---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-057423"
form_type: "8-K"
ticker: "QS"
cik: "0001811414"
company_name: "QuantumScape Corp"
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:21:19.593190+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# QS Q1 net loss $114.4M; Cobra separator baseline in Q2 ahead of schedule

## Summary
- Q1 net loss $114.4M ($0.21/share), vs $120.6M loss year ago; Adj. EBITDA -$64.6M.
- Cobra separator process ahead of schedule, expected baseline in Q2; Raptor exceeding yield/quality benchmarks.
- Cash, cash equivalents & marketable securities $860.3M; cash runway into H2 2028.
- Shipped QSE-5 samples to launch customer for integration/testing; B1 sample shipments on track for 2025.
- Framework agreement with Murata Manufacturing to explore collaboration on ceramics production.

## SEC filing metadata
- accession: 0000950170-25-057423
- form_type: 8-K
- ticker: QS
- cik: 0001811414
- company_name: QuantumScape Corp
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811414/000095017025057423/0000950170-25-057423-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811414/000095017025057423/qs-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-057423
- JSON: https://secwatch.observer/filing/0000950170-25-057423.json
- Plain text: https://secwatch.observer/filing/0000950170-25-057423.txt

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