QuantumScape's Loss Narrows, Sets Higher Capex Target for FY26

Tiger Newspress
Feb 12

Shares of QuantumScape were pinned down in Wednesday’s late trading, pressured by the company’s most recent quarterly results, which showed a modest beat on profit expectations but again showed no revenue generated from its core business.

Moreover, the company expects to increase investment in scaling production of its solid-state battery using the Eagle Line but did not outline any revenue guidance for FY26 or new OEM partnerships, instead setting a vague set of “ambitious goals to bring our revolutionary technology to market.”

QuantumScape also plans to increase capex in 2026 to between $40M and $60M versus $36.3M in 2025.

By trimming its operating expenses by 14%, the company narrowed its loss per share to $0.17 from a loss of $0.22 per share, a penny better than expected.

The company’s inaugural customer billings—a measure of future cash inflows and not a substitute for revenue—totaled $19.5M in 2025.

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