimates for a loss of 18 cents per share, according to Benzinga Pro.
Capital expenditures were $12.3 million in the fourth quarter and totaled $36.3 million for full-year 2025. Customer billings came in at $19.5 million in 2025. QuantumScape ended the period with $970.8 million in total liquidity.
“We believe we have a diverse group of customer and application opportunities, a robust and growing partner ecosystem, and a differentiated technology platform that is both continuously improving and capturing the benefits of increasing scale,” the company said in a letter to shareholders.
“Even as we face the many challenges still ahead, we are establishing a strong foundation on which to build the future of energy storage.”
QuantumScape set four goals at the beginning of the year and said it completed all of them in 2025, which includes the baseline of the Cobra process, the shipping of Cobra-based QSE-5 cells, the installation equipment for Eagle Line and the expansion of commercial engagements.
QuantumScape said its core focus in 2026 will be to demonstrate scalable production of its solid-state battery technology using the Eagle Line. The company also plans on working closely with global automaker customers to meet requirements and co-develop industrialization strategies for their applications.
QuantumScape executives will further discuss the quarter on an earnings call at 5 p.m. ET.
QS Shares Dip After Hours
QS Price Action: QuantumScape shares were down 2.40% in after-hours, trading at $8.55 at the time of publication on Wednesday, according to Benzinga Pro.
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