earnings
confidence high
sentiment neutral
materiality 0.65
QuantumScape reports Q4 loss of $109M; ships 24-layer A0 prototypes, extends cash runway to H2 2025
QuantumScape Corp
2022-FY EPS reported
-$0.95
- Net loss attributable to common stockholders of $109M in Q4 2022 and $412M for FY2022; no revenue reported.
- Shipped first 24-layer A0 prototype cells to multiple automakers in December 2022; initial tests show good fast charge and capacity retention.
- Separator production run rate of ~5,000 starts per week; new fast separator process expected to triple throughput.
- FY2023 guidance: capex $100–$150M, cash operating expenses $225–$275M; cash runway now extends into H2 2025.
- Zero-pressure single-layer pouch cells surpassed 800 cycles; consumer electronics sampling underway.