QuantumScape Corporation (QS)
QuantumScape is a technology company racing to develop solid-state batteries that could help electric vehicles charge faster and drive further.
Is QuantumScape Corporation a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Pioneering technology that could solve major electric vehicle limitations. Worth weighing: No current revenue or profit.
What does QuantumScape Corporation do?
QuantumScape is essentially a research and development powerhouse focused on replacing the liquid batteries found in today's electric cars with a solid-state alternative. Because they are still in the testing phase and haven't started mass-producing batteries for sale, they aren't making any profit yet. How quickly they move from laboratory prototypes to reliable, large-scale manufacturing will be telling.
On our factor screen it looks strongest on value and quality, and weakest on momentum.
- !Pays no dividend - the whole return rides on the share price
- ✓Low debt - a sturdier balance sheet
- Value screens high
- Quality screens low
- Momentum screens low
- Income screens low
Does QuantumScape Corporation pay a dividend?
No - QuantumScape Corporation doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
Does QuantumScape Corporation have more cash or more debt?
It holds about $859.00M in cash against about $67.12M of debt - so it has net cash of about $791.88M. More cash than debt is a cushion: it does not need to borrow just to cover what it owes.
From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.
What do QuantumScape Corporation's numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has QuantumScape Corporation actually fallen?
Over the last 2 years of daily prices, QuantumScape Corporation fell as much as −74% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns QuantumScape Corporation?
About 43% of QuantumScape Corporation, or about 43 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 13%. The rest, roughly 44%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does QuantumScape Corporation make?
Revenue and profit by quarter, and how much of each sale turns into profit.
When does QuantumScape Corporation report earnings, and how did recent quarters go?
QuantumScape Corporation is next scheduled to report on about 2026-10-21 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-22 | $-0.18 | $-0.16 | Beat +10% |
| 2026-04-22 | $-0.17 | $-0.16 | Beat +7% |
| 2026-02-11 | $-0.17 | $-0.17 | Beat +1% |
| 2025-10-22 | $-0.20 | $-0.18 | Beat +9% |
| 2025-07-23 | $-0.18 | $-0.20 | Missed -8% |
| 2025-04-23 | $-0.19 | $-0.21 | Missed -10% |
Across the last 6 quarters here, QuantumScape Corporation came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for QuantumScape Corporation?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Commercial production begins and batteries are adopted by major brands
Technology fails to become commercially viable
What are the pros and cons of QuantumScape Corporation?
A balance check, not a score or verdict.
- Pioneering technology that could solve major electric vehicle limitations
- High potential for disruption in the automotive industry
- Strong interest from major automotive partners
- No current revenue or profit
- High cash burn rate to fund research
- Significant share price volatility
- The technology may never reach mass-market production
- Competitors could develop better or cheaper alternatives
- The company may need to raise more money, which can dilute existing shareholders
The write-up's own warning lights — if these start happening, the case above changes.
- The company announces it has successfully begun mass production of its batteries
- A major car manufacturer cancels its partnership agreement
Common questions about QuantumScape Corporation
Does QuantumScape Corporation pay a dividend?
No - QuantumScape Corporation does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.
When does QuantumScape Corporation report earnings next?
QuantumScape Corporation is next scheduled to report results on about 2026-10-21. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.