---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-047601"
form_type: "8-K"
ticker: "QS"
cik: "0001811414"
company_name: "QuantumScape Corp"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:49:35.422540+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# QS Q1 net loss $120.6M; Alpha-2 prototypes shipped to customers

## Summary
- Q1 net loss $120.6M (vs $104.6M Q1 '23); Adjusted EBITDA loss $76.2M.
- Began shipments of 6-layer Alpha-2 prototype cells to automotive customers in March.
- Alpha-2 shows up to 10C discharge, fast charge <15 min 10-80%, 0.7 atm pressure.
- FY2024 guidance: capex $70-120M, Adj EBITDA loss $250-300M; cash $1.01B runway into H2 2026.
- $24.5M accrued for pending securities class action settlement.

## SEC filing metadata
- accession: 0000950170-24-047601
- form_type: 8-K
- ticker: QS
- cik: 0001811414
- company_name: QuantumScape Corp
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811414/000095017024047601/0000950170-24-047601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811414/000095017024047601/qs-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-047601
- JSON: https://secwatch.observer/filing/0000950170-24-047601.json
- Plain text: https://secwatch.observer/filing/0000950170-24-047601.txt

## Key facts
- Earnings Releases
  QuantumScape Corp reported financial results for first quarter of 2024, which ended March 31.
  - Period: first quarter of 2024, which ended March 31
  - Result: reported results
  source text: On April 24, 2024, QuantumScape Corporation (the “Company”) announced its business and financial results for its first quarter of 2024, which ended March 31.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811414/000095017024047601/0000950170-24-047601-index.htm

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