---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-246801"
form_type: "8-K"
ticker: "QS"
cik: "0001811414"
company_name: "QuantumScape Corp"
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:48:07.172069+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# QuantumScape Q3 net loss narrows to $105.8M; reports first customer billings of $12.8M

## Summary
- Net loss $105.8M ($0.18/shr) vs $119.7M ($0.23/shr) YoY; adjusted EBITDA loss $61.4M.
- First public demo: Ducati V21L with VW Group; began shipping Cobra-based QSE-5 B1 samples.
- FY 2025 adjusted EBITDA guidance narrowed to $245-260M loss; capex lowered to $30-40M.
- Cash and marketable securities $1.0B; cash runway extended through end of decade.
- Customer billings $12.8M in Q3; new JDA with existing customer and new Top-10 OEM engagement.

## SEC filing metadata
- accession: 0001193125-25-246801
- form_type: 8-K
- ticker: QS
- cik: 0001811414
- company_name: QuantumScape Corp
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1811414/000119312525246801/0001193125-25-246801-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811414/000119312525246801/qs-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-246801
- JSON: https://secwatch.observer/filing/0001193125-25-246801.json
- Plain text: https://secwatch.observer/filing/0001193125-25-246801.txt

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