QuantumScape (NYSE:QS) Posts Earnings Results, Beats Estimates By $0.02 EPS

QuantumScape (NYSE:QS) posted its quarterly earnings data on Wednesday. The company reported ($0.16) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.02, Briefing.com reports. The company had revenue of $29.52 million during the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the firm earned ($0.20) earnings per share. QuantumScape’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 Price Performance

Shares of NYSE QS opened at $5.87 on Thursday. QuantumScape has a twelve month low of $5.64 and a twelve month high of $19.07. The firm has a fifty day simple moving average of $7.47 and a 200 day simple moving average of $7.77. The company has a market capitalization of $3.61 billion, a PE ratio of -7.25 and a beta of 2.61. The company has a quick ratio of 21.14, a current ratio of 21.14 and a debt-to-equity ratio of 0.02.

More QuantumScape News

Here are the key news stories impacting QuantumScape this week:

• Positive Sentiment: QuantumScape reported Q2 EPS of -$0.16, which beat the consensus estimate of -$0.18 by $0.02, showing some bottom-line improvement versus expectations. Article Title
• Neutral Sentiment: The company also reported $29.52 million in quarterly revenue and provided a business update, but investors are still waiting for clearer evidence that its solid-state battery technology is moving closer to meaningful commercial adoption. Article Title
• Neutral Sentiment: Several reports highlighted that options traders were expecting an approximately 11% post-earnings move, signaling elevated uncertainty ahead of the results. Article Title
• Negative Sentiment: Despite the earnings beat, coverage suggests the market is reacting to narrowing net losses but nearly flat adjusted EBITDA, implying only limited improvement in operating performance. Article Title
• Negative Sentiment: Investors were also looking for more detailed commercialization updates, and the lack of a clear near-term path to revenue scale appears to be weighing on sentiment around QS. Article Title

Insiders Place Their Bets

In other news, CFO Kevin Hettrich sold 9,800 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Timothy Holme sold 102,991 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $7.28, for a total value of $749,774.48. Following the completion of the transaction, the chief technology officer directly owned 1,712,506 shares in the company, valued at approximately $12,467,043.68. This trade represents a 5.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 737,540 shares of company stock worth $5,967,115 in the last ninety days. Insiders own 3.93% of the company’s stock.

Hedge Funds Weigh In On QuantumScape

Institutional investors and hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. raised its stake in QuantumScape by 685.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock worth $25,000 after buying an additional 3,311 shares during the period. Scarborough Advisors LLC increased its holdings in shares of QuantumScape by 568.9% during the fourth quarter. Scarborough Advisors LLC now owns 6,074 shares of the company’s stock valued at $63,000 after acquiring an additional 5,166 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of QuantumScape during the fourth quarter worth approximately $68,000. Quarry LP bought a new position in shares of QuantumScape in the 3rd quarter worth $115,000. Finally, Blair William & Co. IL acquired a new stake in QuantumScape in the 3rd quarter valued at $124,000. Institutional investors own 29.87% of the company’s stock.

About QuantumScape

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.