---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-097898"
form_type: "8-K"
ticker: "QS"
cik: "0001811414"
company_name: "QuantumScape Corp"
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:35:23.990579+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# QuantumScape Q2: expands PowerCo deal $131M, new JDA, cash runway to 2029

## Summary
- Expanded PowerCo collaboration: up to $131M additional payments over two years; first milestones (>$10M) achieved.
- Entered joint development agreement with another major global automotive OEM, strengthening commercial pipeline.
- Appointed Dr. Luca Fasoli (ex-Western Digital) as COO; Cobra process now baseline for separator production.
- Q2 GAAP net loss $114.7M ($0.20/share); adjusted EBITDA loss $63.0M; capex $8.3M.
- Ended Q2 with $797.5M liquidity; full-year adjusted EBITDA loss guidance narrowed to $250-270M; cash runway into 2029.

## SEC filing metadata
- accession: 0000950170-25-097898
- form_type: 8-K
- ticker: QS
- cik: 0001811414
- company_name: QuantumScape Corp
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811414/000095017025097898/0000950170-25-097898-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811414/000095017025097898/qs-20250723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-097898
- JSON: https://secwatch.observer/filing/0000950170-25-097898.json
- Plain text: https://secwatch.observer/filing/0000950170-25-097898.txt

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