QuantumScape (QS) Accumulated Expenses (2019 - 2026)
QuantumScape (QS) recorded Accumulated Expenses of $14.96 million in Q2 2026, down 18.8% from $18.43 million a year earlier and down 3.0% from the prior quarter.
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Analysis
QuantumScape (QS) Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2025, QuantumScape reported Accumulated Expenses of $14.52 million, down 16.8% from FY2024.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 34.0% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $17.45 million in FY2024 (+71.4%), $10.18 million in FY2023 (+36.2%), $7.48 million in FY2022 (+23.0%) and $6.08 million in FY2021 (+81.1%).
- Quarterly Accumulated Expenses has ranged from $4.95 million in Q2 2022 to $72.33 million in Q1 2024 over the past five years.
- On a year-over-year basis, Accumulated Expenses has declined for six consecutive quarters, with an average decline of 8.6% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 710.7% in Q2 2024, against a decline of 72.3% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $15.42 million (Q1 2026), $14.52 million (Q4 2025) and $13.99 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 248.15 Bn | 208.07 Bn | 2.36 Bn |
| 2 | Bloom Energy | 68.75 Bn | 60.54 Bn | 355.57 Mn |
| 3 | First Solar | 18.79 Bn | 9.74 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.38 Bn | 10.68 Bn | 202.31 Mn |
| 5 | Nextpower | 12.31 Bn | 8.20 Bn | 335.85 Mn |
| 6 | Generac Holdings | 11.97 Bn | 10.80 Bn | 521.81 Mn |
| 7 | EnerSys | 6.45 Bn | 4.64 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.22 Bn | -643.57 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.76 Bn | 1.60 Bn | 133.10 Mn |
| 10 | QuantumScape | 2.48 Bn | -1.26 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.96 Mn |
| Mar 31, 2026 | 15.42 Mn |
| Dec 31, 2025 | 14.52 Mn |
| Sep 30, 2025 | 13.99 Mn |
| Jun 30, 2025 | 18.43 Mn |
| Mar 31, 2025 | 22.18 Mn |
| Dec 31, 2024 | 17.45 Mn |
| Sep 30, 2024 | 19.67 Mn |
| Jun 30, 2024 | 66.53 Mn |
| Mar 31, 2024 | 72.33 Mn |
| Dec 31, 2023 | 10.18 Mn |
| Sep 30, 2023 | 10.03 Mn |
| Jun 30, 2023 | 8.21 Mn |
| Mar 31, 2023 | 10.40 Mn |
| Dec 31, 2022 | 7.48 Mn |
| Sep 30, 2022 | 15.22 Mn |
| Jun 30, 2022 | 4.95 Mn |
| Mar 31, 2022 | 8.82 Mn |
| Dec 31, 2021 | 6.08 Mn |
| Sep 30, 2021 | 6.37 Mn |
API Access
QuantumScape Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=QS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "QS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=QS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();