QuantumScape reports Q4 net loss $114.7M, FY2024 net loss $477.9M; cash runway into H2 2028

QuantumScape Corp

2024-FY EPS reported -$0.94

Q4 2024 GAAP net loss $114.7M ($0.22/share); GAAP operating expenses $128.7M.
Full-year 2024 GAAP net loss $477.9M; Adjusted EBITDA loss $285M, within guidance.
Cash and marketable securities $910.8M; ATM program raised $128.5M; runway extended to H2 2028.
2025 guidance: capex $45M-$75M, Adjusted EBITDA loss $250M-$280M.
Milestones: QSE-5 B0 samples produced (844 Wh/L, 12-min fast charge); Cobra equipment released; PowerCo JV team 150+ people.

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