QuantumScape (NYSE:QS) Announces Earnings Results, Beats Expectations By $0.02 EPS

Posted by Brenda Bartman on Jul 22nd, 2026

QuantumScape (NYSE:QS – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported ($0.16) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.02, Briefing.com reports. During the same quarter in the previous year, the firm earned ($0.20) earnings per share. The firm’s revenue was up .0% compared to the same quarter last year.

Here are the key takeaways from QuantumScape’s conference call:

QuantumScape announced a new multi-year partnership with Honda, adding another top-tier automaker to its commercialization pipeline and expanding its reach beyond Volkswagen PowerCo.
The company said its Eagle Line pilot production line is making strong progress, with core tools above 90% uptime and plans to double cell output in the second half of 2026.
Management highlighted encouraging safety and scalability results for QSE-5, including larger-scale testing that continued to show the cell is significantly safer than conventional and next-generation lithium-ion designs.
QuantumScape is reorganizing into three business verticals—QSEV for EVs, QSDC for AI data centers, and QSAS for aerospace/defense—to broaden its addressable market and tailor go-to-market efforts.
Financially, the company reiterated 2026 Adjusted EBITDA loss guidance of $250 million to $275 million, lowered full-year CapEx guidance to $27 million to $37 million, and ended Q2 with $859 million in liquidity.

QuantumScape Stock Performance

Shares of QS traded down $0.18 during midday trading on Wednesday, reaching $5.87. 29,249,448 shares of the stock were exchanged, compared to its average volume of 19,326,324. The business’s 50-day moving average price is $7.52 and its 200 day moving average price is $7.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 21.14 and a quick ratio of 21.14. QuantumScape has a twelve month low of $5.64 and a twelve month high of $19.07. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of -7.25 and a beta of 2.61.

Insider Activity at QuantumScape

In other news, CFO Kevin Hettrich sold 9,800 shares of QuantumScape stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $7.28, for a total value of $71,344.00. Following the transaction, the chief financial officer directly owned 1,816,257 shares of the company’s stock, valued at $13,222,350.96. The trade was a 0.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Timothy Holme sold 102,991 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $7.28, for a total transaction of $749,774.48. Following the completion of the sale, the chief technology officer owned 1,712,506 shares of the company’s stock, valued at approximately $12,467,043.68. This trade represents a 5.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 737,540 shares of company stock valued at $5,967,115 over the last three months. Corporate insiders own 3.93% of the company’s stock.

Institutional Trading of QuantumScape

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV raised its stake in shares of QuantumScape by 25.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 22,528 shares of the company’s stock worth $235,000 after buying an additional 4,602 shares in the last quarter. US Bancorp DE boosted its stake in shares of QuantumScape by 480.0% in the third quarter. US Bancorp DE now owns 16,775 shares of the company’s stock valued at $207,000 after buying an additional 13,883 shares in the last quarter. Panagora Asset Management Inc. purchased a new stake in shares of QuantumScape in the fourth quarter valued at approximately $206,000. Rafferty Asset Management LLC grew its holdings in QuantumScape by 18.9% during the second quarter. Rafferty Asset Management LLC now owns 27,863 shares of the company’s stock worth $187,000 after acquiring an additional 4,429 shares during the period. Finally, Freestone Grove Partners LP purchased a new position in QuantumScape in the fourth quarter worth $179,000. 29.87% of the stock is owned by hedge funds and other institutional investors.

Key QuantumScape News

Here are the key news stories impacting QuantumScape this week:

Positive Sentiment: QuantumScape beat Q2 earnings expectations, reporting a loss of $0.16 per share versus analyst estimates for a $0.18 loss. The smaller-than-expected loss may support sentiment around cost control and execution. Earnings transcript
Neutral Sentiment: The company reported its second-quarter 2026 business and financial results and said it posted a shareholder letter with more detail on the quarter and business update. Investors are likely focused on whether management provided encouraging progress toward battery commercialization. Business update
Neutral Sentiment: Options activity suggested traders were bracing for an 11% post-earnings move, underscoring how much volatility was expected around the report. Options preview
Negative Sentiment: Revenue was flat year over year, which may remind investors that QuantumScape is still in an early-stage commercialization phase and not yet delivering meaningful top-line growth.

About QuantumScape

(Get Free Report)

QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company’s core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape’s product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.

Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.