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AI brief of an SEC Form 8-K · QuantumScape Corp (QS)

QuantumScape Q3 net loss narrows to $84.5 million; full-year guidance reiterated

Positive Impact 3 of 5 earnings Written later

QuantumScape reported third-quarter 2026 results, with a GAAP net loss of $84.5 million, down from $105.8 million a year earlier, and a loss of $0.14 per share versus $0.18. The company reiterated its full-year 2026 Adjusted EBITDA loss guidance of $250 million to $275 million and capital expenditure guidance of $27 million to $37 million, and it ended the quarter with $819.8 million in liquidity.

Key points

  • Q3 2026 GAAP net loss was $84.5 million, compared with $105.8 million in Q3 2025; loss per share was $0.14 versus $0.18.
  • Q3 operating expenses were $92.4 million, down from $115.0 million a year earlier.
  • Adjusted EBITDA loss was $60.7 million in Q3 2026, compared with $61.4 million in Q3 2025.
  • Q3 customer billings were $9.8 million; the company said billings are not a substitute for revenue under U.S. GAAP.

The filing

CompanyQuantumScape Corp (QS)
Form8-K, current report
Filed with the SECOct 21, 2026, 4:18 PM ET
Accession number0001193125-26-427862

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.