---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-015241"
form_type: "8-K"
ticker: "QS"
cik: "0001811414"
company_name: "QuantumScape Corp"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:33:35.726721+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# QuantumScape Q4 net loss $113M; appoints Siva Sivaram CEO; cash runway to H2 2026

## Summary
- Net loss of $113.4M in Q4 2023, $445.1M for FY2023; operating expenses $124.6M and $479.0M respectively.
- Ended 2023 with $1.07B liquidity; cash runway extended into second half of 2026, two quarters beyond prior estimate.
- Dr. Siva Sivaram appointed CEO, replacing Jagdeep Singh who remains Chairman; previously President of QuantumScape.
- 2024 goals: ship Alpha-2 sample cells, ramp Raptor separator process, begin low-volume QSE-5 B0 prototype production.
- FY2024 guidance: capex $70M–$120M; Adjusted EBITDA ($250M)–($300M); maintains focus on commercialization timeline.

## SEC filing metadata
- accession: 0000950170-24-015241
- form_type: 8-K
- ticker: QS
- cik: 0001811414
- company_name: QuantumScape Corp
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811414/000095017024015241/0000950170-24-015241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811414/000095017024015241/qs-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-015241
- JSON: https://secwatch.observer/filing/0000950170-24-015241.json
- Plain text: https://secwatch.observer/filing/0000950170-24-015241.txt

## Key facts
- Earnings Releases
  QuantumScape Corp reported financial results for its fiscal quarter and fiscal year ended December 31, 2023.
  - Period: its fiscal quarter and fiscal year ended December 31, 2023
  - Result: reported results
  source text: On February 14, 2024, QuantumScape Corporation (the "Company") announced its business and financial results for its fiscal quarter and fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811414/000095017024015241/0000950170-24-015241-index.htm

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