---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-055202"
form_type: "8-K"
ticker: "QS"
cik: "0001811414"
company_name: "QuantumScape Corp"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T11:28:21.812684+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# QuantumScape Q3 net loss $110.6M; top A0 cell achieves >1,000 cycles with >95% retention

## Summary
- GAAP net loss of $110.6M ($0.23/diluted share) vs. $117.7M loss a year ago; cash operating expenses $63.5M.
- Cash runway extended into 2026 after $300M follow-on; liquidity >$1.1B at quarter end.
- Best A0 24-layer prototype cell exceeded 1,000 full cycles at >95% discharge energy retention in customer lab.
- Raptor separator process qualification began; on track for deployment by year-end 2023.
- Dr. Siva Sivaram appointed President; full-year capex guidance revised to $75-100M.

## SEC filing metadata
- accession: 0000950170-23-055202
- form_type: 8-K
- ticker: QS
- cik: 0001811414
- company_name: QuantumScape Corp
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811414/000095017023055202/0000950170-23-055202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811414/000095017023055202/qs-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-055202
- JSON: https://secwatch.observer/filing/0000950170-23-055202.json
- Plain text: https://secwatch.observer/filing/0000950170-23-055202.txt

## Key facts
- Earnings Releases
  QuantumScape Corp reported financial results for its third quarter of 2023, which ended September 30.
  - Period: its third quarter of 2023, which ended September 30
  - Result: reported results
  source text: On October 25, 2023, QuantumScape Corporation (the “Company”) announced its business and financial results for its third quarter of 2023, which ended September 30.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811414/000095017023055202/0000950170-23-055202-index.htm

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