QuantumScape (QS) Cash & Equivalents (2019 - 2026)
QuantumScape's Cash & Equivalents was $75.6 million in Q3 2026, down 66.5% from $225.83 million a year earlier and down 43.1% from the prior quarter.
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Analysis
QuantumScape (QS) Cash & Equivalents (2019 - 2026) Analysis & Trends
At the end of FY2025, Cash & Equivalents at QuantumScape came in at $230.52 million, up 63.6% from FY2024.
- Cash & Equivalents shows a five-year compound annual growth rate of 15.3% (FY2020 to FY2025).
- In earlier years, Cash & Equivalents was $140.87 million in FY2024 (-1.2%), $142.52 million in FY2023 (-39.5%), $235.39 million in FY2022 (-26.6%) and $320.7 million in FY2021 (+183.3%).
- The Q3 2026 figure marks the lowest quarterly Cash & Equivalents since Q3 2020.
- Compared with a year earlier, Cash & Equivalents has declined for three straight quarters, with an average decline of 4.5% over the last eight quarters.
- The best year-over-year quarter for Cash & Equivalents over five years was Q4 2021 (growth of 183.3%); the worst was Q3 2026 (a decline of 66.5%).
- Per Business Quant data, QS's Cash & Equivalents in the three quarters before Q3 2026 was $132.87 million (Q2 2026), $145.07 million (Q1 2026) and $230.52 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 204.52 Bn | 156.77 Bn | 3.11 Bn | 16.76 Bn |
| 2 | Bloom Energy | 49.50 Bn | 39.43 Bn | 417.10 Mn | 2.49 Bn |
| 3 | First Solar | 21.04 Bn | 12.41 Bn | 713.06 Mn | 1.58 Bn |
| 4 | Nextpower | 15.01 Bn | 10.72 Bn | 345.32 Mn | 1.03 Bn |
| 5 | BWX Technologies | 10.53 Bn | 8.35 Bn | 227.14 Mn | 568.53 Mn |
| 6 | Generac Holdings | 10.17 Bn | 8.90 Bn | 516.04 Mn | 393.67 Mn |
| 7 | EnerSys | 5.18 Bn | 3.37 Bn | 313.36 Mn | 530.66 Mn |
| 8 | Mirion Technologies | 4.15 Bn | 2.56 Bn | 131.50 Mn | 408.70 Mn |
| 9 | Enphase Energy | 3.83 Bn | -480.29 Mn | 127.12 Mn | 380.40 Mn |
| 10 | QuantumScape | 2.55 Bn | -1.00 Bn | - | 75.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 75.60 Mn |
| Jun 30, 2026 | 132.87 Mn |
| Mar 31, 2026 | 145.07 Mn |
| Dec 31, 2025 | 230.52 Mn |
| Sep 30, 2025 | 225.83 Mn |
| Jun 30, 2025 | 172.45 Mn |
| Mar 31, 2025 | 153.56 Mn |
| Dec 31, 2024 | 140.87 Mn |
| Sep 30, 2024 | 174.71 Mn |
| Jun 30, 2024 | 196.39 Mn |
| Mar 31, 2024 | 192.32 Mn |
| Dec 31, 2023 | 142.52 Mn |
| Sep 30, 2023 | 250.82 Mn |
| Jun 30, 2023 | 232.84 Mn |
| Mar 31, 2023 | 241.21 Mn |
| Dec 31, 2022 | 235.39 Mn |
| Sep 30, 2022 | 297.96 Mn |
| Jun 30, 2022 | 343.37 Mn |
| Mar 31, 2022 | 283.01 Mn |
| Dec 31, 2021 | 320.70 Mn |
API Access
QuantumScape Cash & Equivalents 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=cash-and-equivalents&ticker=QS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=QS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();