QuantumScape Corp
QSNasdaqTechnology · Miscellaneous Electrical Machinery, Equipment & Supplies · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | −$472.6M | −$525.2M | −$479.0M | −$420.6M | −$215.3M | −$81.0M |
| Net income | −$435.1M | −$477.9M | −$445.1M | −$411.9M | −$46.0M | −$1.10B |
| Total assets | $1.31B | $1.32B | $1.50B | $1.48B | $1.72B | $1.07B |
| Total liabilities | $139.2M | $164.5M | $161.8M | $155.9M | $107.1M | $23.6M |
| Equity | $1.17B | $1.16B | $1.34B | $1.32B | $1.61B | $1.04B |
| EPS (diluted) | $-0.76 | $-0.94 | $-0.96 | $-0.95 | $-0.52 | $-6.67 |
| Shares out. | 576.0M | 508.1M | 462.2M | 95.4M | 409.5M | 23.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- −37.2%
- Return on assets
- −33.3%
- Return on capital (ROCE)
- −37.9%
- Liabilities / assets
- 10.6%
- Debt / equity
- 0.12×
- Book value / share
- $2.03
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 1.55grey zone
- Accruals / assets
- −14.7%clean
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 warning● 2 good- Negative operating cash flow
- Altman Z″ in the grey zone
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 96.0M | 3.8 | -2.2% |
| Apr 30, 2026 | 98.2M | 3.0 | +4.2% |
| Apr 15, 2026 | 94.2M | 9.7 | +5.8% |
| Mar 31, 2026 | 89.0M | 9.7 | +5.9% |
| Mar 13, 2026 | 84.0M | 7.8 | +2.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsApr 22, 2026
- Director / officer changeMar 5, 2026
- Results of operationsFeb 11, 2026
- Director / officer changeFeb 10, 2026
- Director / officer changeJan 30, 2026
- Delisting / listing-standard notice · Regulation FD disclosureDec 10, 2025
- Entered a material agreementDec 8, 2025
- Results of operationsOct 22, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 4PRIMARY DOCUMENTMay 22, 2026
- 4PRIMARY DOCUMENTMay 22, 2026
- 144May 21, 2026
- 4PRIMARY DOCUMENTMay 20, 2026
- 4PRIMARY DOCUMENTMay 20, 2026
- 4PRIMARY DOCUMENTMay 20, 2026
- 4PRIMARY DOCUMENTMay 20, 2026
- 4PRIMARY DOCUMENTMay 20, 2026
- 4PRIMARY DOCUMENTMay 20, 2026
- 144May 20, 2026
- 144May 18, 2026
- 144May 18, 2026
- 144May 18, 2026
- 144May 18, 2026
- 144May 18, 2026