QuantumScape Corp: Beat — EPS -$0.14

QSQuantumScape Corp•Q3 2026•Oct 21, 2026, 4:18 PM EDT
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Earnings BeatQ3 2026 · After-market
@trystockwhiz

Did QuantumScape Corp (QS) beat earnings today?

Yes, QuantumScape Corp (QS) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS.

Earnings Per Share+17.65% surprise
-$0.14Actual
Expected: -$0.17
vs. year ago +22.2%
Released Oct 21 · 4:18 PM ET

Earning Report

MetricQ3 2026Q3 2025YoY Change %
Net Loss($84.48M)($105.82M)-
Basic/Diluted EPS-$0.14-$0.18-

Financial Outlook / Guidance

MetricNext Quarter OutlookFY 2026 Outlook
Adjusted EBITDA Loss—$250M-$275M
Capital Expenditures—$27M-$37M

Business Highlights

  • ➤Inaugurated the Eagle Line pilot cell production line in February.
  • ➤Partnered with Muehlbauer Group for cell assembly equipment.
  • ➤Planned 100-MWh commercial-scale QS cell production line targets 2028 start.
  • ➤Launched QS PowerBlock for AI data centers at the OCP Global Summit.
  • ➤PowerBlock testing demonstrated 4x power density and 5x longer runtime than OCP reference specifications.
  • ➤QSE-5 cells validated as thermally stable well over 300 °C in Q3 testing.
  • ➤Recorded first customer billings under the Honda joint-development agreement.
  • ➤Signed an agreement with a new global mobility-manufacturing customer.
  • ➤Shipped QSE-5 samples to defense, aviation and telecommunications customers.
  • ➤Eagle Line is fully operational and producing increased QSE-5 cell volumes.
  • ➤Announced production-flow partnerships with Murata, Corning and Muehlbauer.