QS - QuantumScape Corporation
Price:
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--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$9.60
DETAILS
HIGH:
$12.00
LOW:
$8.30
MEDIAN:
$8.50
CONSENSUS:
$9.60
UPSIDE:
17.07%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 73.2 | 57.8 | 42.0 | 36.1 | 14.7 | 8.1 | 6.7 | 0 |
| Gross Profit | (73.2) | (57.8) | (42.0) | (36.1) | (14.7) | (8.1) | (6.7) | 0 |
| Operating Expenses | ||||||||
| R&D Expenses | 375.6 | 311.8 | 284.5 | 269.2 | 140.3 | 58.3 | 40.4 | 35.6 |
| SG&A Expenses | 97.0 | 142.2 | 131.1 | 115.3 | 60.3 | 14.7 | 8.7 | 9.3 |
| Other Expenses | (73.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 |
| Operating Expenses | 399.4 | 454.1 | 415.5 | 384.5 | 200.6 | 72.9 | 49.1 | 45.5 |
| Operating Income | ||||||||
| Operating Income | (472.6) | (511.9) | (457.5) | (420.6) | (215.3) | (81.0) | (55.8) | (45.5) |
| Interest Expense | 2.0 | 2.2 | 2.4 | 2.4 | 1.4 | 20.8 | 0.1 | 0 |
| Interest Income | 38.6 | 46.0 | 36.5 | 10.9 | 1.9 | 1.1 | 3.6 | 0.6 |
| Profitability | ||||||||
| EBITDA | (358.2) | (417.9) | (400.7) | (373.4) | (29.9) | (1,652.9) | (44.5) | (36.8) |
| EBIT | (431.5) | (475.7) | (442.7) | (409.5) | (44.6) | (1,661.0) | (51.3) | (42.5) |
| Income Before Tax | (433.5) | (477.9) | (445.1) | (411.9) | (46.0) | (1,681.8) | (51.3) | (44.1) |
| Income Tax Expense | 1.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 |
| Net Income | (435.1) | (477.9) | (445.1) | (411.9) | (46.0) | (1,681.8) | (51.3) | (44.1) |
| Per Share Data | ||||||||
| EPS (Basic) | -0.76 | -0.94 | -0.96 | -0.95 | -0.12 | -6.67 | -0.21 | -3.97 |
| EPS (Diluted) | -0.76 | -0.94 | -0.96 | -0.95 | -0.52 | -6.67 | -0.21 | -3.97 |
| Shares Outstanding | 576.0 | 508.1 | 462.2 | 433.0 | 404.3 | 252.1 | 239.6 | 11.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 230.5 | 140.9 | 142.5 | 235.4 | 320.7 | 113.2 | 22.8 | 31.1 |
| Short-Term Investments | 740.3 | 769.9 | 928.3 | 826.3 | 1,127.0 | 884.3 | 107.1 | 148.2 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 11.5 | 12.7 | 10.6 | 0 | 0 | 0 | 0 |
| Total Current Assets | 981.6 | 922.3 | 1,083.5 | 1,072.3 | 1,463.4 | 1,009.2 | 131.2 | 179.9 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 304.9 | 373.7 | 394.2 | 384.7 | 234.0 | 55.4 | 38.4 | 28.7 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 21.6 | 26.4 | 24.3 | 18.4 | 18.2 | 2.2 | 2.8 | 2.6 |
| Total Non-Current Assets | 326.5 | 400.1 | 418.5 | 403.1 | 252.2 | 57.6 | 41.2 | 31.3 |
| Total Assets | 1,308.2 | 1,322.4 | 1,502.0 | 1,475.4 | 1,715.6 | 1,066.8 | 172.4 | 211.2 |
| Current Liabilities | ||||||||
| Account Payables | 11.8 | 6.5 | 13.0 | 21.4 | 14.2 | 5.4 | 2.9 | 0.8 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 1.1 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 32.2 | 26.0 | 13.1 | 9.1 | 2.4 | 0.9 | 4.3 |
| Total Current Liabilities | 61.5 | 64.9 | 57.1 | 46.8 | 30.6 | 12.3 | 7.2 | 5.1 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.4 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 14.9 | 14.9 | 12.0 | 8.5 | 0.3 | 689.7 | 2.3 | 1.1 |
| Total Non-Current Liabilities | 77.6 | 99.7 | 104.7 | 109.1 | 76.5 | 700.9 | 14.8 | 11.4 |
| Total Liabilities | 139.2 | 164.5 | 161.8 | 155.9 | 107.1 | 713.3 | 22.0 | 16.5 |
| Stockholders' Equity | ||||||||
| Common Stock | 1,169.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 0 | (3,358.5) | (2,880.7) | (2,435.5) | (2,023.6) | (1,977.6) | (295.9) | (246.1) |
