Quantumscape Corporation ( (QS) ) has released its Q2 earnings. Here is a breakdown of the information Quantumscape Corporation presented to its investors.
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QuantumScape Corporation is a pioneering company in the energy storage sector, specializing in the development of next-generation solid-state lithium-metal batteries aimed at enhancing energy density, charging speed, and safety for a sustainable future.
In its latest earnings report for the second quarter of 2025, QuantumScape announced significant advancements in its commercial and operational endeavors, highlighted by an expanded collaboration with Volkswagen Group’s battery maker, PowerCo. This expansion involves additional payments of up to $131 million over two years, reflecting the value of QuantumScape’s solid-state technology in the automotive industry.
Key financial metrics from the quarter include a GAAP net loss of $114.7 million and an adjusted EBITDA loss of $63.0 million, aligning with expectations. The company reported capital expenditures of $8.3 million, primarily for facilities and equipment to support increased production. QuantumScape also achieved a milestone by replacing its Raptor process with the more efficient Cobra process, setting the stage for B1-sample shipments this year.
The company continues to strengthen its market position through strategic partnerships, including a new joint development agreement with another major automotive OEM and a collaboration with Murata Manufacturing on ceramics production. These efforts are part of QuantumScape’s broader strategy to accelerate commercialization and validate its technology in real-world applications.
Looking ahead, QuantumScape remains focused on scaling production and achieving its long-term goals, with an extended cash runway forecast into 2029. The company is optimistic about its potential to revolutionize the automotive industry and other emerging markets, while acknowledging the challenges of scaling production and maintaining strategic partnerships.