QuantumScape Q2 2026 Results
QuantumScape Corporation (NASDAQ: QS) reported a second‑quarter GAAP net loss of $98.2 million, an improvement from the $114.7 million loss recorded in the same quarter last year. On an adjusted basis, the company posted an EBITDA loss of $64.2 million, which was in line with analyst expectations. The loss per share was $0.16, beating the consensus estimate of $0.18, yet the stock fell 3.8 % in after‑hours trading.
The firm reaffirmed its full‑year adjusted EBITDA loss guidance of $250 million to $275 million, with the midpoint of $262.5 million unchanged. Capital expenditure guidance for the full year was lowered to a range of $27 million to $37 million, reflecting a focus on capital discipline and cost savings on specific projects; quarter‑end capital spending amounted to $4.6 million.
Liquidity at the end of the quarter stood at $859.0 million. Customer billings for the quarter totaled $10.8 million.
Strategically, QuantumScape announced a multi‑year partnership with Honda, disclosed on 18 June, to advance its solid‑state lithium‑metal battery technology for automotive and other applications. The company also updated its collaboration with Volkswagen PowerCo, amending milestones to concentrate on automotive cell development and larger‑format cells.
Operationally, QuantumScape has organized its activities into three verticals: QSEV for electric‑vehicle batteries, QSDC for AI data‑center solutions, and QSAS for aerospace and defense applications. During the quarter the company shipped cells to an additional automotive OEM customer and engaged original‑design manufacturers for AI data‑center solutions.
Dr. Siva Sivaram, President and CEO, reiterated the mission to revolutionize energy storage and noted the broader significance of the company’s work.