secwatch.observer — SEC 8-K summary
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Issuer:     QuantumScape Corp (QS)
CIK:        0001811414
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001193125-26-046623
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuantumScape Q4 net loss $100M, FY25 adj. EBITDA loss $252M; Eagle Line operational, first customer billings $19.5M
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- Net loss Q4 $100.1M ($0.17/share), FY25 $435.1M ($0.76/share); Adjusted EBITDA loss FY25 $252.3M, in guidance, 10% YoY improvement.
- First customer billings of $19.5M in FY25; Cobra process baseline integrated; QSE-5 cells shipped to VW Group; Eagle Line inaugurated Feb 4, 2026.
- Added two global automotive OEM customers and expanded PowerCo arrangement; partnered with Murata and Corning for ceramics expertise.
- 2026 outlook: Adjusted EBITDA loss $250M-$275M, capex $40M-$60M, prioritize Eagle Line scale-up and automotive commercialization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811414/000119312526046623/0001193125-26-046623-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811414/000119312526046623/qs-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-046623

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer