---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-014836"
form_type: "8-K"
ticker: "QS"
cik: "0001811414"
company_name: "QuantumScape Corp"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T13:30:11.162700+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# QuantumScape Q1 net loss $104.6M; technical progress on high-loading cathodes and customer testing

## Summary
- Net loss $104.6M ($0.24/share) vs $90.4M ($0.21) in Q1 2022; operating expenses $110M.
- Cash operating expenses $63M; capex $28M; liquidity over $1B; FY2023 guidance reaffirmed.
- 24-layer A0 prototype testing complete at automotive customer; capacity loss <1% per 100 cycles; reliability improvements underway.
- Demonstrated two-layer unit cells with >5 mAh/cm2 cathode loading cycling at 1C for >800 cycles at room temperature.
- First commercial product target: 24-layer ~5 Ah cell; fast separator production first stage installation underway.

## SEC filing metadata
- accession: 0000950170-23-014836
- form_type: 8-K
- ticker: QS
- cik: 0001811414
- company_name: QuantumScape Corp
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811414/000095017023014836/0000950170-23-014836-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811414/000095017023014836/qs-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-014836
- JSON: https://secwatch.observer/filing/0000950170-23-014836.json
- Plain text: https://secwatch.observer/filing/0000950170-23-014836.txt

## Key facts
- Earnings Releases
  QuantumScape Corp reported financial results for first quarter of 2023, which ended March 31.
  - Period: first quarter of 2023, which ended March 31
  - Result: reported results
  source text: On April 26, 2023, QuantumScape Corporation (the “Company”) announced its business and financial results for its first quarter of 2023, which ended March 31.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811414/000095017023014836/0000950170-23-014836-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.