earnings
confidence high
sentiment positive
materiality 0.75
QuantumScape Q2 net loss $98.2M; announces Honda partnership, new verticals for AI data centers and defense
QuantumScape Corp
- GAAP net loss $98.2M ($0.16/share); adjusted EBITDA loss $64.2M, in line with guidance.
- Announced multi-year partnership with Honda to advance solid-state battery tech for automotive.
- Established three business verticals: QSEV (EVs), QSDC (AI data centers), QSAS (aerospace/defense).
- Eagle Line ramping; core tool uptime >90%, targeting doubled cell output in H2 2026.
- FY 2026 capex guidance lowered to $27-37M; liquidity $859M; customer billings $10.8M in Q2.