| Accumulated Other Comprehensive Income | 0 | 0.4 | (2.9) | (17.9) | (4.2) | (0.0) | 0.1 | (0.0) |
| Total Stockholders' Equity | 1,169.0 | 1,157.8 | 1,338.4 | 1,317.8 | 1,606.9 | 351.8 | 148.7 | 193.0 |
| Total Liabilities & Equity | 1,308.2 | 1,322.4 | 1,502.0 | 1,475.4 | 1,715.6 | 1,066.8 | 172.4 | 211.2 |
| Debt Metrics | ||||||||
| Total Debt | 71 | 93.5 | 100.6 | 105.4 | 77.4 | 12.5 | 13.5 | 10.4 |
| Net Debt | (159.5) | (47.3) | (41.9) | (130.0) | (243.3) | (100.8) | (9.3) | (20.7) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (435.1) | (477.9) | (445.1) | (411.9) | (46.0) | (1,681.8) | (51.3) | (44.1) |
| Depreciation & Amortization | 73.2 | 65.8 | 49.7 | 36.1 | 14.7 | 8.1 | 5.9 | 5.7 |
| Stock-Based Compensation | 127.5 | 144.7 | 166.3 | 127.1 | 52.2 | 17.0 | 6.8 | 5.9 |
| Change in Working Capital | (11.7) | 8.8 | (14.1) | 12.1 | 7.1 | (8.3) | (1.2) | (0.2) |
| Other Non-Cash Items | 3.6 | (15.9) | 3.1 | 18.5 | (155.9) | 1,603.7 | (2.0) | (3.0) |
| Operating Cash Flow | (242.5) | (274.6) | (240.0) | (218.0) | (127.9) | (61.3) | (41.7) | (35.7) |
| Investing Activities | ||||||||
| Capital Expenditure | (36.3) | (62.1) | (84.5) | (158.8) | (127.2) | (24.1) | (9.8) | (7.4) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | (1,295.1) | (1,111.0) | (569.6) | (1,376.9) | (891.6) | (196.4) | 0 |
| Sales/Maturities of Investments | 0 | 1,486.1 | 1,043.0 | 852.5 | 1,118.3 | 113.0 | 239.5 | 0 |
| Other Investing Activities | 51.2 | 0 | 0 | 0 | 0 | 0 | 0 | (67.3) |
| Investing Cash Flow | 14.9 | 128.9 | (152.5) | 124.1 | (385.8) | (802.6) | 33.3 | (74.7) |
| Financing Activities | ||||||||
| Net Debt Issuance | (3.2) | (2.9) | (2.0) | (0.8) | 5.5 | 0 | 0 | (0.6) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (4.2) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 19.5 | 18.4 | 14.0 | 0 | 168.2 | 677.5 | 0 | 125.5 |
| Financing Cash Flow | 312.8 | 144.0 | 300.2 | 8.6 | 736.6 | 953.7 | 0.4 | 120.8 |
| Cash Position | ||||||||
| Net Change in Cash | 89.7 | (1.7) | (92.3) | (85.3) | 222.8 | 89.8 | (8.0) | 10.3 |
| Cash at Beginning | 140.9 | 160.6 | 252.9 | 338.2 | 115.4 | 25.6 | 33.6 | 23.3 |
| Cash at End | 230.5 | 158.9 | 160.6 | 252.9 | 338.2 | 115.4 | 25.6 | 33.6 |
| Free Cash Flow | (278.8) | (336.7) | (324.5) | (376.9) | (255.1) | (85.4) | (51.6) | (43.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (73.2) | (57.8) | (42.0) | (36.1) | (14.7) | (8.1) | (6.7) | 0 |
| Operating Income | (472.6) | (511.9) | (457.5) | (420.6) | (215.3) | (81.0) | (55.8) | (45.5) |
| Net Income | (435.1) | (477.9) | (445.1) | (411.9) | (46.0) | (1,681.8) | (51.3) | (44.1) |
| EPS (Diluted) | -0.76 | -0.94 | -0.96 | -0.95 | -0.52 | -6.67 | -0.21 | -3.97 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 230.5 | 140.9 | 142.5 | 235.4 | 320.7 | 113.2 | 22.8 | 31.1 |
| Total Assets | 1,308.2 | 1,322.4 | 1,502.0 | 1,475.4 | 1,715.6 | 1,066.8 | 172.4 | 211.2 |
| Total Debt | 71 | 93.5 | 100.6 | 105.4 | 77.4 | 12.5 | 13.5 | 10.4 |
| Stockholders' Equity | 1,169.0 | 1,157.8 | 1,338.4 | 1,317.8 | 1,606.9 | 351.8 | 148.7 | 193.0 |
| Cash Flow | ||||||||
| Operating Cash Flow | (242.5) | (274.6) | (240.0) | (218.0) | (127.9) | (61.3) | (41.7) | (35.7) |
| Capital Expenditure | (36.3) | (62.1) | (84.5) | (158.8) | (127.2) | (24.1) | (9.8) | (7.4) |
| Free Cash Flow | (278.8) | (336.7) | (324.5) | (376.9) | (255.1) | (85.4) | (51.6) | (43.1) |